Can Aira Fitness make loans to the Marketing Fund to cover deficits?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
We may make loans to the Marketing Fund bearing reasonable interest to cover any deficit of the Marketing Fund and cause the Marketing Fund to invest in a surplus for future use by the Marketing Fund. National Marketing Fees will not be used for advertising principally directed at the sale of franchises, provided our general marketing materials may reference franchise sales available. At your written request, we will provide you with an annual unaudited statement of the receipts and disbursements of the Marketing Fund.
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 38–43)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, Aira Fitness may make loans to the Marketing Fund. These loans will bear reasonable interest to cover any deficit of the Marketing Fund. Aira Fitness can also cause the Marketing Fund to invest in a surplus for future use by the Marketing Fund.
This means that Aira Fitness has the ability to financially support the Marketing Fund if it experiences a shortfall. The loans made to the fund will accrue interest, which could benefit Aira Fitness. The Marketing Fund can also invest any surplus it has for future use, which could help ensure the long-term financial stability of the fund.
It is important to note that Aira Fitness will provide an annual unaudited statement of the receipts and disbursements of the Marketing Fund at the franchisee's written request. This allows franchisees to stay informed about the financial status of the Marketing Fund and how their National Marketing Fees are being used.