What is the interest rate All Dogs Unleashed charges on late payments?

According to All Dogs Unleashed's 2025 Franchise Disclosure Document, the interest rate charged on late payments is the lesser of 18% per annum or the highest commercial contract interest rate allowed by law in the facility's jurisdiction, referred to as the "Default Rate". This interest applies only to overdue amounts.

For a prospective All Dogs Unleashed franchisee, this means that if payments are not made on time, they will incur interest charges. The specific rate will depend on the state where the facility is located, as the highest allowable commercial contract interest rate varies by jurisdiction. However, the rate will not exceed 18% per year.

It is important for franchisees to be aware of this policy to avoid incurring additional costs. Franchisees should ensure timely payments to avoid these interest charges, as late payments can impact profitability. This is a fairly standard practice in franchising, as franchisors often charge interest on overdue amounts to encourage timely payments and to compensate for the administrative costs associated with collecting late payments.