What is the due date for the Funding Fee for All Team?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS |
|---|---|---|---|
| Funding Fee (Note 3) | 1.5% of Customer Invoice amount (one-time fee); After 30 days, Accounts Receivable Service Charge of 0.05% per day will be assessed thereafter; and Upon 90 days the amount of the Accounts Receivable is charged back to you | By noon Wednesday based on the prior week's Temporary Employment Gross Billings | This Funding Fee is deducted from the Temporary Gross Billings collected by us under the Funding Agreement. The Funding Fee can be increased upon written notice. |
Source: Item 6 — OTHER FEES\ (FDD pages 10–13)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the Funding Fee is due by noon on Wednesday based on the prior week's Temporary Employment Gross Billings. This fee is 1.5% of the Customer Invoice amount and is a one-time charge. The Funding Fee is deducted from the Temporary Gross Billings collected by All Team under the Funding Agreement.
After 30 days, an Accounts Receivable Service Charge of 0.05% per day will be assessed. After 90 days, the amount of the Accounts Receivable is charged back to the franchisee.
It is important to note that All Team requires franchisees to obtain payroll funding from them, and they are currently the only approved payroll funding source. The Funding Fee is subject to change with written notification, but All Team will not change it more than once a year. Upon termination of the Funding Agreement, All Team has the right to withhold up to $10,000 in customer payments for 12 months to offset any unpaid receivables or customer chargebacks.