Who does the All Team franchisee appoint as their lawful agent for collecting Accounts Receivable?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
USER hereby appoints ATFC as its lawful agent and attorney-in-fact with full authority to do any and all lawful things necessary for the fulfillment of this Funding Agreement, including the following in order to collect the Accounts Receivable:
- A.
Invoicing Customers.
Pursuant to the Processing Agreement and the Franchise Agreement, ATFC will generate and mail or email invoices to Customers from information provided by USER with instructions to the Customer to remit payment to All Team Franchise Corporation, 500 N.
West Shore Boulevard, Suite 300, Tampa, FL 33609 or such other address as ATFC may designate in writing.
All invoices for services rendered shall be transmitted to the Customer and each such invoice shall bear a notice that they have been sold and assigned to, are owned by and are payable directly and only to ATFC.
With regard to each invoice, USER agrees that ATFC shall have access to all such information or documents as ATFC in its discretion may request from time to time.
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the franchisee (referred to as USER in the document) appoints All Team Franchise Corporation (ATFC) as their lawful agent and attorney-in-fact for collecting Accounts Receivable. This appointment grants ATFC the authority to take necessary actions to fulfill the Funding Agreement, specifically concerning the collection of Accounts Receivable.
All Team, through ATFC, will generate and send invoices to customers using information provided by the franchisee. These invoices will instruct customers to remit payments directly to All Team Franchise Corporation at their Tampa, FL address or any other address ATFC designates in writing. Each invoice will also include a notice stating that the invoices have been sold and assigned to, are owned by, and are payable directly and only to ATFC.
This arrangement means that the All Team franchisee is outsourcing the accounts receivable collection process to the franchisor. The franchisee must provide all necessary information to ATFC to generate and mail or email invoices. The franchisee also agrees that ATFC has access to all information or documents as ATFC in its discretion may request from time to time. This arrangement centralizes the payment collection process through the franchisor.