What were the proceeds from the credit line payable for All Team in 2022?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 2022 | ||
|---|---|---|
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds from credit line payable | 15,371,492 | 21,942,195 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the proceeds from the credit line payable in 2022 were $21,942,195. This figure reflects the amount of money All Team received from its credit line during that year.
For a prospective franchisee, this information provides insight into All Team's financing activities and its reliance on credit lines. A high figure might suggest that All Team is using debt to fund its operations or expansion. It is important to note that while proceeds from a credit line can provide financial flexibility, they also create an obligation to repay the borrowed funds, which can impact All Team's financial stability.
Franchisees should consider this information in conjunction with other financial data, such as the principal payments on the credit line and the overall cash flow, to assess All Team's financial health. Understanding how All Team manages its debt can help franchisees evaluate the financial risks and opportunities associated with investing in the franchise.