Is All Team required to accept payments after they are due from the franchisee?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
Neither ATFC nor any of its affiliates are required to accept payments after same are due or extend credit or otherwise finance FRANCHISEE's operation of the franchise.
Source: Item 22 — CONTRACTS (FDD pages 33–34)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, neither All Team nor its affiliates are required to accept payments from franchisees after the due date. Furthermore, All Team is not obligated to extend credit or provide financing for the franchisee's business operations. This policy is clearly outlined in the franchise agreement to ensure franchisees understand their financial obligations and the franchisor's payment expectations.
This stipulation means that All Team franchisees must manage their finances carefully to ensure timely payments. Failure to make payments on time could result in penalties, such as interest charges, as detailed elsewhere in the FDD. Franchisees should be prepared to cover all operational costs and fees without relying on the possibility of delayed payment acceptance or financial assistance from All Team.
This type of clause is relatively standard in franchise agreements. It protects the franchisor's cash flow and ensures consistent revenue collection. Prospective All Team franchisees should factor this into their financial planning and maintain sufficient working capital to meet all payment deadlines.