How are amounts due to Alloy paid?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| (full name) | I authorize Alloy Personal Training, LLC. to charge my bank |
|---|---|
| technology fee. | account indicated below weekly on Wednesdays for royalties, brand development fund and the |
| Billing Address | Phone# |
| City, State, Zip | |
| Account Type: | Savings |
| Checking | |
| Name on Acct | |
| Bank Name | |
| Account Number | |
| Bank Routing # | |
| Bank City/State |
I understand that this authorization will remain in effect until I cancel it in writing, and I agree to notify Alloy Personal Training, LLC in writing of any changes in my account information or termination of this authorization at least 15 days prior to the next billing date. If the above noted periodic payment dates fall on a weekend or holiday, I understand that the payment may be executed on the next business day. I understand that because this is an electronic transaction, these funds may be withdrawn from my account as soon as the above noted periodic transaction dates. In the case of an ACH Transaction being rejected for Non Sufficient Funds (NSF) I understand that Alloy Personal Training, LLC may at its discretion attempt to process the charge again within 30 days, and agree to an additional $25 charge for each attempt returned NSF which will be initiated as a separate transaction from the authorized recurring payment. I acknowledge that t
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, payments are typically made via ACH transactions. Franchisees authorize Alloy to make recurring payments, and they are responsible for notifying Alloy in writing of any changes to their account information or termination of the authorization at least 15 days before the next billing date.
If a periodic payment date falls on a weekend or holiday, the payment may be executed on the next business day. Because these are electronic transactions, funds may be withdrawn from the franchisee's account as soon as the periodic transaction dates.
In the event of a Non-Sufficient Funds (NSF) rejection, Alloy may attempt to process the charge again within 30 days and will charge an additional $25 fee for each returned attempt. Franchisees agree not to dispute recurring billings with their bank as long as the transactions correspond to the terms of the authorization form.