What is the highest interest rate permitted by law in California for Alloy franchisees?

According to the 2025 Alloy Franchise Disclosure Document, the highest interest rate permitted by law in California is 10%. This applies to any financial agreements or arrangements between Alloy and its franchisees operating in California. This means that Alloy cannot legally charge an interest rate higher than 10% on any loans, financing, or other financial obligations that a franchisee incurs. Franchisees should be aware of this limit and ensure that any agreements they enter into with Alloy comply with this legal requirement. This protection is specific to California, and interest rate limits may vary in other states where Alloy franchises operate.