How many pages are dedicated to 'Finance Charges' within the Anago accounts receivable procedures?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
If you use the House Account to purchase supplies and elect to have your purchases deducted from your statement each month, we will charge you a financing fee of 5.25% of the amount charged.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
Based on the 2025 Anago Franchise Disclosure Document, there is no specific section labeled 'Finance Charges' that spans a certain number of pages within the accounts receivable procedures. However, the document does mention a financing fee related to House Account purchases. If a franchisee uses the House Account to purchase supplies and chooses to have these purchases deducted from their statement each month, Anago will charge a financing fee of 5.25% of the amount charged.
This financing fee is only applicable under the specific circumstance of using the House Account for supply purchases and electing for monthly deductions. It is not a general finance charge applied to all accounts receivable or C-Fee payments, which are addressed separately with terms for discounts and interest accrual.
Prospective franchisees should inquire with Anago about all potential fees and charges, including any other circumstances under which finance charges may be applied, to fully understand the financial obligations and accounts receivable procedures.