Can Holiday furnish guaranties to Atwell Suites licensees?

According to Atwell Suites' 2025 Franchise Disclosure Document, Holiday Hospitality Franchising, LLC, SCH or its affiliate, General Innkeeping Acceptance Corporation ("GIAC"), may furnish loans or guaranties to Atwell Suites licensees. This indicates that there is a possibility for Atwell Suites franchisees to obtain financial assistance in the form of loans or guaranties from Holiday, SCH, or GIAC.

This potential financial support could be beneficial for franchisees who require funding to cover various costs associated with establishing and operating an Atwell Suites hotel, such as construction, renovation, or initial operating expenses. However, the FDD does not elaborate on the specific terms, conditions, or eligibility criteria for these loans or guaranties.

Prospective franchisees should inquire with Atwell Suites about the availability, terms, and conditions of such financial assistance programs. Understanding the details of these programs is crucial for franchisees to assess their financial options and make informed decisions about their investment in an Atwell Suites franchise. Item 10 of the FDD would likely contain more information.