What is the maximum Insufficient Funds Charge that Augusta Lawn Care can charge me in Minnesota?
Augusta_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
mit a Supplier and Product Evaluation Form (as set forth in Section 7.2.3). We may grant or deny any such request i
Source: Item 23 — RECEIPTS (FDD pages 44–184)
What This Means (2025 FDD)
According to the 2025 Augusta Lawn Care FDD, if a franchisee's payment is returned due to insufficient funds, Augusta Lawn Care will charge a $50 Insufficient Funds Fee each time. This fee applies regardless of the franchisee's location, including Minnesota. This means that each time a payment from a franchisee is rejected due to insufficient funds, Augusta Lawn Care has the right to charge the franchisee $50.
This fee is intended to cover the administrative costs and loss of use of funds incurred by Augusta Lawn Care due to the returned payment. It's important for prospective franchisees to maintain sufficient funds in their accounts to avoid these charges. Franchisees should also be aware of the payment procedures designated by Augusta Lawn Care, as these procedures can be changed at any time with written notice.
It is also important to note that Augusta Lawn Care has the right to apply any payment it receives from a franchisee to any past due amount owed, regardless of how the franchisee intended the payment to be applied. This could potentially lead to insufficient funds if the franchisee was expecting the payment to cover a different obligation. Therefore, franchisees should maintain clear communication with Augusta Lawn Care regarding payment allocations to avoid any misunderstandings or unexpected fees.