What is the amount of the line of credit that Bee Organized has with Crossfirst Bank?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
es have been reported in the financial statements.
The Company's Partnership tax returns for the years ending 2024 and 2023 are subject to examination by the IRS, generally for three years after they were filed.
NOTE 7 – Line of Credit
The entity has entered into an agreement with Crossfirst
Source: Item 23 — RECEIPTS (FDD pages 54–218)
What This Means (2025 FDD)
According to Bee Organized's 2025 Franchise Disclosure Document, the company has a line of credit with Crossfirst Bank. The amount of this line of credit is $53,985.
The document also indicates that during 2024, Bee Organized repaid $53,985 on this line of credit. Furthermore, the amount borrowed during 2024 was reported as $0, and the current balance of the line of credit is also $0.
This information is relevant to potential franchisees as it provides insight into Bee Organized's financial management and its relationship with lending institutions. A franchisee might consider this information when assessing the financial stability of the franchisor.