Does Bft endorse any specific financing terms offered by third-party lenders?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. While we do not offer direct or indirect financing, certain third-party lenders, such as Amerifund and Navitas, have sponsored our convention in the past and may do so in the future, but we are unaware of the terms of any financing you may, if at all, obtain from these or other lenders.
Source: Item 10 — FINANCING (FDD page 37)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, Bft does not offer direct or indirect financing to franchisees. While Bft does not offer financing, certain third-party lenders may sponsor Bft's conventions. However, Bft states that it is unaware of the specific terms of any financing that a franchisee may obtain from these or other lenders.
This means that prospective Bft franchisees will need to secure their own financing through banks, credit unions, or other lending institutions. The FDD indicates that Bft does not guarantee any franchisee's obligations. Franchisees should carefully review the terms and conditions of any financing offered by third-party lenders and seek professional advice before entering into any financing agreements.
It is common for franchisors to have relationships with third-party lenders who are familiar with the franchise system. However, the ultimate responsibility for securing financing rests with the franchisee. The fact that Bft does not endorse specific financing terms suggests that franchisees have the flexibility to shop around for the best financing options available to them.