factual

What capabilities does the signature capture system for Budget provide at the time of rental?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

SCHEDULE A

RENTAL SYSTEM FUNCTIONALITY

Real-Time Check Out Transaction

Enables the rental location to automatically prepare a rental agreement from a reservation, customer number, credit card or walk-up customer. If the customer had a reservation or a customer number stored, the associated information will be displayed in the applicable fields.

Card Swipe Transaction

On any terminal equipped with a magnetic stripe reader, upon the rental sales agent swiping the card, the system will attempt to locate the associated reservation and if present, display the applicable fields including credit identification and method of payment. If no reservation is found, the system will auto fill the name, credit identification and method of payment fields. If a customer number is associated to the charge card swiped, the system will auto fill the information included in the customer's file.

Ready Line

Enables the rental location to display and select vehicles in the class requested during a real-time check-out transaction.

Preprint Rental Agreement Transaction

Enables the rental location to prepare a rental agreement one day in advance of arrival for customers having a complete reservation and customer number.

Source: Item 23 — RECEIPTS (FDD pages 80–426)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, the rental system offers several functionalities at the time of rental. The "Real-Time Check Out Transaction" feature enables the rental location to automatically prepare a rental agreement from a reservation, customer number, credit card, or walk-up customer. If the customer has a reservation or a stored customer number, the associated information is displayed in the relevant fields.

Additionally, the "Card Swipe Transaction" feature allows the rental sales agent to swipe a card on a terminal equipped with a magnetic stripe reader. The system then attempts to locate any associated reservation and displays the applicable fields, including credit identification and method of payment. If no reservation is found, the system automatically fills in the name, credit identification, and method of payment fields. If a customer number is linked to the charge card swiped, the system auto-fills the information included in the customer's file.

The "Ready Line" feature enables the rental location to display and select vehicles in the class requested during a real-time check-out transaction. The "Preprint Rental Agreement Transaction" enables the rental location to prepare a rental agreement one day in advance of arrival for customers having a complete reservation and customer number. These features streamline the rental process and enhance efficiency for both Budget and its customers.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.