Does Budget offer indirect financing to Budget franchise owners?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
Neither Budget nor its affiliates offers direct or indirect financing to Budget Franchise owners. Budget does not guarantee your note, lease, vendor purchases, or any other obligation.
Source: Item 10 — FINANCING (FDD page 37)
What This Means (2025 FDD)
According to the 2025 FDD, Budget does not offer direct or indirect financing to its franchise owners. Budget also does not guarantee any financial obligations of the franchisee, such as notes, leases, or vendor purchases.
Budget expects franchisees to secure their own financing to cover 100% of their fleet costs. This financing will likely require the franchisee to provide security, potentially including the fleet itself, personal guarantees from the franchisee or its owners, and possibly personal assets. Franchisees will then make finance payments directly to the financial institutions they choose.
This lack of financing from Budget means prospective franchisees must have sufficient capital or access to external funding sources to cover the initial investment and ongoing operational costs. It is important for potential franchisees to carefully consider their financial situation and explore all available financing options before investing in a Budget franchise.