factual
What is the range of the Accounts Receivable Processing Fee charged to Budget franchisees, and when is this fee due?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| a. Accounts Receivable Processing Fee | Our then-current charge. Currently it is 2%–7% of charges incurred. | When transaction is processed | Variable rate by business segment. Central billing is currently 3.0% for Budget Licensees who process reservations via Wizard only and 4.5% for Budget Licensees who do not use Wizard as their front end rental processing system. The direct bill charge card fee is up to 7%. These fees are subject to change. |
Source: Item 6 — OTHER FEES(1) (FDD pages 17–29)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, franchisees are charged an Accounts Receivable Processing Fee. This fee is currently between 2% and 7% of the charges incurred. The exact percentage varies by business segment.
For Budget Licensees who process reservations via Wizard only, the central billing fee is 3.0%. For those who do not use Wizard as their front end rental processing system, the fee is 4.5%. The direct bill charge card fee can be up to 7%.
This fee is due when the transaction is processed. The FDD also states that these fees are subject to change, so prospective franchisees should confirm the current rates with Budget during their due diligence.
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.