Does Buildingstars receive direct or indirect payments for placing financing for franchisees?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not know whether you will be able to obtain financing for all or part of your investment and, if so, the terms of the financing. We do not receive direct or indirect payments for placing financing.
Source: Item 10 — FINANCING (FDD page 20)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, Buildingstars does not receive direct or indirect payments for placing financing for its franchisees. The FDD also states that Buildingstars may finance a portion of the Initial Franchise Fee, as explained in Item 5, or Account Sales Fees.
Buildingstars may offer financing for a portion of the initial franchise fee or account sales fees. The FDD includes a copy of the Promissory Note as an exhibit to each Program's Franchise Agreement.
If a franchisee defaults on their obligations, they will be required to pay the entire amount due under the Promissory Note, in addition to court costs and attorneys' fees for collection and termination of the franchise or other cross-default clauses. A default under the Promissory Note will also be considered a default under the Franchise Agreement. The owners and their spouses will be required to sign a personal guarantee of the Promissory Notes.