How many days past due must amounts be before Byrider can suspend or limit access to services?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
Licensor shall have the right to suspend or limit, in whole or in part, Licensee's access to the Services upon ten (10) days written notice to Licensee if any amounts due Licensor are more than thirty (30) days past due or as otherwise provided in the Franchise Agreement.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, Byrider has the right to suspend or limit a franchisee's access to services if any amounts due to Byrider are more than 30 days past due. Byrider must provide the franchisee with ten days written notice before suspending or limiting access to services.
This means that if a Byrider franchisee fails to pay amounts owed to Byrider within 30 days of the due date, Byrider can take action to restrict or completely cut off the franchisee's access to the Licensed System. The Licensed System is crucial for the franchisee's operations, as it includes software for generating retail installment sales contracts, monitoring receivables, and managing collections.
This policy underscores the importance of franchisees maintaining timely payments to Byrider to avoid disruptions to their business operations. The ten-day written notice provides a brief window for franchisees to rectify the situation before access to essential services is suspended or limited. Franchisees should ensure they have systems in place to manage and track payments to Byrider to prevent any lapses that could lead to service interruptions.