Does Byrider provide franchisees with a form for Collection Call Monitoring?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
Licensor has developed certain computer software programs relating to "buy-here-pay-here" automobile sales and collection management systems, including programs which allow generation of specific retail installment sales and security contracts from input data and monitoring of receivables and collection productivity by Licensee, for use in the automobile sales business (hereinafter referred to as "Licensed Software").
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
The 2025 Byrider Franchise Disclosure Document (FDD) indicates that Byrider has developed computer software programs related to "buy-here-pay-here" automobile sales and collection management systems. This software includes programs for monitoring receivables and collection productivity.
The Byrider Software Services and User Agreement, included as Exhibit D to the Franchise Agreement, outlines the terms for using this software. The software allows for the generation of retail installment sales and security contracts from input data. The technology system comprises Byrider proprietary software, off-the-shelf software, hardware, SaaS platforms from third-party providers, public cloud-based platforms, and a dealer management system with integrated mandatory Customer Relations Management.
While the FDD mentions software for monitoring receivables and collection productivity, it does not explicitly state that Byrider provides franchisees with a specific form for collection call monitoring. However, the software's capabilities suggest that it includes tools for this purpose. A prospective franchisee should confirm with Byrider the specific features and functionalities of the software related to collection call monitoring to fully understand the available resources.