Does Byrider provide a worksheet related to the Related Finance Company (CNAC) in the exhibits?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Confidentiality and Non-Disclosure Agreement | A.1a |
|---|---|
| Laws applicable to the retail sales and financing of vehicles | A.2a |
| Addendum to the Byrider Confidential Operating Manual (Ohio operators only) | A.3a |
| Addendum to Byrider Confidential Operating Manual (Kentucky operators only) | A.4a |
| Dealership Daily Duty Roster | A.5a |
| Related Finance Company (CNAC) Worksheet | A.6a |
| Board of Director's Consent Resolution and Exhibit A | A.7a |
| Agreement to Purchase Automobile Contracts | A.8a |
| Financing Services Agreement | A.9a |
| Requirements from the ECOA | A.10a |
| Byrider Franchising Forms Program | A.11a |
| Limited Warranty Coverage (Repairs Covered) | A.12a |
| Maximum Finance Charge Rate worksheet | A.13a |
| Servicemembers Civil Relief Act (SCRA) | A.14a |
| Byrider Deal Jacket Checklist | A.15a |
| CNAC Deal Jacket Checklist | A.16a |
| Collection abbreviations | A.17a |
| Field Call Log | A.18a |
| Skip Sheet | A.19a |
| Legal terms associated with bankruptcy | A.20a |
| Reaffirmation Agreement (October, 2005 Bankruptcy Law) | A.21a |
| Proof of Claim | A.22a |
| CNAC Repossession Checklist | A.23a |
| CNAC Inventory of Personal Items | A.24a |
| Katz, Sapper & Miller letter: Reporting Discharge of Indebtedness Under I.R.C. 6050P | A.25a |
| Customer 1099-C cover letter | A.26a |
| Collection Call Monitoring form | A.27a |
| Predictive Index (PI) Survey | A.28a |
| What can and can't I ask in an interview | A.29a |
| Non-Competition Agreement | A.30a |
| Page intentionally left blank | A.31a |
| Byrider/CNAC Anti-Money Laundering Plan | A.32a |
| Byrider/CNAC Whistleblower Policy | A.33a |
| Byrider/CNAC Fair Credit Policy & Acknowledgement | A.34a |
| Byrider/CNAC Red Flag and Identity Theft Program | A.35a |
| Gramm Leach Bliley Act Chief Privacy Officer Guide | A.36a |
| Buyer's Auction Log | A.37a |
| Inventory Log Book | A.38a |
| Byrider Vehicle Categories | A.39a |
| Comprehensive Inspection Requirements | A.40a |
| Vehicle Lot Ready Report | A.41a |
| This Vehicle Not for Sale sign | A.42a |
| Notice of Incompleteness letter | A.43a |
| Daily Driving Log | A.44a |
| Shop Maintenance Schedule | A.45a |
| Medical Supply Order Form | A.46a |
| Service Safety Meeting | A.47a |
| New Vehicle Check In Sheet | A.48a |
| Vehicle Repair Installment Contract | A.49a |
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, a worksheet related to the Related Finance Company (CNAC) is included in the exhibits. Specifically, the 'Related Finance Company (CNAC) Worksheet' is listed as exhibit A.6a. This suggests that Byrider provides franchisees with a tool or document to help manage or understand financial aspects related to CNAC, which is Byrider's affiliated finance company.
This worksheet could be crucial for franchisees as it likely contains information or templates needed for financial reporting, analysis, or compliance related to CNAC. Since Byrider operates with a CNAC finance division, understanding the financial relationship and processes between the franchise and CNAC is essential for the franchisee's business operations.
Prospective franchisees should review this worksheet carefully to understand the scope of its contents and how it will assist in managing the financial aspects of their Byrider franchise in relation to CNAC. Understanding the contents of this worksheet will likely be covered in the CNAC training course, which is designed for CNAC personnel, including the Underwriter, Finance Manager, Account Representative (Collector), or Portfolio Manager.