If I am financing my Chesters franchise through Ascentium Capital, what documents are included in the FDD?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
We have arranged for third-party Ascentium (defined in Item 5) to offer term loans to our franchisees to finance your purchase of certain core equipment, signage, fixtures, and supplies you will need for your Restaurant. A copy of the Ascentium Equipment Finance Agreement (1 page and 2 page versions) and the related prepayment addendums, currently used by Ascentium are attached to this disclosure document as Exhibit G.
Source: Item 22 — **CONTRACTS (FDD page 48)
What This Means (2025 FDD)
According to the 2025 Chesters Franchise Disclosure Document, if you are utilizing the Ascentium Capital Equipment Financing Program, copies of the Ascentium Equipment Finance Agreement (both 1-page and 2-page versions) and related prepayment addendums are included as Exhibit G to the FDD.
Chesters has arranged for Ascentium to offer term loans to franchisees for financing the purchase of core equipment, signage, fixtures, and supplies needed for the restaurant. The key terms of the Ascentium Equipment Finance Agreement are detailed in Item 10 of the FDD.
Prospective franchisees should carefully review Exhibit G and Item 10 to understand the terms and conditions of the Ascentium Capital financing program, including interest rates, repayment schedules, and any associated fees. Understanding these documents is crucial for making informed financial decisions regarding the franchise investment.