Does Coffee News currently sell, assign, or discount financing arrangements to third parties?

According to Coffee News's 2025 Franchise Disclosure Document, Coffee News does not currently sell, assign, or discount financing arrangements to third parties. Coffee News may finance additional purchases of franchise territories through Coffee News USA, Inc. after one year under the agreement, with competitive rates and terms pursuant to a Promissory Note.

If a franchisee wants to buy more than one franchise, Coffee News may finance up to three more franchises initially, as long as the franchisee has good credit and a net worth of at least $100,000. Interest will be at a 5% APR (Annual Percentage Rate). The term will vary from two to five years based on the amount borrowed and the ability to pay, based on negotiations and a review of a personal financial statement.

There is no prepayment penalty. Coffee News will hold any such licensed rights to the licensed territories granted under the Coffee News License Agreement as security until the Promissory Note has been paid in full. If a franchisee does not pay on time, Coffee News can call the loan and demand immediate payment of the full outstanding balance and obtain court costs and attorney's fees if a collection action is necessary.