factual

For those eligible for full funding from Coffee News, what is the maximum loan term, in months?

Coffee_News Franchise · 2025 FDD

Answer from 2025 FDD Document

For those with excellent credit, as evidenced by a credit report from Equifax, Experian or Transunion or similar credit rating agencies in other countries, and with verifiable extensive advertising or similar sales experience including entrepreneurial management experience of at least 2 years, you may be eligible for full funding for the purchase of a minimum of four or more franchises, subject to the initial payment of the training fee as more fully explained in Item 11. You will be required to attend the next Coffee News College at the time of purchase, and you will be required to use the printing services of Coffee News Printing, Inc. during the term of the loan. The interest rate will be 5% simple interest with weekly payments for principal and interest for up to 48 months and the weekly fees beginning at the start of the fourth month under the agreement by credit or debit card or electronic funds transfer in accordance with Item 6, (Other Fees).

Source: Item 10 — Financing (FDD pages 16–17)

What This Means (2025 FDD)

According to Coffee News's 2025 Franchise Disclosure Document, franchisees with excellent credit and verifiable extensive advertising or similar sales experience, including entrepreneurial management experience of at least 2 years, may be eligible for full funding to purchase a minimum of four franchises. The maximum loan term for eligible franchisees is up to 48 months.

For those who receive funding, the interest rate will be 5% simple interest with weekly payments for principal and interest. These weekly fees will commence at the start of the fourth month under the agreement and will be paid by credit or debit card or electronic funds transfer.

Additionally, franchisees who obtain financing for full funding to purchase a minimum of four franchises must use the printing services of Coffee News Printing, Inc. during the term of the loan and attend the next Coffee News College at the time of purchase.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.