When is the Credit Card Processing Fee due for a Cr3 American Exteriors franchise?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF FEE | AMOUNT | DUE DATE (Note 2) | REMARKS |
|---|---|---|---|
| (Note 1) | |||
| Credit Card Processing Fee | Then current rate charged by third- party credit card processor. | At time of charge | You agree to pay a credit card processing fee if you pay any sums to us by credit card, to the extent permitted by law. |
Source: Item 6 — OTHER FEES (FDD pages 18–20)
What This Means (2025 FDD)
According to Cr3 American Exteriors's 2025 Franchise Disclosure Document, a franchisee must pay a credit card processing fee at the time of the charge. The fee is the current rate charged by the third-party credit card processor. This fee applies if the franchisee chooses to pay any sums to Cr3 American Exteriors via credit card, provided it is legally permissible.
This means that if a Cr3 American Exteriors franchisee uses a credit card to pay any fees or other amounts owed to the franchisor, they will incur an additional fee to cover the credit card processing costs. The amount of this fee will depend on the rate charged by the specific third-party processor Cr3 American Exteriors uses at that time.
Franchisees should factor this potential expense into their financial planning, especially if they anticipate using credit cards for payments to Cr3 American Exteriors. It is a fairly standard practice for franchisors to pass along credit card processing fees to franchisees when credit card payments are accepted, as these fees can add up and impact the franchisor's revenue.