What is the Credit Card Processing Fee 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, franchisees will incur a Credit Card Processing Fee. This fee is the then-current rate charged by the third-party credit card processor. The fee is due at the time of the charge, and franchisees agree to pay it if they pay any sums to Cr3 American Exteriors by credit card, to the extent permitted by law.
In simpler terms, if a Cr3 American Exteriors franchisee chooses to pay any fees or other amounts owed to Cr3 American Exteriors using a credit card, they will be responsible for covering the credit card processing fee. This fee is not a fixed amount determined by Cr3 American Exteriors but rather depends on the rate charged by the specific third-party credit card processor at the time of the transaction.
Franchisees should be aware that the Credit Card Processing Fee can vary depending on the processor used and the prevailing rates. It is a pass-through cost, meaning Cr3 American Exteriors is simply passing on the fee charged by the credit card processor to the franchisee. Franchisees should factor this potential cost into their financial planning if they anticipate using credit cards to make payments to Cr3 American Exteriors. It would be prudent to inquire with Cr3 American Exteriors about which third-party processor they typically use and what the current rates are to better estimate this expense.