If requested, will Crave provide assistance with compiling financing documents?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
- If you request it, our assistance with compiling financing documents. (Franchise Agreement, Section 2.7)
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 32–42)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, Crave will provide assistance with compiling financing documents if a franchisee requests it. This assistance is listed as one of the services Crave provides before the opening of a franchised business. This is a potentially valuable benefit for new franchisees, as securing financing can be a complex and challenging process.
By offering assistance with compiling financing documents, Crave may help franchisees present a stronger case to potential lenders. This could increase the likelihood of loan approval or potentially result in more favorable loan terms. However, the FDD does not specify the extent or nature of this assistance, so prospective franchisees should clarify with Crave exactly what this entails.
While this assistance can be beneficial, franchisees should not rely solely on Crave for securing financing. It remains the franchisee's responsibility to actively pursue funding options and ensure they meet all lender requirements. Franchisees should inquire about the specific types of assistance Crave provides, such as reviewing business plans or providing templates for financial projections, to fully understand the scope of this support.