Up to what amount will Degree Wellness' affiliate finance for equipment with no money down?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
rms will vary depending on your credit history and score. Our affiliate will finance up to $151,000 with no money down, ate a rate of prime plus 7%, for a five year period. See Item 8 and Item 10 for additional information. These figures do not include any proposed tariffs th
Source: Item 7 — Estimated Initial Investment (FDD pages 22–26)
What This Means (2025 FDD)
According to Degree Wellness' 2025 Franchise Disclosure Document, an affiliate will finance up to $151,000 for equipment with no money down. The interest rate is prime plus 7% for a five-year period. This financing option can significantly lower the initial cash outlay required to start the business. However, the franchisee will be responsible for repaying the loan with interest over the five-year term.
This financing arrangement is contingent upon the franchisee's credit history and score, which will determine the actual financing terms. The FDD advises prospective franchisees to refer to Item 8 and Item 10 for additional information regarding financing.
It is important to note that the figures provided do not include any proposed tariffs that could impact the price of imported goods. Therefore, the actual amount financed and the total cost of the equipment could be higher if tariffs are imposed. Franchisees should factor in potential tariff costs when making financial projections.
Prospective Degree Wellness franchisees should carefully evaluate their ability to repay the loan, considering the interest rate and the five-year term. They should also inquire about any potential changes in financing terms or the impact of tariffs on equipment costs before making a final decision.