Is the Credit Application for Dq Treat franchisees a standard form?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
Return both completed and signed originals of the Participation Agreement and Step 13. Credit Application to the following fax number:
FAX: 1-402-916-8946
After processing your Participation Agreement, GIFT will return 1 fully executed copy of the Participation Agreement to you. Accompanying your copy of the Agreement will be a cover letter containing your GIFT Merchant ID Number and First Data Net log-on information with password to access your gift card reconciliation reports via the Internet.
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to the 2025 Dq Treat FDD, after a franchisee submits the Participation Agreement, they must also submit a Credit Application. The FDD states that franchisees must return both completed and signed originals of the Participation Agreement and Credit Application to a specified fax number. The document does not explicitly state whether the Credit Application is a standard form, but it is implied since the franchisee must complete and sign it.
It is important to note that the FDD mentions an ACH Authorization form (Exhibit A) that franchisees must provide, authorizing Dq Treat's client and service providers to initiate debit and credit entries to the franchisee's account for card transactions and adjustments. This suggests that the Credit Application may be used to set up these payment processing arrangements.
To gain a clearer understanding, a prospective Dq Treat franchisee should ask the franchisor for a copy of the Credit Application form during the due diligence process. This will allow the franchisee to review the form's contents and requirements, ensuring they are prepared to provide the necessary information and meet any obligations associated with it.