What late charge may be applied to overdue payments from Dq Treat locations to Acumera?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
- **10.3.
Overdue Payments.** At Acumera's discretion, any undisputed payment not received from Participating Location by the due date may accrue late charges at the rate of one and a half percent (1.5%) of the outstanding balance per month, or at the maximum rate permitted by law, whichever is lower, from the date
- **10.4.
Suspension of Service.** If Participating Location's account is fifteen (15) days or more overdue, in addition to any of its other rights or remedies, Acumera reserves the right to suspend the Service provided to Participating Location, without liability to Acumera, until such amounts are paid in full; provided, however, that prior to any such suspension, Acumera shall provide Participating Location with at least ten (10) days' prior written notice that payment is overdue and the date upon which Services will be suspended if payment is not received.
Acumera may require an activation fee to change or resume a suspended Account.
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 Dq Treat's 2025 Franchise Disclosure Document, Acumera, at its discretion, may charge a late fee on any undisputed payment not received from a participating location by the due date. This late charge can accrue at a rate of 1.5% of the outstanding balance per month. However, the FDD specifies that the late charge will be either 1.5% per month or the maximum rate permitted by law, whichever is lower. The charge is applied from the original due date of the payment.
This means that if a Dq Treat franchisee fails to make a payment to Acumera on time, they could be subject to a late fee. The exact amount of the fee will depend on the outstanding balance and the applicable legal limits on late charges in their jurisdiction. Franchisees should be aware of their payment due dates and ensure timely payments to avoid these charges.
Furthermore, if an account is 15 days or more overdue, Acumera reserves the right to suspend service to the Dq Treat location. However, Acumera must provide at least ten days' prior written notice before suspending service, giving the franchisee an opportunity to rectify the overdue payment. An activation fee may be required to resume a suspended account.