Who is responsible for securing financing to manage the project within the opening timeline requirements for a Dq Treat franchise?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
You are solely responsible for identifying and gaining commitment from a lender that enables you to manage your project within the opening timeline requirements as stated in the consent letter if consent is granted (i.e. SBA preferred and express lenders and providers with the ability to expedite lending). Company has no obligation to assist you with financing and will not adjust timelines based on your inability to timely secure appropriate financing.
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, the franchisee is solely responsible for securing the necessary financing to manage the project within the specified opening timeline. Dq Treat has no obligation to assist in financing and will not adjust the timelines if the franchisee is unable to secure funding in a timely manner.
This means that prospective Dq Treat franchisees must independently identify and obtain commitment from a lender capable of providing the necessary funds to meet the project's financial demands and opening timeline. This includes finding lenders with the ability to expedite lending, such as SBA preferred and express lenders.
The FDD emphasizes the importance of the franchisee's ability to manage the project's financing independently. Failure to secure adequate and timely financing can lead to delays, for which Dq Treat will not be held responsible. Therefore, franchisees should carefully assess their financial capabilities and explore financing options well in advance of starting the project to ensure they can meet the opening timeline requirements.