factual

Does Exit Realty Upper Midwest provide any assistance in obtaining financing?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

Except as listed below, EXIT and EXIT Realty Upper Midwest are not required to provide you with any assistance.

Source: Item 10 — FINANCING (FDD page 19)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, Exit Realty Upper Midwest is not required to provide franchisees with assistance in obtaining financing. Item 11 of the FDD outlines the assistance that Exit Realty Upper Midwest will provide to franchisees both before opening their franchise and during the operation of the franchise. This section specifies different types of support, such as providing prototypical office plans, access to computer software, training manuals, and ongoing training and consultation. However, it does not mention any assistance related to financing.

This lack of financing assistance is a notable factor for prospective franchisees to consider. Securing funding is a critical step in launching a new business, and many franchisors offer support in this area, such as connecting franchisees with preferred lenders or providing guidance on preparing loan applications. The absence of this support from Exit Realty Upper Midwest means that franchisees will need to independently explore financing options, which may include personal savings, loans from banks or credit unions, or other funding sources.

Prospective Exit franchisees should carefully evaluate their financial resources and develop a comprehensive funding plan. It would be prudent to inquire directly with Exit Realty Upper Midwest about any informal support or resources they might offer regarding financing, even if it is not explicitly stated in the FDD. Understanding the full scope of available support will help franchisees make informed decisions and prepare for the financial challenges of starting a franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.