According to Face Foundrie's 2025 Franchise Disclosure Document, the company's credit card payable balance was $22,075 as of December 31, 2023. This figure represents the outstanding amounts Face Foundrie owed to various credit card issuers for business-related transactions. These transactions primarily covered expenses related to the purchase of supplies, services, and other operating expenses.

For a prospective Face Foundrie franchisee, understanding the credit card payable balance provides insight into the company's short-term liabilities and how it manages its expenses. A higher credit card payable balance could indicate a greater reliance on credit to finance operations, while a lower balance might suggest more efficient cash flow management. Franchisees can compare these figures year-over-year to identify trends in Face Foundrie's spending and financial management practices.

It's also important to note that Face Foundrie monitors its credit card balances closely and makes payments within the specified credit terms to avoid incurring additional costs such as interest charges or late payment penalties. This indicates a proactive approach to managing its credit obligations, which can be a positive sign for potential franchisees. Additionally, Face Foundrie did not have any significant concentrations of credit risk related to credit cards payable as of December 31, 2023, suggesting a diversified base of credit card issuers and a stable financial position.