What is the maximum interest rate in California currently applicable to Focalpoint Coaching franchisees?

According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the maximum interest rate applicable to franchisees in California is 10% annually. This information is specifically outlined in Item 22, which addresses state-specific addenda and riders to the franchise agreement. This rate applies notwithstanding any other statements to the contrary in the franchise agreement.

For a prospective Focalpoint Coaching franchisee in California, this means that any late fees or interest charged on overdue payments cannot exceed this 10% annual rate. This provision is designed to protect franchisees from excessively high-interest charges that might otherwise be imposed. It is important for franchisees to be aware of this limit, as it supersedes any conflicting terms within the standard franchise agreement.

This disclosure is particularly relevant for California franchisees due to specific state laws aimed at protecting franchisees. The inclusion of this information in the state addendum ensures that the franchise agreement complies with California regulations, providing a degree of financial certainty and protection for the franchisee. Prospective franchisees should consult with legal counsel to fully understand their rights and obligations under California law and the franchise agreement.