Does Hydrodog commit to extending credit or financing the operation of a Hydrodog Business?

According to Hydrodog's 2025 Franchise Disclosure Document, Hydrodog does not commit to extending credit or financing the operation of a Hydrodog Business. The agreement explicitly states that Hydrodog is not obligated to accept late payments or provide any form of financing for the franchisee's business operations. This means franchisees must secure their own funding to cover all costs associated with starting and running their Hydrodog franchise.

This policy has significant implications for prospective franchisees. It underscores the importance of having sufficient capital and a solid financial plan before investing in a Hydrodog franchise. Franchisees should be prepared to cover expenses such as the franchise fee, initial tool package, Hydrodog Vehicle, operating assets, business materials, and ongoing operational costs without relying on financial assistance from Hydrodog. Securing financing is the sole responsibility of the franchisee.

Furthermore, the agreement outlines various fees and payment terms, including late payment fees of 10% and insufficient funds fees of $50. These fees highlight the importance of timely payments and maintaining sufficient funds in the designated operating account. Hydrodog also retains the right to make automated withdrawals from the operating account for agreed-upon fees and payments, emphasizing the need for franchisees to manage their finances carefully and ensure compliance with the franchisor's payment policies.