From what date do interest and late fees begin to accrue on underpayments to Marble Slab Creamery?

According to Marble Slab Creamery's 2025 Franchise Disclosure Document, interest and late fees on underpayments begin accruing from the date of the underpayment. This means that if a franchisee does not pay the full amount due on time, interest and late fees will be calculated starting from the original date the payment was due, not from a later date when Marble Slab Creamery notifies the franchisee of the underpayment.

This policy incentivizes franchisees to ensure all payments are accurate and on time. Franchisees should implement careful accounting practices to avoid underpayments, as interest and late fees can quickly add up, impacting profitability.

While the FDD specifies when interest and late fees begin, it does not detail the specific interest rate or late fee amount that Marble Slab Creamery charges on underpayments. This information is crucial for franchisees to understand their financial obligations fully. Prospective franchisees should clarify the exact interest rate and late fee policy with Marble Slab Creamery before signing the franchise agreement.