What is the electronic ACH Form used for regarding Precision Door Service?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
, individually PRECISION DOOR SERVICE SPV LLC A Delaware Limited Liability Company , President
Schedule B to the Franchise Agreement
ACH FORM
ACH Origination services will not be considered until this application is FILLED OUT COMPLETELY
Source: Item 22 — Contracts (FDD pages 91–92)
What This Means (2025 FDD)
According to the 2025 Precision Door Service Franchise Disclosure Document, Schedule B to the Franchise Agreement includes an ACH Form. The document states that ACH Origination services will not be considered until the application is completely filled out.
This implies that Precision Door Service uses ACH (Automated Clearing House) for electronic payments, likely for franchisees to pay fees or for other financial transactions between the franchisee and the company. The requirement that the form be completely filled out suggests that Precision Door Service needs all necessary information to process these electronic payments correctly.
Prospective franchisees should ensure they understand the purpose of the ACH form and the implications of using ACH for payments. They should also confirm what types of payments will be made via ACH and what the schedule for these payments will be. It is important to ask Precision Door Service about any fees associated with ACH transactions and what recourse a franchisee has if there are errors or disputes related to these payments.