Interface Financial Group, The
Yes, we actively support the inclusion and development of minority-owned franchises in the Interface Financial Group, The system.
Interface Financial Group, The 2182 DuPont Dr., # 221
Irvine, CA 92612-1320
800#: (800) 387-0860 Tel: (905) 475-5701 Fax: (866) 475-8688
E-mail: dtbanf@interfacefinancial.biz
Web Site: www.interfacefinancial.com
Contact: Mr. David T. Banfield, President
Franchise buys quality accounts receivables from client companies at a discount to provide short-term working capital to expanding businesses.
Franchisor Background
Established: 1971
First Franchise: 1991
Franchise Units: 146
Company-Owned Units: 0
Total Units: 146
Distribution:
> North America -- Operations in 30 States, 6 Provinces
> States/Provinces with Greatest Density: 15 in CA, 7 in ON
Units Owned by Minorities:
>African-American: 1
>Hispanic: 1
>Asian-American: 3
>Native American:
>Other:
Average Number of Employees: NR (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB
(for abbreviations click here)
Financial Requirements
Cash Investment: $150K
Total Investment: $180K
Average Total Investment: $180K
Minimum Net Worth: $300K
Fees
>Franchise: $30K
>Average Franchise Fee: $30K
>Royalty: 8%
>Advertising: NR
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements:Yes
Sub-Franchising Contracts: NR
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: NR
On-Going Support: D,E,I (for an explanation click here)
Training: 6 Days.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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