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AMERICINN - FDD UFOC ITEM 10 Detail

ITEM 10

FINANCING

 

We do not offer any direct or indirect financing to our franchisees. We do not guaranty your note, lease or obligation. If you are a corporation, limited liability company, limited partnership or other entity, we may require your shareholders, members, limited partners or other owners to guaranty all of part of your obligations to us. Typically, the aggregate liability of your shareholders, members, limited partners or other owners under the guaranty will be limited to a principal amount of $350,000 plus interest on that amount and all attorneys'' fees, collection costs and enforcement expenses relating to this guaranty.

We have registered the Americlnn� franchises being offered hereby under the Franchise Registry maintained by the United States Small Business Administration''s Franchise Registry Program, www.franchiseregistrv.com. Consequently, if you apply for financial assistance from the SBA in connection with the purchase, development and construction of your Americlnn�, you will be eligible for expedited loan processing through this program.

 

 





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