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YOU?
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Your New Reality
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Hear industry expert Jeff Elgin speak about the rewards of franchise ownership.
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FRAN LINK STAFFING - FDD UFOC ITEM 10 Detail
ITEM 10
FINANCING
Except as described below,
neither Link nor any affiliate currently offers, directly or indirectly, any
financing arrangements to you. Link is unable to estimate whether you will be
able to obtain financing for any part or all of your investment and, if so, the
terms of such financing. Link does not have any past or present practice, nor
any intention, to sell, assign or discount to a third party, in whole or in
part, any note, contract or other instrument you execute.
Link
has established a financial assistance program for qualified franchisees,
primarily Link employees and other individuals with experience in the staffing
service industry. The assistance consists of Link''s guaranty of a loan granted
to you by a bank selected by Link. Link does not guaranty your lease or any
other obligation. Link does not require any security interest be given to
obtain this financing. Link does not receive any payments for placement of this
financing. The terms of the loan will vary depending on lender requirements and
borrower needs but Link has in the past entered into continuing and
unconditional guaranties of revolving lines of credit. For example, in some
instances, Link guaranteed $100,000 lines of credit under 1-year notes at an
interest rate of prime plus 1-1/4. These are examples of financing arrangements
and are subject to change.
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Franchise Categories
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Franchises
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Link Staffing
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FRAN LINK STAFFING FDD & UFOC Data
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FRAN LINK STAFFING FDD & UFOC ITEM 10
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