WANTED: Franchise Entrepreneurs!
Why a FedPayUSA, LLC Franchise?
So, you’ve landed on our page while searching for a franchise opportunity that offers challenging, exciting ways to be your own boss. We are sure the following points have already crossed your mind:
A FedPayUSA, LLC payment processing franchise offers all this and more. Read on to see if you are a good match as a franchise owner, and someone who could take our model and achieve your personal goals.
Why a Payment Processing Franchise?
With all the business opportunities available, why choose a financial industry franchise in payment processing? The answer is simple. Because in the ever-evolving financial industry, there will always be a need for new, improved methods of managing merchants’ payment issues.
In 1998, federal banking laws changed allowing for electronic recovery of dishonored checks. In 2001, designers perfected software capable of fulfilling electronic check recovery. As a pioneer in the industry, FedPayUSA, LLC is a leading provider of free electronic check recovery service in the country and we are continually expanding the scope of our programs.
We concentrate on providing custom solutions to improve our customer’s profitability. Whether it’s guaranteed check protection, electronic check conversion, electronic check recovery, check verification, back office conversion, centralized returns or accounts receivable collection services, we create solutions to fit a business’ particular needs.
We offer services needed by businesses of all shapes and sizes; services that enhance a business’ profitability, saving time and money.
A Flexible Franchise with Solid Opportunity
This is where you come in. To continue reaching businesses nationwide, we have identified 180 franchise locations to promote locally controlled, relationship-building opportunities. With a FedPayUSA, LLC franchise, you can own your own business and still maintain your independence, make your own decisions and enjoy a flexible schedule.
As a franchise owner, you are guaranteed a protected territory with approximately 20,000 businesses appropriate for our services. Through a database of potential prospects, supported by comprehensive technical and marketing support, you can enjoy the flexibility and freedom that only comes by owning a franchise!
FedPayUSA, LLC is a pioneer in the financial service industry and has the endorsement of more than 75 state and national associations representing a membership in excess of 170,000 members. From the California Veterinary Medical Association to the Retail Council of New York State, our services reach nationwide and are well received as a vital revenue stream for associations and organizations.
Support Every Step of the Way
We understand support and training are vital in your decision. As a franchise owner, the following are provided as a means of helping with the start-up phase as well as ongoing support.
- Provide an intensive training program at our corporate office to learn about each of our services, competitive advantages, operational issues, sales techniques, marketing ideas and strategies
- Provide stationery, envelopes, business cards, presentation folders, insert sheets and other marketing materials to cover your first 500 prospect calls
- Design and provide outreach marketing materials created by our advertising firm or in-house marketing department for your use in promoting services to prospective clients
- Provide territory outreach marketing, client enrollment, customer service, tracking and reports for territories
- Include franchisee contact information on our Web site for viewing and access by potential clients
- Provide a database of approximately 20,000 SIC code-filtered businesses within your protected territory, appropriate for our services; entries within the database will include business name, address, phone and point of contact
- Access to our numerous state and national association endorsements that exist in your territory
- Provide our full range of check processing and check recovery services
- Provide a customer service communication center to handle client questions regarding enrollment, terms and conditions, check status, payments scheduled, equipment service or replacement, etc.
- Provide all accounting infrastructure necessary to provide expense tracking, revenue tracking, billing and reimbursement to enrolled clients
- Provide accounting and legal consultation/assistance at FedPayUSA, LLC rates
Franchise Investment and Return on Your Investment
The total fee to own a FedPayUSA, LLC franchise is $30,000 for each protected geographic territory. This payment includes all franchise and services fees. FedPayUSA, LLC covers the cost of travel, training, starter kit and an initial outreach direct mailing to businesses within your protected geographic territory. Home-base expenses for office space, equipment, personnel and other start up costs will be your responsibility.
When FedPayUSA, LLC services are sold, we will split net revenues after vendor fees on a 50/50 basis. Compensation is calculated on a monthly basis for the previous month’s sales/business transactions.
6 Easy Steps to Owning a Franchise
FedPayUSA, LLC believes in the entrepreneurial spirit. Combined with our proven business model, true entrepreneurs can begin accomplishing goals and enjoying the flexibility of owning a franchise with potential to help reach financial goals.
If you still believe you are a good match to own one of our franchise territories, follow the steps below:
Step 1 Contact us
We invite you to find out more about owning your own FedPayUSA, LLC payment processing franchise by filling out the Request Franchise Information form, or calling us at 888.808.8128.
During an initial phone consultation, we will discuss your territory interest(s) and market demographics. We will also talk about your expectations for owning and operating a FedPayUSA, LLC franchise and financial obligations.
If it’s decided we're a good match for each other, we will send you our Franchise Disclosure Document (FDD).
Step 2: Complete our Franchise Disclosure Document
The Franchise Disclosure Document (FDD) provides you with in-depth information about FedPayUSA, LLC franchises and franchisee ownership.
Franchise regulations require you have the FDD for a period of 14 calendar days prior to purchasing a franchise. We will continue to actively work with you in finalizing your territory selection(s).
Step 3: Complete our Franchise Agreement
The Franchise Agreement, which is a written contract between FedPayUSA, LLC and you, lists all obligations and responsibilities of both parties. You will receive a Franchise Agreement for each territory you are interested in owning.
The disclosure period for the Franchise Agreement is 7 calendar days, and it can run concurrently with your FDD disclosure period.
Step 4: Decision Time.
This is where is gets exciting. To officially become an owner of your own franchise, you simply need to sign and submit your Franchise Agreement, and send your payment to our corporate office. Once we receive the documents and payment, we will execute the contract and it’s complete!
Congratulations! You have taken a proactive step in taking control of your life and becoming a successful business owner.
Step: 5: Attend "Boot Camp" Training
We will provide travel, lodging and meal expenses during your start-up training. Our mandatory training course is required for the principal franchise owner. It is also beneficial to invite any key staff members that will be integral in helping you operate your territory. You will be responsible for their travel and lodging expenses during the training period. You will learn about each of our services, competitive advantages, operational issues, sales techniques, and marketing ideas and strategies.
Training is held at the FedPayUSA, LLC corporate office in Columbia, Missouri. After your initial training, we continue to provide assistance via phone, on-site visits, email, and our Web site. There isn't any additional expense for this valuable training and support.
Step 6: Begin Your New Life!
During the set-up of your new business, you will continue to have access to us for any additional questions. As soon as you return from training and your materials are assembled, you’re ready to start accomplishing your dreams!
