Blue Collar Financial Group vs American Lenders Service Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Blue Collar Financial Group vs American Lenders Service Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Blue Collar Financial Group Franchise
American Lenders Service Company Franchise
Investment $110,000$50,000 - $513,000
Franchise Fee $50,000$5,000
Royalty Fee Varies-
Advertising Fee --
Year Founded 1995-
Year Franchised 2005-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Blue Collar Financial Group Franchise
American Lenders Service Company Franchise
Experience --

Financing Options

 
Blue Collar Financial Group Franchise
American Lenders Service Company Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Blue Collar Financial Group Franchise
American Lenders Service Company Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Blue Collar Financial Group Franchise
American Lenders Service Company Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Blue Collar Financial Group

NO LONGER FRANCHISING

Status: Dissolved

About American Lenders Service Company

American Lenders Service Company is the leading provider of collateral recovery services. We are capable of servicing and skip-tracing a lender’s loan account in  default regardless of the whereabouts of the collateral. We also deal with repossession, investigations, and remarketing. To qualify for a franchise you need a minimum net worth of $50,000 and at least grade 12 education. You must also have no criminal record and a clean driving record. You also need to have money management and business skills, good communication skills, a basic knowledge of the automotive industry and mechanical equipment.