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Updated RecentlyUnited Financial Services Group vs Diamond Financial Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of United Financial Services Group vs Diamond Financial including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $202,000 - $261,000 | $21,825 - And Up |
| Franchise Fee | $30,000 | $15,000 |
| Royalty Fee | 0.2% | - |
| Advertising Fee | - | - |
| Year Founded | 1977 | - |
| Year Franchised | 1991 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | 25% of then current fee | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About United Financial Services Group
As one of the oldest franchisors of this model, United offers established operating procedures, proven products and services, solid training and support, a well-founded technology platform, a professional brand identity and marketing program, and the advantages that come from years of experience. With a franchise, you spend the majority of your time developing your business rather than figuring out how to operate it. Our turnkey system helps you develop the appropriate retail environment, master the operations, promote your business and stay up to date with the evolving environment.
United’s proven franchise system is an integrated program designed to make your entrance into the money service business easier than doing it on your own.
United Financial Services Group was founded in 1977 and began franchising in 1991. It has more than 80 locations throughout the United States and is based in Philadelphia.About Diamond Financial
Diamond Financial is the nation's #1 source for business loans and with over 50 years of combined experience and established relationships in this industry we can creatively structure and package your loan to allow the best possibility of financing. We are your direct source to the nation's largest and most aggressive SBA and conventional lenders. Financing solutions can be applied to business acquisitions, franchise purchasing or start-ups, building and leasehold improvements or expansions, equipment purchases, debt restructuring, working capital, franchise fees or the buying out of partners. Offering complete turnkey services from pre-qualifying loan applications, professionally packaging and presenting them, to securing commitments and providing ongoing assistance throughout loan closing. Our success rates are high, for we understand what our lenders require to insure proper review and considerations of the loans we submit. Our expertise and guidance has provided dividends to applicants, business brokers and franchisees alike, around the country. Put our reputation, expertise and loan volume to work for you and find out why Diamond Financial is the nation's Number One source for business loans.