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Updated RecentlyFastBucks vs Cash-X Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of FastBucks vs Cash-X including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $125,000 - $150,000 | $50,000 |
| Franchise Fee | $27,500 | $25,000 - $50,000 |
| Royalty Fee | 7% | - |
| Advertising Fee | - | - |
| Year Founded | 1998 | 2001 |
| Year Franchised | 2003 | 2001 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal 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 | Yes/No | -/- |
| Equipment | Yes/No | -/- |
| Inventory | Yes/No | -/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks | - |
| Operations |
0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About FastBucks
FastBucks is one of the best-known providers of short-term loans and corresponding financial services. Friendly, customer service is at the core of what we do. We know we are here to serve our customers, and without them we wouldn't be in business. In 1997, we opened our first store in Dallas, TX. FastBucks was founded by a young entrepreneur who saw a need in his neighborhood for access to quick cash that would be repaid quickly. Because of his determination to help his neighbors and his strong entrepreneurial spirit (which is very much alive throughout the company today), FastBucks is truly an American success story. Our employees have the opportunity to own a portion of the store they work in, so our customers always get the best service in the industry from someone who already owns, or is aspiring to own, a piece of our company.
About Cash-X
Cash-X is a rapidly growing payday loan and cheque cashing franchise offering unique systems and technological advantages in the marketplace. Cash-X is the leader in E-lending, utilizing low overhead methods of distribution and robust technology to gain strategic advantages.