|
Below is an in-depth analysis and side-by-side comparison of Centum vs American Lenders Service Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $100,000 | $50,000 - $513,000 |
Franchise Fee | N/A | $5,000 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 2002 | - |
Year Franchised | 2002 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Centum Financial Group Inc. is a federally incorporated company that is part of a global network of franchise organizations that includes financial services, real estate, travel services and hotel accommodations. Launched in October 2002, the CENTUM network has rapidly grown to include over 175 member locations that employ over 1200 mortgage agents across Canada.
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.