Centum vs American Lenders Service Company Franchise Comparison

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

 
Centum Franchise
American Lenders Service Company Franchise
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

 
Centum Franchise
American Lenders Service Company Franchise
Experience --

Financing Options

 
Centum Franchise
American Lenders Service Company Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Centum Franchise
American Lenders Service Company Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Centum Franchise
American Lenders Service Company Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Centum

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.

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.