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Updated RecentlyUnited Financial Services Group vs Nectar Mortgages Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of United Financial Services Group vs Nectar Mortgages 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 | $100,000 - And Up |
| Franchise Fee | $30,000 | N/A |
| 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 | - |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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 Nectar Mortgages
We want to be the #1 mortgage brokering business in Australia as judged by our most valued critics - our customers!
Our focus on delivering world-class customer service directs everything we do at Nectar, and since launching in 2013, we’re proud to have helped thousands of satisfied customers across Australia achieve fantastic financial outcomes.
Nectar exists because we believe that there's a better way of doing mortgage brokering. Most mortgage brokers are part of a group, but they tend to think and act independently. This means the actual experience you'll have from broker to broker varies enormously, even if they present you with the same options. At Nectar we believe that customers should not only get the right loan for them, but have a consistently great experience regardless of the broker. We call this 'The Nectar way'. With a Nectar broker working for you, you can expect: *Great service and support every step of the way - not just during the application process, but as long as you have a mortgage *A streamlined approach to the application process *Help completing the required documentation *All this - at no cost for our services