FastBucks vs Cash America Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of FastBucks vs Cash America including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
FastBucks Franchise
Cash America Franchise
Investment $125,000 - $150,000 $344,000 - $1,777,500
Franchise Fee $27,500 N/A
Royalty Fee 7% -
Advertising Fee - -
Year Founded 1998 1983
Year Franchised 2003 1997
Term Of Agreement 5 years -
Term Of Agreement 5 years -
Renewal Fee - -


Business Experience Requirements

 
FastBucks Franchise
Cash America Franchise
Experience - -

Financing Options

 
FastBucks Franchise
Cash America Franchise
  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

 
FastBucks Franchise
Cash America Franchise
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

 
FastBucks Franchise
Cash America Franchise
US Expansion Yes -
Canada Expansion No -
International Expansion Yes -

Start-Up Costs and Fees Mobile

Investment
FastBucks Franchise
$125,000 - $150,000
Cash America Franchise
$344,000 - $1,777,500
Franchise Fee
FastBucks Franchise
$27,500
Cash America Franchise
N/A
Royalty Fee
FastBucks Franchise
7%
Cash America Franchise
-
Advertising Fee
FastBucks Franchise
-
Cash America Franchise
-
Year Founded
FastBucks Franchise
1998
Cash America Franchise
1983
Year Franchised
FastBucks Franchise
2003
Cash America Franchise
1997
Term Of Agreement
FastBucks Franchise
5 years
Cash America Franchise
-
Renewal Fee
FastBucks Franchise
-
Cash America Franchise
-


Business Experience Requirements

Experience
FastBucks Franchise
-
Cash America Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
FastBucks Franchise
No/No
Cash America Franchise
-/-
Start-up Costs
FastBucks Franchise
Yes/No
Cash America Franchise
-/-
Equipment
FastBucks Franchise
Yes/No
Cash America Franchise
-/-
Inventory
FastBucks Franchise
Yes/No
Cash America Franchise
-/-
Receivables
FastBucks Franchise
Yes/No
Cash America Franchise
-/-
Payroll
FastBucks Franchise
Yes/No
Cash America Franchise
-/-

Training & Support

Training
FastBucks Franchise
-
Cash America Franchise
-
Support
FastBucks Franchise
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Cash America Franchise
-
Marketing
FastBucks Franchise
Co-op advertising, Ad slicks
Cash America Franchise
-
Operations
FastBucks Franchise
0% of all franchisees own more than one unit

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Cash America Franchise
-

Expansion Plans

US Expansion
FastBucks Franchise
Yes
Cash America Franchise
-
Canada Expansion
FastBucks Franchise
No
Cash America Franchise
-
International Expansion
FastBucks Franchise
Yes
Cash America Franchise
-

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 America

If you have a strong understanding of the financial and operational requirements of running a business and are interested in opening a franchise with a recognized brand name, you've come to the right place! Cash America offers franchising opportunities through its brand, Mr. Payroll. Why choose a Mr. Payroll franchise? With Mr. Payroll, you'll get: •Instant recognition —As part of the Cash America International, Inc. family of companies, Mr. Payroll is one of the most recognized names in the check-cashing industry. •An established, outstanding reputation—Mr. Payroll is well-known for its professional and courteous customer service. •An abundance of knowledge at your fingertips —Mr. Payroll knows how to create attractive and well-organized units. In addition, Mr. Payroll's Licensed System keeps you at the leading edge of technology and provides you with the information you need to get started. •Franchised site within an assigned territory •Proven business practices •Strategic management consultation from industry experts •License to utilize Mr. Payroll's trademarks, store decor, signs and images •Assistance with advertising/marketing campaigns and materials, as requested •Store design, construction services and fixture supply In addition, a Mr. Payroll check-cashing franchise may: •Increase the profile of your business •Free up your sales counter for more efficient operations. Get Started on your journey of discovery!