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 $27,500N/A
Royalty Fee 7%-
Advertising Fee --
Year Founded 19981983
Year Franchised 20031997
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 PartyIn-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)

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

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!