Interface Financial Corp. vs American Lenders Service Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Interface Financial Corp. vs American Lenders Service Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Interface Financial Corp. Franchise
American Lenders Service Company Franchise
Investment $86,800 - $137,800$50,000 - $513,000
Franchise Fee $34,500$5,000
Royalty Fee 8%-
Advertising Fee --
Year Founded 1971-
Year Franchised 1991-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Interface Financial Corp. Franchise
American Lenders Service Company Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Interface Financial Corp. Franchise
    American Lenders Service Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables Yes/No-/-
    Payroll No/No-/-

    Training & Support
     
    Interface Financial Corp. Franchise
    American Lenders Service Company Franchise
    Training Ongoing + On-The-Job Training: 16+ hours Classroom Training: 16 hours Additional Training: By phone/Skype -
    Support Newsletter Meetings/Conventions Toll Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform -
    Marketing Ad Templates Website development -
    Operations Franchise can be run from home.

    International franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Interface Financial Corp. Franchise
    American Lenders Service Company Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Interface Financial Corp.

    John T. Sheehy founded The Interface Financial Group in 1972 to help small businesses with their cash flow needs. The franchisees' mission is to provide short-term working capital for small businesses through invoice discounting (factoring). There is no minimum or maximum amount of financing. The company has a co-branding relationship with Ledgers Professional Bookkeeping.
     

    The Interface Financial Group harnesses the power of technology to provide working capital solutions for the largest corporate buyer, the smallest supplier, and everyone in between.


    For nearly fifty years we’ve provided billions of dollars in reliable and affordable funding.

    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.