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Updated RecentlyInterface Financial Corp. vs Nectar Mortgages Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Interface Financial Corp. 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 | $86,800 - $137,800 | $100,000 - And Up |
| Franchise Fee | $34,500 | N/A |
| 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 |
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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/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | Yes/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Interface Financial Corp.
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 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