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Updated RecentlyInterface Financial Corp. vs Motto Mortgage Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Interface Financial Corp. vs Motto Mortgage 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 | $52,800 - $73,800 |
| Franchise Fee | $34,500 | $25,000 - $26,500 |
| Royalty Fee | 8% | $4.5K/mo. |
| Advertising Fee | - | $300/mo. |
| Year Founded | 1971 | 2016 |
| Year Franchised | 1991 | 2016 |
| 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 | Yes/- |
| 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 | On-The-Job Training: Varies Classroom Training: 20 hours |
| Support | Newsletter Meetings/Conventions Toll Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates Website development | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| 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 | 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 Motto Mortgage
Motto Mortgage was established late October 2016, and sold 50 franchises
in its inaugural year. Motto Mortgage is a network of mortgage brokers
focused on helping consumers make sense of the home loan process. Motto
Mortgage loan originators work hand-in-hand with real estate agents,
providing a seamless customer experience from start to finish. With
access to a wholesale lending mix, Motto Mortgage network offices
provide more home loan options and competitive rates. The model not only
creates an ancillary business for current real estate brokerage firms,
but also offers opportunities for mortgage professionals seeking to open
their own businesses, or independent investors interested in financial
services.
The company has over 60 franchises open and operating in 28 states
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#147 in Franchise 500 for 2021.