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Below is an in-depth analysis and side-by-side comparison of American Lenders Service Company vs Global Financial Training Program including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 - $513,000 | $19,950 |
Franchise Fee | $5,000 | N/A |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | - | 2001 |
Year Franchised | - | 2001 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | As the premiere program in the finance industry we will teach you everything you need to know to hit the ground running. We will show you how to get your phones ringing the first day you get back. We will provide you with leads to businesses that need money now. Global has been training people to enter this field longer than anyone else. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.