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Updated RecentlyAmerican Lenders Service Company vs Nectar Mortgages Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of American Lenders Service Company 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 | $50,000 - $513,000 | $100,000 - And Up |
| Franchise Fee | $5,000 | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| 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 | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
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.
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