Interface Financial Corp.
Invoice discountingBackground
Founded: 1971 Franchising since: 1991
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.
Franchisor is a privately-held company with 7 employee(s); 5 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Africa, Asia, Australia/new zealand, Canada, Central america, Mexico, South america, Western europe
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.
|
2182 Dupont Dr., #221 Irvine, California 92612-1320 |
Phone: (800)387-0860 |
Franchisor is a privately-held company with 7 employee(s); 5 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 129 | 24 | 13 | 0 |
| 2008 | 127 | 24 | 13 | 2 |
| 2007 | 107 | 24 | 13 | 0 |
| 2006 | 104 | 25 | 8 | 2 |
| 2005 | 93 | 49 | 3 | 2 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Africa, Asia, Australia/new zealand, Canada, Central america, Mexico, South america, Western europe
Costs and Fees
|
Total investment: $88.3K-139.3K Franchise fee: $36K |
Ongoing royalty fee: 8% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $75K
Business Experience:
- General business experience
Operations
- Franchise can be run from home
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 2 days
- At franchisee's location: 3-5 days
- Ongoing
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Internet
- Field operations/evaluations
Marketing Support
- Co-op advertising
- Ad slicks
- National media
Other marketing support
- Telemarketing
Rankings
Franchise 500® rank:
#344 (2009); #477 (2008); #340 (2007); #241 (2006); #195 (2005);
Ranked #1 in category in:
2006; 2005;
Top Home Based Franchises:
#99 (2009); #100 (2007); #63 (2006); #55 (2005);
America's Top Global Franchises:
#160 (2006); #128 (2005);
#344 (2009); #477 (2008); #340 (2007); #241 (2006); #195 (2005);
Ranked #1 in category in:
2006; 2005;
Top Home Based Franchises:
#99 (2009); #100 (2007); #63 (2006); #55 (2005);
America's Top Global Franchises:
#160 (2006); #128 (2005);