#228
At a Glance
Products & Services: Invoice discounting
Number of Locations: 196
Total Investment: $88.3K - 139.3K
Founded: 1972
Began Franchising: 1990
Private Owned
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.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 141 | 16 | 39 | 0 |
| 2010 | 138 | 14 | 24 | 0 |
| 2009 | 129 | 24 | 13 | 0 |
| 2008 | 127 | 24 | 13 | 2 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Asia, Australia/New Zealand, Canada, Central America, Mexico, South America, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $88,300 - $139,300
Franchise Fee: $36,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $36,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $75,000
Operations
Franchise can be run from home. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: 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