do you qualify?

While there are several factors that are considered in determining financial qualification; primary are stability, net worth, liquid assets, credit standing and credit history.

Stability is first and foremost. While not absolutely required, examples of stability might include ownership of a primary residence, length of time in past employ or business ownership, etc.

Net Worth is defined as an expression of a person's total assets, less their total liabilities. The difference is their equity. Dreamline Wireless, LLC requires a minimum Net Worth of $300,000*

Liquid Assets are defined as Cash or other assets that are easily convertible into cash, such as bank deposits or money market fund shares, marketable securities, and accounts receivable.  Dreamline Wireless, LLC requires a franchisee to have $135,000* available (per location sought).

Credit standing is important but needn’t be exceptional.  Average credit (or better) is acceptable.  That said, it is important that there be a “depth” to your credit history.  Generally... a score of 700+ is acceptable. 

Credit history considers previously granted credit or loan amounts that are commensurate with those that may be applied for in the course of operating your business.  Typically, these amounts might be equivalent to the cost of your phone and accessory inventory for one to two months.

*Other factors that may impact start-up costs and consequently liquid asset requirements are; Location (rents), Location management requirements (deposits, etc.), Storefront vs. Kiosk vs. Cart design, initial promotional budgets, etc.