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American Poolplayers Association franchise financing options

Compare costs, fees and where to get financing for a American Poolplayers Association.

Editor's choice: OnDeck business lines of credit

  • Business loan amounts up to $250k
  • Repayment terms up to 18 months
  • $100k in annual revenue required
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Overall costs for American Poolplayers Association run anywhere from $7,383 to $11,368. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your American Poolplayers Association franchise may result in higher or lower fees.

Equipment fees

Equipment fees total $3,690 for American Poolplayers Association. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Equipment, including computer software and hardware $2,597 to $4,782
Estimated total $2,597 to $4,782

Training fees

American Poolplayers Association initial training costs total $3,147, which comes in under the nationwide average of $9,788.
Training Cost
Training seminar expenses $1,434 to $2,334
Two days additional training during first year $813 to $1,713
Estimated total $2,247 to $4,047

Insurance costs

Initial insurance costs for American Poolplayers Association run $479. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
First year's insurance $478.79 to $478.79
Insurance premium If the franchisee opts to purchase insurance through the LSC Insurance Agency, Inc., APA will collect the franchiseeu2019s premium in one payment made annually. The amount will vary year to year.
Estimated total $479 to $479

Administrative fees

American Poolplayers Association administrative fees total up to $2,060 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Broadband internet access, monthly $60 to $60
Attorney and accountant fees $2,000 to $2,000
Audit If an audit reveals that the franchisee has understated amounts due to APA by more than 2%, the franchisee must pay the full amount owed plus interest at 1.5% per month, applicable late fees and the costs of the audit.
Costs and attorneys' fees Will vary under the circumstances.
Estimated total $2,060 to $2,060
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

The average cost to open one of the 200 biggest franchises in the US — $202,882 — is well over the estimated total initial costs for $9,375. Securing funds will likely be easier at lower amounts, just follow these steps:
  1. Review the financial requirements on the American Poolplayers Association franchising website.
  2. Compare banks, online lenders and business credit cards and determine which financing type best suits your needs.
  3. Once you settle on a financing type, compare lenders based on credit history requirements, amounts offered and interest rates.
  4. Gather all required documents and apply online or in person.

What types of financing is available?

Consider one of the following options for covering a portion of the costs to open a American Poolplayers Association.
  • Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
  • Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
  • Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
  • SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Also check if American Poolplayers Association franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $7,383. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
Biz2Credit business loans
$25,000
$6,000,000
6+ months in business; $100,000+ monthly revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.
OnDeck short-term loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
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How American Poolplayers Association stacks up

Compare how American Poolplayers Association holds up against two similarly sized franchises.
Marble Slab Creamery American Poolplayers Association Real Property Management
Average Franchise fees $20,000 NA $55,000
Average Equipment fees $139,750 $3,690 $22,100
Average Real estate fees $160,975 NA $2,750
Average Training fees NA $3,147 $1,500
Average Inventory fees $17,385 NA NA
Average Marketing fees $5,000 NA $5,000
Average Licenses and permits fees $2,000 NA $750
Average Insurance fees $3,000 $479 $3,750
Average Admin fees NA $2,060 $4,099
Average Personnel fees NA NA NA
Average Other fees $11,500 NA $35,000

Bottom line

American Poolplayers Association franchise costs run a total of $9,375. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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