Tint World® Earns High Marks with 830 FUND™ Score from FRANdata
Leading automotive accessory franchise has access to thousands of lenders for franchisee financing
April 15, 2021 // Franchising.com // BOCA RATON, Fla. - Tint World® Automotive Styling Centers™ has been named a Verified Franchise Registry member by FRANdata, a leader in strategic analysis, forecasting and measuring of franchise performance.
As a verified member, Tint World® has access to FRANdata information offering insight into the franchise market and helping with future strategic planning. FUND™, the franchise credit scoring system, uses a proprietary model based on key performance indicators from a credit risk perspective. There are 13 credit risk categories of a franchise brand that are also evaluated, based on public information. Closely tied to the credit risk inherent in a franchise system, they are used to measure a franchise system’s credit worthiness. The FUND™ score, with its accompanying report, is the best predictor of the future performance of a franchise system that publicly available information can provide.
Tint World® has been a member of the Franchise Registry for 10 years, and currently holds a FUND™ Score of 830, putting them in the top tier of scores.
“At Tint World®, we love to see our franchise grow and prosper,” said Charles J. Bonfiglio, CEO and president of Tint World®. “Being a FRANdata member not only gives our franchisees access to thousands of lenders, but it helps guide their decision to partner with a brand that is healthy, successful and continuing to expand across the globe. This is another piece of our winning equation at Tint World®, ensuring our franchise continues to be at the top of the industry.”
FRANdata specializes in market research and consultation. By providing information and perspective, FRANdata studies industry dynamics and market climates to understand credit risks. FRANdata also helps educate franchisors on how to understand and improve their credit risk profile and FUND™ Score.
“Tint World® has been a strong supporter of FRANdata for 10 years,” said Sharon Dietrich, Director of Sales at FRANdata. “As verified members, they have shown lenders they are proactive and determined, helping franchisees get the financing they need to succeed. It also shows they understand the franchise lending process, and the importance of the FUND™ score.”
Tint World® Automotive Styling Centers™ offer sales and installation of auto accessories, mobile electronics, audio video equipment, security systems, custom wheels and tire packages, window tinting, vehicle wraps, paint protection films, detailing services, nano ceramic coatings, maintenance and repair services, and more.
SOURCE Tint World®
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