Home Credit score Joint Chiropractic Wins 2021 TOP $ SCORE FUND ™ Award for Commitment to Franchise Funding

Joint Chiropractic Wins 2021 TOP $ SCORE FUND ™ Award for Commitment to Franchise Funding

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The TOP $ CORE FUND award is given to a food brand and a non-food brand with a leading FUND score that consistently demonstrates a commitment to supporting franchisees’ access to finance. The FUND rating system is adopted by banks of all sizes which collectively represent over $ 1 trillion in assets. The award was created to showcase brands that have risen above their peers by simplifying the funding process, which equates to a lower cost of capital and better funding terms for their franchisees.

“Being recognized with the best score from FUND for our commitment to our franchisees is particularly gratifying. We pride ourselves on being a premier franchisor who is driven by the success of our franchisees every day, ”said Peter D. Holt, President and CEO of Joint chiropractic.

This award aims to recognize excellence in unit economics, franchisee-franchisor relationships and franchise support systems. The scoring system that lenders rely on to assess that in franchising is the FUND score, which is a franchise credit risk score that assesses 12 categories of credit risk such as franchise business success rates. , profitability of the franchise unit and support for franchisees. These franchise brands excel in each of these parameters, which allows lenders to do business with them. Even regulators have recognized the importance of FUND scores as a credit risk monitoring tool for banks.

“As this year’s TopScore FUND Award winner in the non-food category, Joint chiropractic illustrates the commitment to lender support and transparency. The brand outperforms its peers in the personal services industry with a consistent historic success rate despite a year of pandemic challenges. I congratulate them for their commitment to actions that improve access to capital, allowing their franchisees to receive the best conditions and reduce their franchise costs, ”said Darrell johnson, CEO of FRANdata.

Joint chiropractic is known for its convenient retail setting and concierge-style services, including walk-in, hassle-free insurance, affordable chiropractic care, and convenient hours of operation including evenings and weekends .

For more information on Joint chiropractic, or to find one of our chiropractors near you, visit thejoint.com.

About FRANdata
FRANdata is one of the leading franchise-focused research and consulting firms. Leveraging the largest verified database of franchise information and with over 30 years of franchise market analysis experience, FRANdata creates targeted business development strategies and actionable solutions that deliver give their customers the information they need to understand risks, measure opportunities and improve performance. FRANdata is the creator of the FUND (Franchise Credit Scoring) report that lenders with over $ 1 trillion in assets rely on to assess the credit risks of their franchise. For more information, visit www.frandata.com.

About joint chiropractic
The Joint Corp. revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, the company makes quality care convenient and affordable, while eliminating the need for insurance, to millions of patients seeking pain relief and continued well-being. With over 600 sites nationwide and over eight million patient visits per year, Joint chiropractic is a key leader in the chiropractic industry. Name it Franchise hours “Top 200+ franchises” and of the entrepreneur “Deductible 500®“lists, Joint chiropractic is an innovative force, where health meets retail.

Company structure
The Joint Corp. is a franchisor of clinics and operator of clinics in certain states. In Arkansas, California, Colorado, District of Colombia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, new York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, West Virginia and Wyoming, The Joint Corp. and its franchisees provide management services to affiliated professional chiropractic firms.

SOURCE The Joint Corp.

Related links

http://www.thejoint.com


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