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7-Eleven® does provide financing for qualified applicants! However, financing from 7-Eleven® is not required. If 7-Eleven® provides financing for the franchisee:

• The amount financed by 7-Eleven® is secured by the inventory and sales receipts.
• A financing statement is filed.
• A security agreement is executed.
• The franchisees pay interest quarterly on the amount financed at the rate of 9% per year.
• Repayment is by leaving a portion of the franchisees' net worth increase in the business.

Financing by 7-Eleven®
A continuing arrangement that provides money necessary for the unpaid portion of franchisees' investment and provides money necessary for franchisees' day-to-day store operation, such as purchases and operating expenses. The franchisees have an open account with 7-Eleven®.

Franchisees agree to pay 7-Eleven® interest quarterly on the unpaid balance of the open account. The interest rate is only 9% per year, and prorated by the number of days in each accounting period.

Franchisees' Open Account

At the Start of Business
Debits	Credits
Inventory Supplies Inventory Cash Register Fund Licenses & Permits	Cash Investment (excluding franchise fee)
Continuing Activity
Debits	Credits
Purchases Franchisees' Draw Operating Expenses 7-Eleven Charge	Sales Receipts Discounts and Allowances Other Income

The difference (if any) is the amount financed by 7-Eleven®.

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