How repayment works
Repayment terms explain how often you pay, where payments come from, and how long you pay. These details matter as much as the rate. They affect how much cash your business has each week.
What repayment means
Some funding has fixed monthly payments. Other types take a small amount from your bank account daily or weekly through ACH transfers. Revenue-based financing takes a share of incoming sales. Invoice financing is paid back as your customers pay. Each schedule affects the cash you have for business costs.
A low rate may not make funding a good fit. The payment schedule must also match when your business gets paid. Before you commit, we help you check whether your cash can cover payments, even during slower periods.
How repayment affects your funding
- How often you pay: daily, weekly, monthly, or when a set event happens
- Where payments come from: your business account, an account set up to collect customer payments, or payments on customer bills
- How long you repay, the rules for paying early, and how to renew
- How a slow month affects what you must pay
Questions to ask a funding partner
- — Does this payment schedule match when my business gets paid?
- — What happens if I have a slow month or seasonal dip?
- — Is there a benefit to paying early, or a penalty?
Funding is subject to approval and not all applicants will qualify. Terms, structures, and availability are determined by the funding partner.
Other funding concepts
Structure
How funding works: what you get, what backs it, and the legal agreement behind it.
Learn moreUnderwriting
What the funding partner checks: income, time in business, credit, property to back the funding, and your customers' ability to pay.
Learn moreVariants
The different forms of each type of funding, and why two partners may set them up very differently.
Learn moreTalk about your options with an advisor
We will explain how funding works, how payments work, and what partners review. No obligation.