Repayment
The same total can be collected three different ways. The collection method changes the month more than the total does.
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Match the cycle to the way your money arrives. A business paid daily by card suits a daily or percentage cycle. A business that invoices monthly may find a weekly debit leaves the account thin in the weeks before payment. If you can, ask for a cycle that follows your deposit rhythm, since the same payback can be much easier to carry.
Think about payroll too. A weekly debit that lands the day before payroll will make a mid-month dip worse.
Write down your slowest week from the last year and run the payment against it. If the balance stays positive with a buffer, the cycle is safe. If not, either a smaller advance, a longer term or a percentage structure is worth discussing. The point is to find out on paper, not in the account.
Failed or reversed debits usually carry fees and can put the agreement in default. If a slow week is coming, speak to the funder before the debit date.
A revenue percentage eases the most in a slow month. A fixed daily debit is the most predictable for budgeting.
Only by amendment or by refinancing into a new structure.
Educational information only. It is not legal, tax or accounting advice.
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