Merchant Fund Express
(305) 384-8391Apply

Glossary

Remittance

A payment sent from the business to the funder to repay an advance.

✓ Checking what you qualify for does not affect your credit score.

What it means

As explained by Merchant Fund Express: A payment sent from the business to the funder to repay an advance.

Remittances can be daily or weekly, fixed or a share of receipts.

Why it matters when you apply

Look at how often and how much, as well as the total.

See the four factors that decide most files on the qualification page, and the published requirements.

Related terms

Daily Payments — Related term.
Weekly Payments — Related term.
Specified Percentage — In an MCA, the share of receivables used to calculate remittances.

Source: Merchant Fund Express. Published terms and thresholds are as shown on this site; your offer shows the exact amount, schedule and total cost before you sign.

Where this fits

Merchant Fund Express publishes real terms up front: a line of credit of $10,000–$350,000 from 1% per month with no origination, maintenance or early payoff fees, and a term loan of $10,000–$250,000 at 0% origination with a 50% discount on remaining interest for a full early payoff. See the products →

Common questions

What is remittance?

As explained by Merchant Fund Express: A payment sent from the business to the funder to repay an advance.

Where can I read more?

The glossary covers the main terms in funding. Each term links to related ones.

See what you qualify for

Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.

Apply Now →
Apply NowCall