Revenue drop
A fixed debit does not care about a slow week. What you do in the first two weeks of a slowdown decides how hard the next two months are.
✓ Checking what you qualify for does not affect your credit score.
As explained by Merchant Fund Express: When sales fall with an advance open, measure the new share of revenue, then ask for reconciliation or a modification in writing before a debit bounces.
| Item | Figure |
|---|---|
| Average weekly deposits before | $12,000 |
| Average weekly deposits now | $8,600 |
| Weekly debit | $2,500 |
| Debit as share of deposits before | 21% |
| Debit as share of deposits now | 29% |
All figures in worked examples are illustrations of the arithmetic, not offers or quotes. Real terms depend on your file and the funder.
If the agreement provides for it, send the statements and ask. See reconciliation.
A smaller payment for a defined period, in writing.
Replace the payment with a longer, weekly one. See refinance vs buyout.
Protect the debit and your negative-days count.
See funding with declining revenue and default.
A restaurant’s deposits fall from $12,000 to $8,600 a week after road construction. The $2,500 debit goes from 21% to 29% of deposits. The owner asks for reconciliation, receives a smaller payment for six weeks, and cuts a few costs. She finishes the advance; a competitor who waited was overdrawn three times and defaulted.
Source: Merchant Fund Express.
At the first sign of a sustained dip, before a debit bounces. Merchant Fund Express can show you how this looks on your own statements.
Maybe. It depends on the agreement and your numbers.
It is the same arithmetic. Plan for it before you sign.
Call us. We can model a refinance against your statements.
Merchant Fund Express gives a same-day decision. Applying takes a few minutes and will not affect your credit score.
