Although many traditional term loans at the bank require a monthly periodic payment, some banks are requiring a more
frequent periodic payment schedule.
If your lender requires a more
frequent periodic payment, it's important to make sure your business has the appropriate cash flow to accommodate the payment schedule.
Although many traditional term loans at the bank require a monthly periodic payment, some banks are requiring a more
frequent periodic payment schedule.
Not exact matches
As ACH direct debits become a more popular way for both traditional lenders and online lenders to accept
periodic payments, it's important for business owners to understand what that entails, the opportunities it might provide in terms of additional loan options, and help them position their cash flow needs in such a way to accommodate the often more -
frequent - than monthly
payment terms.
The advent of daily and weekly
periodic payments is a departure from a more traditional monthly
payment schedule; nevertheless, many lenders (including online lenders) have adopted a more -
frequent - than - monthly
payment schedule.