Sentences with phrase «make daily repayment»

Some businesses may prefer to get a higher APR in exchange for a shorter term, and some companies may prefer to make daily repayment as opposed to monthly repayment.
Some businesses may prefer to get a higher APR in exchange for a shorter term, and some companies may prefer to make daily repayment as opposed to monthly repayment.

Not exact matches

This type of payment makes sense for lenders because it reduces the costs associated with processing a loan payment, and more frequent direct debits (daily or weekly) make it possible for the lender to identify any potential repayment issues early — giving them time to try to help borrowers catch up on any loan payments they may have missed and mitigate larger credit issues down the road.
The On Deck system also leverages the proliferation of various electronic payment networks to offer the first - of - its - kind daily direct debit automated servicing platform to make loan repayment easier for businesses and more reliable for lenders.
The repayment schedule is also hassle - free: you choose a fixed percentage of your daily PayPal sales for automatic repayment, meaning you don't have to worry about making a lump - sum payment each month.
Currency requires monthly repayment, making it a better option for businesses that can't afford the cash flow disruptions of weekly or daily payments.
Repayment is also automatic and hassle - free, as payments are made as a fixed percentage of your daily PayPal sales.
Depending on your business's cash flow cycle, this may be better than making the daily or weekly repayment that OnDeck requires.
If you take out a loan through Fundation, you will only have to make payments twice a month on the term loan, which is good news for businesses that can not afford the cash flow disruptions caused by daily or weekly repayment (daily and weekly payments are more common among online lenders).
QuarterSpot is not ideal for businesses that can not afford to make frequent repayments, as it requires businesses to repay on a daily or weekly schedule, which can impact the cash flow of a business.
Currency requires monthly repayment, making it a better option for businesses that can't afford the cash flow disruptions of weekly or daily payments.
Depending on your business's cash flow cycle, this may be better than making the daily or weekly repayment that OnDeck requires.
This type of payment makes sense for lenders because it reduces the costs associated with processing a loan payment, and more frequent direct debits (daily or weekly) make it possible for the lender to identify any potential repayment issues early — giving them time to try to help borrowers catch up on any loan payments they may have missed and mitigate larger credit issues down the road.
Repayment is also automatic and hassle - free, as payments are made as a fixed percentage of your daily PayPal sales.
Unlike many alternative lenders, Fundation doesn't require daily or weekly repayment — instead, you'll make payments twice a month.
Similar to a credit card, you only pay interest on the amount you draw and you have to make monthly, weekly or sometimes daily repayments.
If the thought of making daily or weekly repayment bothers you, we wouldn't recommend getting a loan from OnDeck.
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