Many online lenders
require daily repayments, which are taken directly from your business checking account.
Some lenders also
required daily repayments, and will debit those directly from your bank account.
The working capital loan
requires daily repayment and the expansion loan requires weekly repayment.
Not exact matches
Many lenders, including online lenders,
require a fixed
repayment amount on a
daily or weekly basis (auto - debited from the business bank account), while others
require a traditional monthly payment.
Some online lenders
require daily or twice - monthly
repayments, so factor that into the equation if that's the case.
SnapCap
requires fixed
daily or weekly
repayment (depending on the quality of the borrower's file).
Like SnapCap, OnDeck
requires daily or weekly
repayment.
Currency
requires monthly
repayment, making it a better option for businesses that can't afford the cash flow disruptions of weekly or
daily payments.
Another thing you may not like about OnDeck is that the lender
requires daily or weekly
repayment, which can put a strain on your business's cash flow.
OnDeck
requires either
daily or weekly
repayment, which could disrupt your business» cash flow.
Depending on your business's cash flow cycle, this may be better than making the
daily or weekly
repayment that OnDeck
requires.
While MCAs carry high rates and
require daily or weekly
repayment, it's generally easy to qualify for funding.
Like SnapCap, OnDeck
requires daily or weekly
repayment.
SnapCap
requires fixed
daily or weekly
repayment (depending on the quality of the borrower's file).
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.
Like QuarterSpot, OnDeck
requires daily or weekly
repayments.
Does the loan
require daily, weekly or monthly
repayment?
Because PayPal doesn't
require repayment on days you don't have sales, it's a good option for businesses that otherwise couldn't afford
daily payments.
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.
OnDeck
requires weekly or
daily repayment, which some business owners prefer to large monthly payments.
Terms on the loans range from six to 24 months, with
daily or weekly
repayment required.
Some online lenders
require daily or twice - monthly
repayments, so factor that into the equation if that's the case.
Unlike many alternative lenders, Fundation doesn't
require daily or weekly
repayment — instead, you'll make payments twice a month.
OnDeck
requires either
daily or weekly
repayment, which could disrupt your business» cash flow.
OnDeck does
require daily or weekly
repayment, which — depending on your business — could be a good or bad thing.
Many online lenders
require daily or weekly
repayment on very short - term loans, which can be disruptive to a business's cash flow.
Some lenders will offer loans with shorter terms and
require daily or weekly
repayment, which can be disruptive to a business's working capital.
Like many online loans, these loans
require frequent
repayment —
daily or weekly — and have short terms, which doesn't allow your business much time to accrue cash for
repayment.