Can I Pay an MCA Weekly Instead of Daily?
Often, yes. Many funders offer weekly payments, especially for businesses with uneven daily sales. The weekly payment is usually about five daily payments added together, so the total cost doesn't change. What changes is timing: one bigger debit a week instead of a small one every business day. Ask for weekly before you sign, since switching later is up to the funder.
What does this look like with real numbers?
| Daily | Weekly | |
|---|---|---|
| Payment | $300 each business day | $1,500 once a week |
| Debits a month | About 21 | About 4 or 5 |
| Total cost | Same | Same |
| Watch for | Many small debits | One debit the account must cover |
Weekly fits businesses paid in lumps, like contractors or medical offices waiting on insurers. Daily can fit a restaurant whose sales arrive every day.
Which day does the weekly payment come out?
Pick a weekly debit day after your biggest deposits usually land. If insurers pay you on Thursdays, a Monday debit catches the account right at its lowest point of the whole week.
What if the debit lands before your best sales day?
Ask for a debit day that comes after your strongest deposits. A shop with a big weekend does better with a Tuesday debit than a Friday one. The day gets set at funding, so ask for it before you sign.
Is a weekly payment cheaper than daily?
Usually not. The total payback stays the same, and some funders price weekly deals a little higher because they wait longer for each payment. The benefit is timing: one debit a week can land after your biggest deposit day, which helps if daily debits keep hitting a low balance. Compare both schedules with the APR calculator. A weekly schedule with the same payback shows a slightly lower APR, since money leaves you later.
What should you ask the funder?
- Do you offer weekly payments on this offer?
- What day would the debit run?
- Does the factor change with weekly?
- Can I switch later?
Where can you check your own numbers?
The short version is in the Repayment FAQ. To check the numbers on your own advance, use the MCA payment calculator.
Want a second look at your advance?
Call 877-FUND-654 with any question. We call you back, usually the same business day, and we always talk with you before we shop your file.