Quote Originally Posted by Big Mack View Post
Wouldn't a weekly offer be based upon daily balances?
It would, but its tough to justify a weekly payment when the first 3 are daily and accompanied with a 100-120 day term. (if they are highrisk funders)

Its easier for me to get a weekly payment from my funder when the first 3 daily positions are OnDeck, Swift and Knight for Example. All of those positions will have low factor rates, really long terms and are just overall REALLY good deals for the merchant that wont have a huge effect on my weekly debit.

Imagine 3 daily debits of $300-$400 compared to 3 daily's of $1,500-$2,500. The higher the daily, the less chance you have of collecting your weekly debit. But if they are low, you shouldn't have any issues.