Weekly/Monthly Payments
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  1. #1

    Weekly/Monthly Payments

    I have a merchant who doesn't want daily payments. I've had this problem come up a few times since I started in this business. Are there any funders out there who offer weekly or monthly payments?

  2. #2
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    I think ARF does weekly payments?

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Funding24/7 View Post
    I have a merchant who doesn't want daily payments. I've had this problem come up a few times since I started in this business. Are there any funders out there who offer weekly or monthly payments?
    Several. Or you can go with the companies that do % of the deposits in the bank as well

  4. #4
    Chambo- Who are the main ones you'd recommend?

    Also- how does the % of deposits work?

  5. #5

    Weekly/Monthly Payments

    afs will do a weekly ach also strategic funding aswell.I have several clients who I got weekly achs for

  6. #6
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    You can send the deal to Quickbridge
    Peter Brown
    Director of Business Development
    OQUITY Funding

    520 8th Avenue – 10th Floor
    New York, N.Y. 10018
    o 516-323-8401
    c 516-448-6465

    email: peter@oquity.com
    website: www.oquity.com

  7. #7
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    While here at Superior Capital we specialize in high risk deals, I discovered a new funding co out there that will collect on a weekly basis in most cases. Contact me for more information.
    Robert W. Gaskin
    Partner: Superior Capital
    Your Alternative in High Risk Funding
    Atlanta, GA
    866-606-4545
    bgaskin@superiorcapitalfund.com

  8. #8
    Senior Member Reputation points: 3217 CO1's Avatar
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    Doesnt SFS do weekly an also I heard that OnDeck will roll out with weekly as well in the new year. .

  9. #9
    Senior Member Reputation points: 3217 CO1's Avatar
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    Yellowstone, MCC are 2 that does it from deposits from the top of my head. An what that means is they take a certain percentage from each of your deposits so what that means is $1000 deposited to business account a certain designated percentage say in this case 10% so from a 1G is $100.00 dollars so they pay it off that way.

  10. #10
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    Quote Originally Posted by CO1 View Post
    Yellowstone, MCC are 2 that does it from deposits from the top of my head. An what that means is they take a certain percentage from each of your deposits so what that means is $1000 deposited to business account a certain designated percentage say in this case 10% so from a 1G is $100.00 dollars so they pay it off that way.
    It's called an adjustable ACH deal.

  11. #11
    Member Reputation points: 97 Worldwide Capital's Avatar
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    BFS does weekly, If daily average is high than OND will do weekly for deals over 9 months, ARF

  12. #12
    Member Reputation points: 97 Worldwide Capital's Avatar
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    BFS, OND for deals over 10 months and decent average, ARF, not sure about SFS.

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  14. #14
    Member Reputation points: 10 pmoney's Avatar
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    WBL can do weekly up to 36 months.
    Paul Marzolla
    CEO @ GreenBridge Loans

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    Email: paul@greenbridgeloans.com

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    GreenBridge Loans
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    www.greenbridgeloans.com

  15. #15
    1st Merchant Funding does weekly ACH deals as well!

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