The short answer
- Daily payments are smaller and match businesses that take in money every day.
- Weekly payments are larger but come out less often, which suits businesses paid in bigger chunks.
- The best schedule is the one that matches when your money actually comes in.
Daily payments
A small amount comes out of the business account each business day. Because it is small, many owners barely notice it, especially in businesses that take cards every day, like restaurants, shops and salons.
The catch: on a slow day the payment still comes out. If your sales swing a lot from day to day, keep an eye on your balance.
Weekly payments
One larger payment comes out once a week. It is easier to plan around, and you see it coming.
It suits businesses that get paid by check or invoice, where money comes in a few times a week rather than every day, like contractors, trucking companies and distributors.
Every two weeks or monthly
Some offers can be set up with payments every two weeks or once a month. These are less common and depend on the business, but they are worth asking about if your income comes in large, regular payments.
How to pick
- Look at the last few months of your account. When does money land?
- Pick the schedule where payments come out right after money comes in, not right before.
- Think about your slowest month, not your best one.
- Tell your advisor what you prefer. It is part of shaping the offer, not an afterthought.
If your sales drop
Things change. If a slow stretch hits, call your advisor before a payment bounces, not after. Payments can often be worked out, and talking early gives you the most options. At Jade, you call a person who knows your file, not a phone tree.
