Can I choose weekly or monthly repayments?

2 min read

Weekly to monthlyFrequency options

Revenue-linked tooRepay as you earn

Match your incomeEase the cash strain

Ask what's offeredVaries by product

What frequencies are available

Traditional term loans usually collect monthly. Short-term and revenue-based products often offer more frequent collection — weekly or even daily — and some, like merchant cash advances, take a percentage of your card takings so repayments rise and fall with sales. The right frequency is the one that matches when money actually comes into your business.

Why frequency matters for cash flow

A business that takes daily card sales may find small, frequent repayments easier to absorb than one large monthly hit. A business paid in lumpy monthly invoices may prefer a single monthly collection timed just after its customers pay. Revenue-linked repayments cushion quiet periods — you pay less when you earn less — which suits seasonal trades, though they can extend the effective term. See planning repayments around cash flow.

The cost angle

Frequency mostly affects manageability rather than headline cost, but there are wrinkles. More frequent repayment on a reducing-balance facility slightly lowers total interest, because the balance falls sooner. Revenue-linked products that stretch the term when sales dip can cost more overall. And watch for per-collection fees on frequent-payment products — see drawdown and collection fees.

Map your income to a repayment rhythm with the cash-flow forecasting how-to, then apply for a facility that fits.

Frequently asked questions

Is weekly repayment cheaper than monthly?

Marginally, on a reducing-balance loan — repaying more often means the balance falls sooner, so slightly less interest accrues. The difference is usually small. The bigger reason to choose weekly is cash-flow fit: for a business with steady weekly takings, frequent small payments can be far easier to service than one large monthly collection.

What are revenue-linked repayments?

They flex with your income — you repay an agreed percentage of your sales or card takings rather than a fixed sum. Busy weeks repay more, quiet weeks less. This suits seasonal or variable trades because it never demands a fixed payment during a lean spell. The trade-off is that the effective term, and sometimes the total cost, can stretch if sales are slow.