Kacu
GLOSSARY

What is Daily Remittance?

DEFINITION

Daily remittance is a repayment structure in which a fixed amount or percentage is withdrawn from a business account every business day.

It is common with merchant cash advances. Multiple daily remittances can strain cash flow; consolidation can replace them with a single payment.

RELATED FUNDINGMerchant Cash AdvanceFast cash against future sales

Guides that explain it further