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Funding glossary

Weekly Remittance

A predictable weekly amount, sized to a percentage of your sales and pulled by ACH toward your total payback — steadier than a daily card holdback.

A weekly remittance is a planned amount debited from your business account once a week toward the total payback on an advance, sized to a percentage of your expected sales when the offer is built. It is the repayment cadence Quickie uses, and the main practical difference from a classic holdback is predictability: the planned number is steady week to week, so you can plan payroll and vendors around it.

Predictable does not mean effortless. Because the pull does not float day to day, a slow week does not automatically shrink it the way a card holdback would — though funders like Quickie offer a payment review (reconciliation) that trues the remittance to your actual sales. The golden rule is still to model the remittance against a soft week, not your best week — if three quiet weeks in a row still leave room for rent, payroll, and the remittance, the structure fits.

Time the debit for after your strongest deposits when you can, keep a buffer to avoid an NSF, and confirm the exact weekly amount and the total payback in writing. A remittance you sized honestly is also what sets up a clean renewal later.

Frequently asked

How is a weekly remittance different from a holdback?

A weekly remittance is a fixed amount debited once a week regardless of daily sales. A holdback is a percentage of daily card sales, so it changes day to day with volume.

Is the weekly remittance amount fixed?

For fixed-remittance products, yes — it is set at signing and pulled on a schedule. Confirm the exact amount, the debit day, and the total payback before you sign.

What if I have a slow week?

A fixed remittance does not shrink automatically, so you should size it against a conservative slow week. Keep a buffer ahead of the debit to avoid an NSF.

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