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Funding glossary

Weekly Remittance

A fixed weekly payment pulled by ACH toward your total payback — more predictable than a daily card holdback.

A weekly remittance is a set amount debited from your business account once a week toward the total payback on an advance. It is the repayment cadence Quickie uses, and the main practical difference from a classic holdback is predictability: the number is the same every week, so you can plan payroll and vendors around it.

Predictable does not mean effortless. Because the amount is fixed, a slow week does not shrink the pull the way a card holdback would. That is why the golden rule is 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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