Which funding products does this apply to?

Merchant Cash Advance, Working Capital, Revenue-Based Financing. Each has its own page listing the funders in this directory that offer it and what each one publishes about its terms.

Are the figures here quotes?

No. Every worked example is labelled illustrative and exists to show the arithmetic. What a particular lender charges is on that lender's page, where it publishes it at all.

The Find Me Funders research desk. Some drafting is AI-assisted, and every page that is says so at the top, including whether a person has checked its claims yet.

How do I know a figure here is right?

Where a page carries the green notice, its claims were checked against the sources listed at the end and a reviewer is named. Where it carries the amber one, nobody has verified it yet and you should confirm anything you plan to act on.

Are the examples real deals?

No. Every worked example is labelled illustrative and exists to show the arithmetic. What any particular lender charges is on that lender's page, where it publishes it.

Why do you never say what a typical rate is?

Because we cannot source it. A market average assembled from lenders who do not publish prices is a guess with a decimal point on it. Where a lender publishes a figure, we show that figure and say where it came from.

Is this financial or legal advice?

No. It is general information about how these products work. Outcomes depend on your contract and your state, and a lawyer or accountant licensed where you are is the person to ask about your situation.

Can I reuse this content?

Quote a paragraph with a link back. Do not republish whole articles.

Timing a refinance around the daily remittance cycle

Timing a refinance around the remittance cycle

Debits already in flight do not stop because a payoff letter exists, and the day of the week you fund decides how many of them clear.

By Find Me Funders research desk Updated 14 September 2026 995 words 4 min read

Drafted with AI assistance. Not yet independently checked. Nobody has verified the claims on this page against a source, so treat the figures and legal points as a starting point rather than as settled, and confirm anything you are about to act on. How we check things.

Pick the funding day before you pick anything else. On a product that debits every business day, the difference between wiring on a Tuesday and wiring on a Friday is several hundred to several thousand dollars, and the money moves in the wrong direction.

Why debits keep clearing after the quote

A payoff quote is built on a date. The ACH entries that will settle over the next two business days were originated before that date and are already in the banking system. Nobody at the funder pulls them back, and in many cases nobody there can.

So the sequence is: quote built Monday, entries for Tuesday and Wednesday already originated, your wire lands Wednesday morning. Two debits clear anyway. You have now paid the quote plus two remittances.

Illustrative only —an advance remitting $700 per business day. Quote of $50,400 built Monday and good through Friday. Wire sent Wednesday, lands Wednesday. Tuesday and Wednesday debits both clear: $1,400. Your total outlay is $51,800 against an obligation of $50,400, and you are owed a $1,400 refund from a company that no longer has a commercial reason to move quickly.

If you funded Friday instead, four debits clear during the same quote window: $2,800.

The five questions that set the date

What is the debit frequency and on which days? Daily-business-day, weekly on a fixed weekday, or a percentage holdback that moves with settlement volume. Each behaves differently.
When is the last debit already originated? Ask directly: "What is the last entry you have already sent to the bank, and for what date?" Most servicers will answer.
What is the funder's wire cut-off time for same-day application? A wire that lands at 3:40pm may be applied the following business day, which adds a debit.
Is the quote good through a date or through a time? These are different, and the difference is one remittance.
Are there banking holidays in the window? A holiday does not pause the quote's per-diem accrual in most letters, but it does delay the wire.

The answers usually point to the same conclusion: fund early in the week, on a day at least two business days after the last originated entry, with the quote good through the end of that week.

Percentage holdbacks move the problem

Where repayment is a specified percentage of card settlements or deposits rather than a fixed daily amount, the in-flight problem is smaller but the reconciliation problem is larger.

Illustrative only —monthly revenue of $180,000, a 12% holdback. That is $1,800 a month, roughly $83 per business day. Two days in flight is $166, not $1,400. But the settlement batches for the two days before your wire may not post for another 24 to 72 hours, and the funder will hold the quote open until they do. Ask whether the quote is final or subject to trailing settlement, and ask for the figure as "final, no trailing adjustments" in writing.

If the agreement has a reconciliation clause, there may also be an open true-up in either direction. Settle it before the payoff, not after, because after the payoff you have no leverage and they have no urgency.

Getting the overpayment back before it happens

Three mechanisms, in order of reliability.

Stop the debits at your bank, correctly and in writing, on a date you have agreed with the funder.Revoking an ACH authorization unilaterally while the obligation is live is usually a contractual breach and in many agreements an event of default, so this is only safe as an agreed step with the funder's written confirmation of the last debit date. Get that confirmation in the payoff letter itself.

Have the incoming funder wire the exact quote figure directly, and hold back your own funds for the overlap.If two debits are going to clear regardless, budget for them rather than pretending they will not.

Ask for the quote to be stated net of entries in flight.Some servicers will issue a figure that already assumes the next two debits clear. That is the cleanest version: you wire less, the debits clear, and the account lands at zero without a refund.

The one-week plan

Day 1 (Monday). Request the payoff letter, good through the following Monday. Ask for the last-originated-entry date, the wire cut-off, and whether the figure is final.
Day 2. Reconcile the figure against your own debit count from bank statements. Raise any disagreement in one email.
Day 3. Confirm the revised figure. Confirm with the incoming funder that their wire will be sent on Day 6 and that the payoff is a direct disbursement, not a transfer to you.
Day 4. Get written confirmation from the outgoing funder of the last debit date and the commitment to file the UCC termination.
Day 6 (the following Monday, early). Wire goes. Two remaining debits, if any, are already budgeted.
Day 7 onwards. Confirm application, request the paid-in-full letter, and run a UCC search two weeks later to confirm the termination actually filed.

What to have ready

A count of cleared debits taken from bank statements, not a portal. The notice address from your agreement. The incoming funder's disbursement instructions in writing. A dollar figure you are prepared to overpay by, so that an in-flight debit does not become a reason to delay a closing that is otherwise ready.

And decide in advance what you will do if the outgoing funder's revised figure arrives on Day 5 instead of Day 3. Usually the right answer is to move the wire a week rather than fund against a stale number, because a short wire ends nothing.

How any of this plays out depends on your specific agreement, your bank's processing behaviour and the law of the state your contract selects. This describes the mechanics, not what you should do in your own situation, and it is not legal advice.