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 A market average assembled from lenders who do not publish prices is a guess with a decimal point on it.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.

What a Daily Debit Really Costs You Each Month

What does a daily debit actually take out of my month?

Multiply by banking days, not by 30. The answer changes month to month, and so does your ability to pay it.

By Find Me Funders research desk Updated 14 September 2026 1028 words 5 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.

How much does a daily debit take out of my business each month?

Multiply the debit by the number of banking days in that month, not by 30 and not by 22 every time. Illustrative only — a $495 daily debit costs $9,405 in a 19-day month and $11,385 in a 23-day month, a swing of $1,980 that arrives without notice. Across a year of 252 banking days the same debit removes $124,740, which is the figure to compare against annual free cash flow rather than against revenue.

The multiplication

Debit x banking days in the month. Banking days exclude weekends and holidays, and they are not the same number every month.

Illustrative only — a $495 daily debit.

A 19-day month: $9,405.
A 21-day month: $10,395.
A 23-day month: $11,385.

That is a $1,980 swing between the lightest and heaviest month, on a payment nobody described as variable.

Per week it is $2,475. Across a year of 252 banking days it is $124,740.

Why the month-length problem catches people

Rent, payroll, insurance and loan payments are monthly. The debit is not. A business that budgets $10,395 because that is what last month cost will be $990 short in a 23-day month, and short again in the next one that happens to have 23.

Look at a calendar and count the banking days in each of your next four months before you sign. Then budget the heaviest month, not the average.

The comparison that matters

Not debit against revenue. Debit against free cash.

If monthly deposits are $78,000, a $495 debit at 21 banking days is $10,395, or 13.3% of deposits. That sounds manageable and tells you almost nothing, because deposits are not yours to spend. Run the same figure against what is left after cost of sales, fixed costs, existing debt service and your own draw. If that is $9,000 a month, a $10,395 debit is 116% of it and the business is funding the difference out of payables.

The full version of that arithmetic is in the daily debit as a share of your daily deposits.

Why the weekly shortcut overstates, and the monthly one understates

Two rules of thumb circulate and both are wrong in different directions.

Multiplying the daily debit by five and then by 52 weeks assumes 260 debit days in a year. Illustrative only — at $495 that gives $128,700. The real figure at 252 banking days is $124,740, so the weekly shortcut overstates by $3,960 a year. Harmless as a planning cushion, misleading as a comparison between two offers.

Multiplying by 30, as if the debit were calendar-daily, gives $14,850 a month — 143% of what a 21-banking-day month actually costs. That one is not a cushion, it is a different number entirely, and it is how people conclude that a debit is unaffordable when it is not, or that two offers are further apart than they are.

Count the days. It takes a calendar and two minutes, and it is the only version that is right.

The quarter, which is where the swing compounds

Illustrative only —a quarter of 19, 21 and 23 banking days costs $31,185 at $495 a day. A quarter of 22, 22 and 21 costs $32,175. Same debit, same business, $990 apart in a single quarter with no change in anything you control.

If you run a rolling thirteen-week cash forecast — and on a daily-debit product you should — build it on counted banking days rather than on a monthly figure divided by weeks. The forecast that fails is nearly always the one that assumed an average month.

Three things to check in the contract

Is the debit fixed or a percentage?A percentage moves with your deposits. A fixed amount does not, whatever happens to sales.

What happens on a holiday or a failed debit?Some agreements catch up by doubling the next debit. That turns a quiet cash problem into a loud one.

What triggers a reconciliation, and does it cost anything?A right to adjust the remittance is only useful if you can exercise it quickly and without a fee.

The figure to write on the wall

The monthly cost in your heaviest month, and the number of banking days you assumed. The calculators will turn a daily debit into monthly and annual figures, but the calendar count is the part that has to be right, and it is the part that changes.

The catch-up clause, and what a failed debit really costs

A missed debit is rarely just a missed debit. Read for the mechanism your agreement uses, because there are three and they behave very differently.

Re-presentment.The debit is retried, often the next banking day and sometimes more than once. Each attempt can carry a bank NSF charge and a funder's returned-payment fee, so one short morning can produce three charges.

Doubling.The next debit is taken at twice the amount to catch up. Illustrative only — $990 instead of $495, landing on a day you had budgeted $495 for, in a week that was already short. This is the mechanism that turns a one-day timing problem into a two-week cash problem.

Accrual to the end.The missed amount is added to the tail. The least damaging in the short run, and the one that quietly extends the term.

Separately, and more seriously: a stated number of returned items within a period is an event of default in most of these agreements, independent of whether you eventually paid. Find that number in your contract and treat it as a hard limit rather than a guideline.

The percentage version is a different product

If the debit is a share of receipts rather than a fixed sum, the month-length problem largely disappears and a new one takes its place.

Illustrative only —at 12% of $78,000 of monthly deposits, the month costs $9,360 regardless of how many banking days it contained — roughly $445.71 a banking day across 21 days. The obligation flexes with the business, which is the whole appeal.

What flexes with it is the duration. A slow quarter does not reduce what you owe; it extends how long you owe it, and the annualised cost falls while the total stays fixed. So on a percentage product the number to watch is not the monthly cost but the expected end date, and the question to ask is what deposit assumption produced it.

The trap is a product sold as a percentage and documented as a fixed debit with a discretionary reconciliation right. Check which one you have in the contract, not in the pitch.