Effectively managing your MCA repayments ensures smooth financial operations and keeps your business on track. Below, we answer key questions about repayment schedules, minimum payment requirements, and what happens in different repayment scenarios.
What happens if my sales don’t cover my minimum payment?
If your sales for a given period fall below the minimum monthly collections requirement, SAPI will automatically deduct the remaining amount from your linked bank account or your Merchant Operations Account via Direct Debit. This ensures that your repayment obligations remain on track as per the agreement.
What if I only make the minimum payment?
Making the minimum monthly collection ensures your account remains in good standing. However, it may extend the time required to fully settle your Merchant Cash Advance. Any remaining balance must be cleared by the MCA maturity date.
At that point, SAPI will automatically deduct the outstanding balance from your linked bank account or Merchant Operations Account, to settle the MCA in full, in line with the agreement terms.
What happens if my loan matures, but I still have an outstanding balance?
If your MCA reaches its maximum expected collection period with an outstanding balance, the remaining amount will be automatically deducted from your linked bank account or Merchant Operations Account to settle the total outstanding amount.
This aligns with the agreed repayment structure to ensure that the Total Settlement Amount is fully paid.
Can I change the repayment rate?
No, the repayment rate—calculated as a percentage of your daily sales—remains fixed throughout the repayment period. This structure is designed to align with your business’s revenue flow and maintain a predictable payment schedule.
If you anticipate changes in your business performance, we encourage you to contact our team early to discuss potential solutions.
What happens if I make a payment on the same day my minimum payment is due?
If you make a manual payment on the same day that SAPI is scheduled to collect your minimum monthly collection, the payments will be applied as follows:
Any overdue balance will be covered first.
The manual payment will then reduce the remaining Total Settlement Amount accordingly.
This ensures that all payments are efficiently applied to your outstanding balance.
Our Commitment to You
At SAPI, we are committed to transparent and responsible financing. Whether you're managing repayments or facing unexpected financial challenges, our team is ready to assist.
If you need support with your MCA repayment structure, contact us—we’re here to help.