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Is there a minimum payment?

  • Updated

At SAPI Loans, we're committed to helping you make consistent progress towards repaying your loan in a way that works for you. We want to make sure that you're aware of your repayment requirements, which include making a minimum payment of at least 1/18th of your initial loan balance every 60 days.

Many of our merchants find that their regular processing volume covers this minimum payment, making it an easy and hassle-free way to stay on top of their repayment schedule. However, we do want to emphasize that making only the minimum payment may not be the best strategy for every business. If you do choose to make only the minimum payment, please note that you will only pay down half the total owed balance of your loan, and you will owe the remaining balance upon the maturity date of your loan, which may be debited for that amount. 

Our goal is to help you succeed and achieve your business goals, and we're always here to answer any questions you may have about your loan or repayment options. Don't hesitate to reach out to our customer service team for support and guidance along the way.

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