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How are payments collected?

Learn how We Lend It collects your payments and why this approach supports your business’s cash flow.

WeLendIt Support avatar
Written by WeLendIt Support
Updated over 6 months ago

At We Lend It, we collect repayments automatically through ACH (Automated Clearing House) transfers. Here’s how it works:

  • Payments are automatically deducted from your business bank account.

  • The payment amount is a percentage of your daily or weekly sales, depending on your agreement.

  • There’s no need to write checks or remember due dates—this keeps repayment smooth and consistent.

  • Our system automatically adjusts the payment amount based on your actual sales activity.

This approach ensures that payments are in sync with your cash flow, helping you stay on top of your obligations without unnecessary stress.

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