I have a Working Capitol Loan with a minimum repayment amount of $xxx every 90 days..my question is, with the 30% repayment percentage continuing to be deucted from each of my sales..does it stop at $xxx per 90 days, or does it continue to deduct 30% even after the minimum $xxx is paid for the 90day period
The 30% payments continue until whole thing is paid. However if you get to the 90 days and your sales have not covered the minimum then you have to manually pay the difference.
