Why frequency exists at all
Short-term funders debit frequently because it reduces their exposure: small amounts taken continuously are collected before other creditors, and a problem shows up within days rather than at a month end.
It also matches how many of these businesses earn — a shop or a workshop takes money every day, so paying every day is not the imposition it would be for a firm invoicing monthly.
Which suits which business
Daily fits even, high-frequency revenue: retail, food service, auto repair, anything with tickets every day.
Weekly fits lumpy revenue — contractors on draws, hauliers on settlements, agencies on invoices. Any business whose money arrives in batches should ask for weekly, and most funders will agree.
Monthly is uncommon below eighteen-month terms. If it is offered, it usually signals a cheaper product with a higher qualification bar, which is worth pursuing.
The practical detail people miss
Daily normally means business days, so a debit does not run at weekends but the count of them still fills the term. Check how holidays are treated.
A returned debit typically carries a fee and, more importantly, is often a defined event of default. Frequency raises the number of chances to trip that.
Ask what happens if you close for a week. On a fixed schedule the debits usually continue regardless unless the agreement says otherwise.