Second Position Merchant Cash Advance in Goodyear, AZ
Second position merchant cash advances let a Goodyear business sell a second slice of future deposits while the first advance is still collecting. One application reaches the funders that do it.
A nationwide broker headquartered in Los Angeles. Free to apply, you never pay us a fee, and we call back, usually the same business day.
How is a second position merchant cash advance structured?
The second position is a separate contract behind the first. In the worked example it adds $327 a day on top of the first debit.
How do funders decide?
How much of $96,000 in monthly bank deposits remains once the first funder is paid, and whether the account has stayed positive since the first advance.
What room does the first advance leave?
Funders subtract the first debit from an average day's bank deposits. In the example, $424 already goes out every day before the second funder is paid.
Who is a second position merchant cash advance for in Goodyear?
Census counts show 1,772 employer businesses in Goodyear; the table gives the local count and density for each trade discussed below. That works out to 14.1 employer businesses per 1,000 residents; 54% of them have fewer than five on payroll.
| Trade | Businesses in Goodyear | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 150 | 12.0 | 15.4 |
| Beauty and nail salons | 42 | 3.4 | 3.4 |
| Trucking companies | 29 | 2.3 | 3.3 |
Why would restaurants pick a second position?
Food orders, payroll and kitchen repairs took the first advance; an outdoor seating area or new kitchen line can take the second. Census data lists 150 in the city.
What makes beauty and nail salons a fit?
When more chairs or a treatment room comes up before the payoff date, a salon can stack a second position. Goodyear counts 42 of them, 2.4% of local employers.
Is a second position right for trucking companies?
A trucking company that took a first advance for diesel, maintenance, insurance and driver wages doesn't have to wait to fund another truck or trailer. Census counts 29 in Goodyear; that's 2.3 per 10,000 people.
How do the numbers work out for a restaurant?
A restaurant with $96,000 in monthly deposits pays $424 a day on a first advance. A second of $29,000 at 1.42 adds $327 a day; together, $751.
| Sample case | Value |
|---|---|
| Monthly deposits (example) | $96,000 |
| First advance, daily debit | $424 |
| Second advance | $29,000 |
| Second advance factor rate | 1.42 |
| Second advance, daily debit | $327 |
| Combined daily debit | $751 |
| Debit as a share of daily deposits | 16% |
How can the price come down?
Steady deposits since the first advance funded and no missed debits bring the factor rate down. The stacked payment calculator lets you test other amounts.
Free to apply. You never pay us a fee. We call back, usually the same business day.
How big is Goodyear's share of Maricopa County?
Maricopa County counts 109,863 employer businesses, and 2% of them operate in Goodyear. The table compares the two by headcount band.
| Employees | Goodyear | Maricopa County |
|---|---|---|
| Under 5 | 960 | 61,849 |
| 5 to 9 | 275 | 17,146 |
| 10 to 19 | 209 | 13,233 |
| 20 to 49 | 179 | 10,633 |
What steps get a Goodyear file to second position funders?
- Apply in about five minutes and list the advance you already have.
- We call to agree the amount before the file goes out.
- You pick the offer whose combined withdrawal your bank deposits can carry, then sign.
When is a second position merchant cash advance the wrong choice?
If revenue swings, revenue-based financing after the first advance ends can fit better. Skip it when the first debit already takes a heavy share of deposits. Consolidating first, or waiting until the first advance is mostly paid back, leaves more room.
Which cities within 50 miles of Goodyear do we serve?
Avondale sits 5 miles from Goodyear. Tempe counts 7,071 employer companies, the most within 50 miles.
| City | Distance | Employers |
|---|---|---|
| Avondale, AZ | 5 miles | 1,071 |
| Buckeye, AZ | 20 miles | 599 |
| Glendale, AZ | 22 miles | 4,368 |
| Tempe, AZ | 27 miles | 7,071 |
Which questions about second position funding come up most?
Who gets paid first on a second position MCA?
The first funder. That order is why second positions are priced higher.
How big can a 2nd position MCA be?
Funders size it from the bank deposits left after the first withdrawal, so it's smaller than the first advance in most files.
Can a trucking company qualify for a second position merchant cash advance?
Yes. A trucking company qualifies the same way as any business: funding partners read deposits, balance history and open advances, then make quotes you can compare.
Want offers on a second advance for your Goodyear business?
Applying is free, and you never pay us a fee. Call 877-FUND-654 with any question. We call back, usually the same business day, and we talk with you before your file goes to any funder.