Second Position Merchant Cash Advance in Phoenix, AZ
A Phoenix business partway through an advance can raise more with a second position, priced on what its bank deposits can carry after the first withdrawal. We shop the file for you.
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What should a Phoenix owner know about how it works?
Two advances, two debits: the second funder's $33,500 in the example is collected alongside the first until each contract is complete.
What does the review cover?
With monthly deposits of $96,000 in the example, funders check what the account can carry once the first debit clears.
How much can the second advance add?
What the deposits can carry after the first debit. The example adds $33,500 for a business depositing $96,000 a month.
Which Phoenix trades does a second position merchant cash advance suit?
Census counts show 39,457 employer businesses in Phoenix; the table gives the local count and density for each trade discussed below. Of them, 54% employ fewer than five people, and 4,187 employ 20 to 49.
| Trade | Businesses in Phoenix | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 2,295 | 13.8 | 15.4 |
| Beauty and nail salons | 472 | 2.8 | 3.4 |
| Plumbing and HVAC contractors | 450 | 2.7 | 3.2 |
When do restaurants reach for a second position?
Growth for a restaurant looks like a patio build-out or a second location. A second position pays for it mid-term. Phoenix has 2,295 of them, 13.8 per 10,000 residents (U.S.: 15.4).
How do beauty and nail salons in Phoenix use it?
A salon that took a first advance for color stock, booth upgrades and rent doesn't have to wait to fund more chairs or a treatment room. Census counts 472 in Phoenix; that's 2.8 per 10,000 people.
Is a second position right for plumbing and HVAC contractors?
When an added technician before peak season comes up before the payoff date, an HVAC or plumbing company can stack a second position. Phoenix counts 450 of them, 1.1% of local employers.
How much does a second position merchant cash advance cost a restaurant?
Here a restaurant already paying $424 daily adds $33,500 in second position at 1.38, bringing its daily total to $791 on deposits of $96,000 a month.
| Sample figure | Value |
|---|---|
| Monthly deposits (example) | $96,000 |
| First advance, daily debit | $424 |
| Second advance | $33,500 |
| Second advance factor rate | 1.38 |
| Second advance, daily debit | $367 |
| Combined daily debit | $791 |
| Share of an average day's deposits | 17% |
What moves the price?
A first advance that is mostly paid back makes a second position cheaper, because less sits ahead of the second funder. Try your own numbers in the stacked payment calculator.
Free to apply. You never pay us a fee. We call back, usually the same business day.
Which Phoenix ZIP codes have the most of these businesses?
The largest ZIP by employer count is 85016, with 2,714; restaurants lead it with 140 locations.
| ZIP code | Employers | Leading trade | Its locations |
|---|---|---|---|
| 85016 | 2,714 | Restaurants | 140 |
| 85254 | 2,374 | Restaurants | 124 |
| 85018 | 1,950 | Restaurants | 114 |
| 85027 | 1,747 | Restaurants | 75 |
| 85032 | 1,654 | Restaurants | 130 |
| 85040 | 1,424 | Restaurants | 53 |
What does applying for a second MCA involve?
- Fill out the short application; mention the first contract's date.
- We call to agree the amount before the file goes out.
- You compare offers with the combined withdrawal beside each one, $791 a day in the example.
Who should skip a second position merchant cash advance?
If you need lower payments rather than more capital, consolidation is the better fit. If the first advance is nearly done, waiting for a new first-position advance can cost less.
Is a second position merchant cash advance available near Phoenix?
Closest on the list: Glendale, 6 miles away. Largest: Scottsdale, 11,157 employers.
| City | Distance | Employers |
|---|---|---|
| Glendale, AZ | 6 miles | 4,368 |
| Scottsdale, AZ | 15 miles | 11,157 |
| Tempe, AZ | 16 miles | 7,071 |
| Peoria, AZ | 19 miles | 3,498 |
Which 2nd position MCA questions do Phoenix owners ask first?
Can I consolidate a second MCA later?
Yes. Once both advances are running, a consolidation can replace them with one payment.
How much more does a 2nd position MCA cost?
The factor rate sits above first-position pricing; the example uses 1.38. The exact number depends on the room left after the first debit.
Are restaurants in Phoenix eligible for a second position merchant cash advance?
Many are, because they run on daily card batches from the dining room. Funders still decide each file on bank deposits and time in business.
Ready to see what a second position MCA costs your Phoenix 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.