Second Position Merchant Cash Advance in Bakersfield, CA
Second positions add capital for Bakersfield owners without waiting for a payoff date. We send one application to funding partners that sit behind an existing advance.
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 advance set up?
Nothing about the first advance changes: it keeps its debit and term. The second funder sets its own amount, factor rate and schedule.
What does a funder need to see?
How much of $101,000 in monthly bank deposits remains once the first funder is paid, and whether the account has stayed positive since the first advance.
Which funders take second positions?
Only those that place behind an existing advance, and we send the file to them alone. They read the first funder's debit, $447 a day in the example, next to your deposits.
Which trades in Bakersfield benefit most?
Bakersfield has 5,082 employer companies. The table lists the trades on this page where a second position merchant cash advance fits, with how many of each operate here. Of them, 52% employ fewer than five people, and 548 employ 20 to 49.
| Trade | Businesses in Bakersfield | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 414 | 9.8 | 15.4 |
| Trucking companies | 136 | 3.2 | 3.3 |
| Clothing and accessories stores | 108 | 2.6 | 3.5 |
When do restaurants reach for a second position?
Second positions let a restaurant keep food deliveries, line-cook payroll and equipment upkeep covered and still fund a second dining room or a catering kitchen. That trade has 414 locations here (9.8 per 10,000 residents).
Why do Bakersfield trucking companies use a second position?
The second position gives a trucking company room for another rig or more drivers while the first keeps running. Locally, 136 operate, 1.0 times the U.S. rate.
Why would clothing and accessories stores pick a second position?
A clothing store that took a first advance for seasonal inventory bought months ahead doesn't have to wait to fund a second store or a bigger stockroom. Census data lists 108 in the city.
What does a second position merchant cash advance cost in a real example?
Sized for a restaurant: monthly deposits $101,000, first debit $447, second advance $35,500 at 1.38, combined debit $835 a day.
| Sample figure | Value |
|---|---|
| Monthly deposits (example) | $101,000 |
| First advance, daily debit | $447 |
| Second advance | $35,500 |
| Second advance factor rate | 1.38 |
| Second advance, daily debit | $389 |
| Combined daily debit | $835 |
| Portion of a typical day's deposits | 17% |
What makes an offer cheaper?
The combined $835 daily withdrawal in the example is what funders price against; more room after the first withdrawal means better terms. Run your figures in the stacked payment calculator.
Free to apply. You never pay us a fee. We call back, usually the same business day.
Where in Bakersfield do these trades cluster?
ZIP 93309 has 1,578 employers, and its leading trade is restaurants with 124 locations.
| ZIP code | Employers | Leading trade | Its locations |
|---|---|---|---|
| 93309 | 1,578 | Restaurants | 124 |
| 93301 | 1,289 | Physicians' offices | 106 |
| 93312 | 986 | Restaurants | 98 |
| 93304 | 676 | Restaurants | 72 |
| 93305 | 384 | Restaurants | 45 |
What does applying for a second MCA involve?
- Apply and attach bank statements that show the first debit.
- A broker calls to confirm how much room the bank deposits leave.
- You pick the offer whose combined withdrawal your deposits can carry, then sign.
What else should you consider?
If you need lower payments rather than more capital, consolidation is the better fit. If revenue swings, revenue-based financing after the first advance ends can fit better.
Do we cover businesses outside Bakersfield?
We take files from anywhere in California and the rest of the country; where the business sits doesn't change how the file is shopped.
What do owners ask before signing a second position merchant cash advance?
Can a trade business get a second MCA?
Yes. A restaurant is judged like any business: deposits, the first debit and the room left between them.
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.
Do Bakersfield restaurants qualify for a second position merchant cash advance?
Yes. Bakersfield has 414 restaurants, and any of them can apply; funding partners decide from bank deposits, time in business and open advances, and we show you every offer.
Want quotes on a second advance on top of the first side by side for Bakersfield?
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.