Second Position Merchant Cash Advance in Burbank, CA
A second position merchant cash advance adds funding for a Burbank business that already has an advance. We take one application to funding partners that accept second positions and lay out their quotes.
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.
What should a Burbank owner know about how it works?
Think of it as a second advance stacked on the first. Both funding partners withdrawal the account, so a business already paying $442 a day takes on a second payment beside it.
What do funders look at first?
Mainly two things: what the first debit leaves in the account each day, and whether the first contract permits a second position.
How long do both debits overlap?
Until the first advance finishes. In the meantime, the account carries $845 a day, so the review checks that deposits cover it.
Which local businesses does it suit?
Here is how the trades on this page are represented among Burbank's 5,475 employers. Most are small: 3,447 have under five employees, while 521 have between 10 and 19.
| Trade | Businesses in Burbank | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 236 | 22.9 | 15.4 |
| Beauty and nail salons | 68 | 6.6 | 3.4 |
| Residential remodelers | 67 | 6.5 | 3.9 |
What does a second position solve for restaurants?
Second positions let a restaurant keep food orders, payroll and kitchen repairs covered and still fund an outdoor seating area or new kitchen line. In the city, 236 operate, or 4.3% of employer businesses.
Is a second position right for beauty and nail salons?
The second position gives a salon room for more chairs or a treatment room while the first keeps running. The city counts 68, at 1.9x the U.S. density.
What does a second position do for residential remodelers here?
A remodeling company that took a first advance for crew payroll, rented equipment and materials doesn't have to wait to fund a larger remodel contract. Burbank counts 67 of them, 1.2% of local employers.
How would the numbers look for a restaurant?
A restaurant with $100,000 in monthly deposits pays $442 a day on a first advance. A second of $35,000 at 1.45 adds $403 a day; together, $845.
| Worked example | Value |
|---|---|
| Monthly deposits (example) | $100,000 |
| First advance, daily debit | $442 |
| Second advance | $35,000 |
| Second advance factor rate | 1.45 |
| Second advance, daily debit | $403 |
| Combined daily debit | $845 |
| Share of an average day's deposits | 18% |
Which numbers decide the cost?
A first advance that is mostly repaid makes a second position cheaper, because less sits ahead of the second funder. For your own numbers, use the stacked payment calculator.
Free to apply. You never pay us a fee. We call back, usually the same business day.
Which ZIP codes stand out for these trades?
Physicians' offices lead ZIP 91505, at 110 of its 2,180 employers.
| ZIP code | Employers | Leading trade | Its locations |
|---|---|---|---|
| 91505 | 2,180 | Physicians' offices | 110 |
| 91502 | 1,339 | Restaurants | 93 |
| 91506 | 1,014 | Restaurants | 35 |
| 91504 | 859 | Restaurants | 34 |
| 91501 | 353 | Physicians' offices | 23 |
How do I apply for a 2nd position MCA in Burbank?
- Start at afterfirstmca.com/apply and note the funder and balance of your first advance.
- A broker calls to review the first contract and the deposits left after its debit.
- You pick the offer whose combined withdrawal your bank deposits can carry, then sign.
When is another option better?
If revenue swings, revenue-based financing after the first advance ends can fit better. Skip it when the first withdrawal already takes a heavy share of bank deposits. Consolidating first, or waiting until the first advance is mostly paid back, leaves more room.
Which cities within 50 miles of Burbank do we serve?
Glendale sits 5 miles from Burbank.
| City | Distance | Employers |
|---|---|---|
| Glendale, CA | 5 miles | 7,824 |
| West Hollywood, CA | 7 miles | 1,781 |
| Beverly Hills, CA | 9 miles | 5,288 |
| San Fernando, CA | 9 miles | 578 |
What do Burbank owners ask before a second advance?
Can a 2nd position MCA be consolidated later?
Yes. Once both advances are running, a consolidation can replace them with one payment.
Is a 2nd position MCA shorter than the first advance?
Yes, in most offers. Short terms keep the combined withdrawal, $845 a day in the example, from running too long.
Do Burbank residential remodelers qualify for a second position merchant cash advance?
Yes. Burbank has 67 residential remodelers, and any of them can apply; funders decide from bank deposits, time in business and open advances, and we show you every offer.
Want quotes on a second position MCA for your Burbank firm?
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.