Second Position Merchant Cash Advance in Irvine, CA
If your Irvine business is partway through one advance and needs more, a second position merchant cash advance adds capital on top of it. One application reaches funders that accept second positions.
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 does a second position merchant cash advance work?
For an online store, the question is simple: after the first debit, do the day's bank deposits still cover a second one and the bills?
How do funders decide?
With $371 a day already going to the first funder, the review comes down to whether the rest of the deposits can carry a second withdrawal.
What room does the first advance leave?
Funders subtract the first debit from an average day's deposits. In the example, $371 already goes out every day before the second funder is paid.
Which local businesses does it suit?
Irvine's 14,511 employer companies include the trades below, each shown with its local count. Employer density is 45.5 per 1,000 residents here, compared with 24.5 for the country.
| Trade | Businesses in Irvine | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Online retailers | 217 | 6.8 | 1.6 |
| Beauty and nail salons | 117 | 3.7 | 3.4 |
| Residential remodelers | 106 | 3.3 | 3.9 |
What does a second position do for online retailers here?
An online store ready for a bigger inventory buy before the holidays can take a second position rather than wait. That trade has 217 locations here (6.8 per 10,000 residents).
Is a second position right for beauty and nail salons?
Mid-term growth for a salon means more chairs or a treatment room; a second position pays for it. Irvine has 117 of them, 3.7 per 10,000 residents (U.S.: 3.4).
What does a second position solve for residential remodelers?
A remodeling company that took a first advance for materials, subcontractors and crew payroll doesn't have to wait to fund a larger job or another crew. Census counts 106 in Irvine; that's 3.3 per 10,000 people.
What would a second position merchant cash advance cost an Irvine online store?
Here an online store already paying $371 daily adds $29,500 in second position at 1.45, bringing its daily total to $711 on deposits of $84,000 a month.
| Example item | Value |
|---|---|
| Monthly deposits (example) | $84,000 |
| First advance, daily debit | $371 |
| Second advance | $29,500 |
| Second advance factor rate | 1.45 |
| Second advance, daily debit | $339 |
| Combined daily debit | $711 |
| Percent of daily deposits | 18% |
What makes an offer cheaper?
A first advance that is mostly paid back makes a second position cheaper, because less sits ahead of the second funder. Check other amounts with the stacked payment calculator.
Free to apply. You never pay us a fee. We call back, usually the same business day.
Which parts of Irvine are busiest?
ZIP 92618 has 4,751 employers, and its leading trade is physicians' offices with 215 locations.
| ZIP code | Employers | Leading trade | Its locations |
|---|---|---|---|
| 92618 | 4,751 | Physicians' offices | 215 |
| 92614 | 2,589 | Restaurants | 58 |
| 92612 | 2,206 | Restaurants | 100 |
| 92620 | 1,522 | Physicians' offices | 70 |
| 92606 | 1,227 | Restaurants | 66 |
| 92604 | 1,038 | Dentists' offices | 96 |
What does applying for a second MCA involve?
- Fill out the short application with your current funder, balance and daily withdrawal.
- A broker calls to confirm how much room the deposits leave.
- Offers come back with the combined withdrawal shown for each.
When should you choose something else?
If the first advance is nearly done, waiting for a new first-position advance can cost less. If revenue swings, revenue-based financing after the first advance ends can fit better.
Is a second position merchant cash advance available near Irvine?
Tustin sits 4 miles from Irvine. Newport Beach counts 6,813 employer businesses, the most within 50 miles.
| City | Distance | Employers |
|---|---|---|
| Tustin, CA | 4 miles | 3,167 |
| Lake Forest, CA | 6 miles | 2,809 |
| Newport Beach, CA | 6 miles | 6,813 |
| Aliso Viejo, CA | 7 miles | 1,231 |
What does an Irvine business need to know about a second advance?
Can a 2nd position MCA hurt my first advance?
No, as long as the first contract allows it and both debits clear. We read the first contract before shopping the file.
Is a 2nd position MCA shorter than the first advance?
Yes, in most offers. Short terms keep the combined withdrawal, $711 a day in the example, from running too long.
Do Irvine online retailers qualify for a second position merchant cash advance?
Yes. Irvine has 217 online retailers, and any of them can apply; funding partners decide from deposits, time in business and open advances, and we show you every offer.
Want offers on a second advance for your Irvine 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.