Second Position Merchant Cash Advance in Los Angeles, CA
Second position merchant cash advances let Los Angeles owners raise more capital while a first advance is still running. We send one file to the funding partners that take them and compare the offers with you.
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?
A second funder advances cash while the first advance is still collecting $416 a day in the example; both debits then run side by side.
What counts most in the review?
With $416 a day already going to the first funder, the review comes down to whether the rest of the bank deposits can carry a second withdrawal.
How long do both debits overlap?
Until the first advance finishes. In the meantime, the account carries $788 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 Los Angeles' 128,109 employers. California averages 26.2 employers per 1,000 residents; Los Angeles has 33.1.
| Trade | Businesses in Los Angeles | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 6,686 | 17.3 | 15.4 |
| Clothing and accessories stores | 2,059 | 5.3 | 3.5 |
| Beauty and nail salons | 1,624 | 4.2 | 3.4 |
How do restaurants in Los Angeles use it?
When a patio build-out or a second location comes up before the payoff date, a restaurant can stack a second position. Census counts 6,686 in Los Angeles; that's 17.3 per 10,000 people.
Why would clothing and accessories stores pick a second position?
A clothing store that took a first advance for inventory ordered a season ahead doesn't have to wait to fund a holiday inventory order or a second storefront. Los Angeles has 2,059 of them, 5.3 per 10,000 residents (U.S.: 3.5).
Why do Los Angeles beauty and nail salons use a second position?
Growth for a salon looks like a renovated space or added spa rooms. A second position pays for it mid-term. That trade has 1,624 locations here (4.2 per 10,000 residents).
What would a restaurant pay for a second position merchant cash advance?
Sized for a restaurant: monthly deposits $94,000, first debit $416, second advance $33,000 at 1.42, combined debit $788 a day.
| Example item | Value |
|---|---|
| Monthly deposits (example) | $94,000 |
| First advance, daily debit | $416 |
| Second advance | $33,000 |
| Second advance factor rate | 1.42 |
| Second advance, daily debit | $372 |
| Combined daily debit | $788 |
| Debit as a share of daily deposits | 18% |
What sets the cost?
Pricing follows risk: how much of every day's bank deposits the first funder already takes, and how the account has run since that advance funded. 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?
ZIP 90025 has 3,939 employers, and its leading trade is restaurants with 162 locations.
| ZIP code | Employers | Leading trade | Its locations |
|---|---|---|---|
| 90025 | 3,939 | Restaurants | 162 |
| 91436 | 3,348 | Physicians' offices | 164 |
| 91367 | 2,939 | Residential remodelers | 68 |
| 90067 | 2,919 | Physicians' offices | 86 |
| 90069 | 2,749 | Restaurants | 131 |
| 90210 | 2,536 | Physicians' offices | 248 |
How do I apply for a 2nd position MCA in Los Angeles?
- Fill out the short application with your current funder, balance and daily debit.
- A broker calls to review the first contract and the deposits left after its debit.
- Each offer shows its factor rate; the example uses 1.42.
What are the alternatives to a second position merchant cash advance?
If you need lower payments rather than more capital, consolidation is the better fit. For a gap that repeats every month, a line of credit costs less than stacking advances.
Which nearby cities are covered?
Closest on the list: Culver City, 1 mile away. Largest: Santa Monica, 7,189 employers.
| City | Distance | Employers |
|---|---|---|
| Culver City, CA | 1 mile | 2,374 |
| Beverly Hills, CA | 4 miles | 5,288 |
| Santa Monica, CA | 5 miles | 7,189 |
| West Hollywood, CA | 5 miles | 1,781 |
What do owners ask about second advance costs and terms?
Does a 2nd position MCA take longer to fund?
A little, since funding partners read the first contract too. A complete file keeps that extra review short.
Is a 2nd position MCA shorter than the first advance?
Yes, in most offers. Short terms keep the combined debit, $788 a day in the example, from running too long.
Are beauty and nail salons in Los Angeles eligible for a second position merchant cash advance?
Many are, because they run on service payments at checkout. Funders still decide each file on bank deposits and time in business.
Looking at a second advance in Los Angeles?
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.