Second Position Merchant Cash Advance in San Diego, CA
A second position merchant cash advance adds funding for a San Diego business that already has an advance. We take one application to funding partners that accept second positions and lay out their offers.
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?
Think of it as a second advance stacked on the first. Both funding partners debit the account, so a business already paying $424 a day takes on a second payment beside it.
What counts most in the review?
How much of $96,000 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 withdrawal, $424 a day in the example, next to your deposits.
Where does a second position merchant cash advance fit in San Diego's economy?
Among these trades, restaurants have the most locations in San Diego: 2,893. California averages 26.2 employers per 1,000 residents; San Diego has 32.0.
| Trade | Businesses in San Diego | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 2,893 | 20.6 | 15.4 |
| Beauty and nail salons | 660 | 4.7 | 3.4 |
| Residential remodelers | 644 | 4.6 | 3.9 |
What does a second position solve for restaurants?
When an outdoor seating area or new kitchen line comes up before the payoff date, a restaurant can stack a second position. Census data lists 2,893 in the city.
Is a second position right for beauty and nail salons?
First advance spent on retail product, chairs and stylist pay? A salon can still fund new stations or a remodel with a second position. San Diego counts 660 of them, 1.5% of local employers.
What does a second position do for residential remodelers here?
The case for a second advance: a second crew or bigger contracts now, with crew payroll, rented equipment and materials already funded. Census counts 644 in San Diego; that's 4.6 per 10,000 people.
How would the numbers look for a restaurant?
With monthly deposits of $96,000 and a first debit of $424, a restaurant adding a $24,000 second position at 1.38 would carry $687 a day in total for six months.
| Worked example | Value |
|---|---|
| Monthly deposits (example) | $96,000 |
| First advance, daily debit | $424 |
| Second advance | $24,000 |
| Second advance factor rate | 1.38 |
| Second advance, daily debit | $263 |
| Combined daily debit | $687 |
| Debit as a share of daily deposits | 15% |
What makes an offer cheaper?
Steady deposits since the first advance funded and no missed debits bring the factor rate down. 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 parts of San Diego are busiest?
Restaurants lead ZIP 92101, at 330 of its 4,280 employers.
| ZIP code | Employers | Leading trade | Its locations |
|---|---|---|---|
| 92101 | 4,280 | Restaurants | 330 |
| 92121 | 2,907 | Restaurants | 76 |
| 92108 | 2,695 | Clothing and accessories stores | 143 |
| 92037 | 2,590 | Physicians' offices | 199 |
| 92130 | 2,308 | Physicians' offices | 132 |
| 92111 | 2,191 | Restaurants | 226 |
How does a San Diego business apply for a second advance?
- Start at afterfirstmca.com/apply and note the funder and balance of your first advance.
- We check whether your first contract allows a second position before the file goes anywhere.
- Offers come back from funders that take second positions, each with the combined daily withdrawal shown.
When does a second position merchant cash advance not fit?
If the two withdrawals would take too much of an average day's deposits, a second position adds strain. In that case consolidation replaces the advances with one lower payment. If revenue swings, revenue-based financing after the first advance ends can fit better.
Which towns around San Diego can apply?
La Mesa sits 7 miles from San Diego.
| City | Distance | Employers |
|---|---|---|
| La Mesa, CA | 7 miles | 1,840 |
| Santee, CA | 8 miles | 1,015 |
| Lemon Grove, CA | 8 miles | 525 |
| El Cajon, CA | 10 miles | 1,788 |
What do San Diego, CA owners want to know about a second advance?
How much are daily payments on a first and second MCA?
Add the two withdrawals together. In the worked example, the account carries $687 a day until the first advance ends.
How much can I get on a second MCA?
Funders size it from the bank deposits left after the first withdrawal, so it's smaller than the first advance in most files.
Are restaurants in San Diego eligible for a second position merchant cash advance?
Many are, because they run on card sales that settle every day. Funders still decide each file on bank deposits and time in business.
Ready to compare offers on a second position merchant cash advance in San Diego?
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.