Second Position Merchant Cash Advance in Grand Junction, CO
Second positions add capital for Grand Junction operators without waiting for a payoff date. We send one application to funders 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 does a second position merchant cash advance work?
Because the two payments run side by side, the review centers on what is left of an average day's bank deposits once the first funder is paid.
How do funders decide?
How the first advance has been paid, how much of it's left, and what each day's deposits look like after its withdrawal.
Why take a second position instead of waiting?
Because the opportunity is now. For a restaurant, that means an outdoor seating area or new kitchen line while the first advance is still running.
Which local trades get the most from a second position merchant cash advance?
Grand Junction has 1,680 employer businesses. The table lists the trades on this page where a second position merchant cash advance fits, with how many of each operate here. Colorado averages 30.4 employers per 1,000 residents; Grand Junction has 23.4.
| Trade | Businesses in Grand Junction | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 84 | 11.7 | 15.4 |
| Plumbing and HVAC contractors | 22 | 3.1 | 3.2 |
| Auto repair shops | 20 | 2.8 | 2.5 |
Why do Grand Junction restaurants use a second position?
Second positions let a restaurant keep food orders, payroll and kitchen repairs covered and still fund a second dining room or a catering kitchen. There are 84 here, 5.0% of the city's employers.
How do local plumbing and HVAC contractors use a second position?
Growth for an HVAC or plumbing company looks like another service truck or technician. A second position pays for it mid-term. Census data lists 22 in the city.
What does a second position do for auto repair shops here?
Parts, diagnostic tools and technician pay took the first advance; another bay or technician can take the second. Grand Junction counts 20 of them, 1.2% of local employers.
How much does a second position merchant cash advance cost a restaurant?
A restaurant with $90,000 in monthly deposits pays $398 a day on a first advance. A second of $31,500 at 1.42 adds $355 a day; together, $753.
| Example item | Value |
|---|---|
| Monthly deposits (example) | $90,000 |
| First advance, daily debit | $398 |
| Second advance | $31,500 |
| Second advance factor rate | 1.42 |
| Second advance, daily debit | $355 |
| Combined daily debit | $753 |
| Portion of a typical day's deposits | 18% |
Which numbers decide the cost?
The 1.42 factor in the example reflects second-position risk. More room after the first debit, and a first advance that is mostly paid back, bring it down. 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.
Where does Grand Junction sit within Mesa County?
The city accounts for 35% of employers in Mesa County. By size, 334 city firms employ 5 to 9 people, compared with 845 across the county.
| Employees | Grand Junction | Mesa County |
|---|---|---|
| Under 5 | 868 | 2,729 |
| 5 to 9 | 334 | 845 |
| 10 to 19 | 238 | 646 |
| 20 to 49 | 161 | 411 |
What steps get a Grand Junction file to second position funders?
- Fill out the short application; mention the first contract's date.
- We call to go over the first contract and what the account can carry.
- Offers come back with the combined debit shown for each.
Who should skip a second position merchant cash advance?
If the goal is lower payments rather than new money, a second position works against you; consolidation is the better fit. For a gap that repeats every month, a line of credit costs less than stacking advances.
Do we cover businesses outside Grand Junction?
Yes. We're a nationwide broker, so files from across Colorado and every other state go to the same funders and get the same review.
What does a Grand Junction business need to know about a second advance?
How big can a 2nd position MCA be?
Funders size it from the deposits left after the first debit, so it's smaller than the first advance in most files.
Does the first funder find out about a second MCA?
Your statements show the first withdrawal, and the second funder reviews it. Some first contracts restrict additional advances, so we check yours before shopping the file.
Can a restaurant qualify for a second position merchant cash advance?
Yes. A restaurant qualifies the same way as any business: funders read bank deposits, balance history and open advances, then make offers you can compare.
Want offers on a second advance on top of the first side by side for Grand Junction?
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.