Second Position Merchant Cash Advance in West Des Moines, IA
Mid-term on an advance and need more? A second position adds funding for West Des Moines businesses; we shop the file to funding partners that accept them.
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 West Des Moines owner know about how it works?
Think of it as a second advance stacked on the first. Both funders withdrawal the account, so a business already paying $429 a day takes on a second payment beside it.
What do funders check?
With $429 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.
What room does the first advance leave?
Funders subtract the first withdrawal from an average day's bank deposits. In the example, $429 already goes out every day before the second funder is paid.
Which local trades get the most from a second position merchant cash advance?
Of the trades on this page, restaurants are the largest group in West Des Moines, at 161 companies out of 2,780 employers. Employer density is 37.5 per 1,000 residents here, compared with 24.5 for the country.
| Trade | Businesses in West Des Moines | Per 10,000 residents | U.S. per 10,000 |
|---|---|---|---|
| Restaurants | 161 | 21.7 | 15.4 |
| Clothing and accessories stores | 120 | 16.2 | 3.5 |
| Beauty and nail salons | 59 | 7.9 | 3.4 |
Why would restaurants pick a second position?
The case for a second advance: a patio build-out or a second location now, with weekly produce and protein orders plus staff wages already funded. That trade has 161 locations here (21.7 per 10,000 residents).
Why do West Des Moines clothing and accessories stores use a second position?
A clothing store ready for a holiday inventory order or a second storefront can take a second position rather than wait. West Des Moines counts 120 of them, 4.3% of local employers.
When do beauty and nail salons reach for a second position?
The second position gives a salon room for more chairs or a treatment room while the first keeps running. The city counts 59, at 2.3x the U.S. density.
What does a second position merchant cash advance cost in a real example?
A restaurant bringing in $97,000 a month already pays its first funder $429 a day. Taking $34,000 in second position at 1.45 adds $391, for $820 a day combined until the first advance is done.
| Sample case | Value |
|---|---|
| Monthly deposits (example) | $97,000 |
| First advance, daily debit | $429 |
| Second advance | $34,000 |
| Second advance factor rate | 1.45 |
| Second advance, daily debit | $391 |
| Combined daily debit | $820 |
| Percent 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. 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.
How does a West Des Moines business apply for a second advance?
- Fill out the short application; mention the first contract's date.
- A broker calls to confirm how much room the bank deposits leave.
- You compare second-position offers and sign the one that fits.
When is another option better?
Skip it when the first debit already takes a heavy share of deposits. Consolidating first, or waiting until the first advance is mostly repaid, leaves more room. If revenue swings, revenue-based financing after the first advance ends can fit better.
Do we work with businesses near West Des Moines?
From West Des Moines, Waukee is 6 miles out. Within 50 miles, Des Moines has the most employers: 4,746.
| City | Distance | Employers |
|---|---|---|
| Waukee, IA | 6 miles | 377 |
| Urbandale, IA | 6 miles | 1,570 |
| Des Moines, IA | 9 miles | 4,746 |
| Johnston, IA | 10 miles | 513 |
Before a second advance, what do West Des Moines owners check?
How soon can I get a second MCA after the first?
Funders want to see several weeks of on-time debits on the first advance before they place a second.
How much does a second MCA cost?
In the example, $34,000 at a 1.45 factor, so the payback is $49,300.
Do funders offer second advances to West Des Moines clothing and accessories stores?
They do. With 120 clothing and accessories stores in West Des Moines, funding partners see these files regularly; the offer depends on bank deposits and time in business, not on the trade alone.
Want a broker to shop a second position MCA for your West Des Moines file?
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.