When you already have an advance, the best funding option depends on whether you need more capital or relief. A structured second position adds capital with both payments sized to your deposits; a buyout replaces existing balances with one payment. Either way, disclose the current advance and compare in writing.
Check my optionsFinancing options
An active advance changes which options make sense. The decision starts with a simple question: do you need additional capital for a defined use, or do you need your current payments to become manageable?
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
Approved files are usually funded the next business day.
Advances, lines of credit and second-position options in one place.
Existing balances of $100,000 or less can be bought out.
A human reads the file, not just an algorithm score.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Provider details summarize each company’s public website, checked October 2026. Terms change; confirm directly.
If you need more capital for a specific, high-return use, a structured second-position offer may fit. The funder should review your existing payment and size the new one so combined debits fit your slowest weeks. Weekly payments are often easier alongside an existing daily debit.
If your current payments are the problem, a buyout or refinance may fit better. A new funder pays off the existing balance, up to $100K with MFE, and replaces it with a single payment, often weekly, sometimes with a small amount of additional working capital. Compare weekly outflow before and after and the added total cost.
If the existing advance is nearly paid, waiting may be best. Completing the current agreement, or paying it off within an early-payoff discount window if your agreement offers one, can produce a cleaner first-position offer with better terms.
In every case, disclose the existing advance, its funder, remaining balance and payment. Review your current agreement for anti-stacking provisions and reconciliation rights. Avoid taking an uncoordinated new advance from a different funder without regard to the first; combined daily debits are one of the most common causes of cash-flow failure.
Prepare a clean file: recent statements showing the existing debits, a payoff letter if considering a buyout and a clear use for any new funds.
Our list below summarizes each company from its own public website; MFE considers credit from 500 and shows second-position and buyout options together.
Whatever you choose, request written payoff figures for your current advance before deciding. Knowing the exact remaining balance, and whether any early-payoff discount applies, is what lets you compare a second position, a buyout and simply waiting on equal terms.
Here is a comparison of second position and buyout for a business with an active advance. Illustrative numbers.
| Amount funded | $100,000 |
| Factor rate | 1.45 |
| Total payback (amount × factor) | $145,000 |
| Fees deducted at funding (3%) | $3,000 |
| Net cash you receive | $97,000 |
| Weekly payment over 48 weeks | $3,021 |
| Same total as daily debits (~240 business days) | $604/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Need more capital | Structured second position |
| Need lower payments | Buyout or refinance |
| Advance nearly paid | Wait or pay off with discount |
| Always | Disclose and check anti-stacking |
| Avoid | Uncoordinated stacking |
Good fit:
Probably not yet:
Often, through a structured second position or a buyout.
Second position for more capital; buyout for lower payments.
Balances of $100,000 or less.
If it is nearly complete, waiting may produce better terms.
Yes, always.
From each company public website, checked October 2026.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding