The best second-position funding is offered by a funder that underwrites with your first advance in full view, sizes the combined payments to your deposits and puts every term in writing. Compare it with a buyout, which may lower total weekly outflow instead of adding a second debit.
Check my optionsFinancing options
Second-position funding adds a new advance while an existing one is still being paid. Done carefully, it gives a business additional capital without disrupting the first agreement; done carelessly, it becomes stacking that overwhelms cash flow.
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.
A person reviews your revenue, time in business and bank activity, often within hours.
Your file goes to funders that fit it, so offers can be compared.
A human reads the file, not just an algorithm score.
You can apply at 500; stronger credit opens more products.
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.
Start with combined capacity. A responsible second-position funder adds the existing payment to the proposed new one and compares the total with your deposits, especially in slower weeks. If the combined debits would consume too much revenue, the right answer may be a smaller amount or a buyout instead.
Check how the first agreement is treated. Many first-position agreements include anti-stacking provisions restricting additional financing. A second-position funder should ask about the first agreement and its terms. Review your existing contract and, if needed, ask the first funder in writing before taking more.
Compare cost on the new money only. Total remittance divided by net proceeds on the second advance shows what the additional capital costs. Second-position offers often carry higher factors than first-position offers because the funder is second in line.
Evaluate payment structure. A weekly second-position payment can be easier to carry alongside an existing daily debit. Ask whether reconciliation applies and how the funder handles a slow month when both payments are due.
Consider the buyout alternative. A buyout of up to $100K pays off the existing advance and replaces it with one new agreement, sometimes with additional working capital. If the goal is relief rather than more capital, a buyout often fits better than a second position.
Our list below summarizes each company from its own public website; MFE reviews existing positions as part of the application and can show both second-position and buyout options.
Here is a second-position offer sized alongside an existing payment. Illustrative numbers.
| Amount funded | $50,000 |
| Factor rate | 1.35 |
| Total payback (amount × factor) | $67,500 |
| Fees deducted at funding (5%) | $2,500 |
| Net cash you receive | $47,500 |
| Weekly payment over 48 weeks | $1,406 |
| Same total as daily debits (~240 business days) | $281/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Combined capacity | Existing + new payment vs. deposits |
| First agreement terms | Anti-stacking provisions |
| Cost of new money | Remittance / net proceeds on second advance |
| Payment structure | Weekly often easier alongside a daily debit |
| Alternative | Buyout of up to $100K |
Good fit:
Probably not yet:
A new advance taken while an existing one is still being repaid, underwritten with the first in view.
Structured second position considers the first advance; uncoordinated stacking does not.
Often, because the funder is second in line.
Anti-stacking provisions.
When the goal is lower weekly outflow rather than more capital.
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