Funding for your situation
What decides whether a concrete company with an open advance can add more funding, what a review compares, and a worked example.
✓ Checking what you qualify for does not affect your credit score.
An open advance changes which products fit a concrete company, not whether the conversation can happen. Materials are bought before the pour and invoices follow, often in progress payments. The daily or weekly debit is already part of that picture.
Merchant Fund Express is a funding marketplace: you apply once, and the file is matched to the structure that fits it. The sections below show what this situation usually costs, how a funder reads it, and what to prepare.
What it looks like on the ground: a developer wants a full slab schedule, and concrete is due at the plant before the first payment.
Compliance touchpoints for a concrete company often include contractor license and insurance and bonding, which can come up when the request involves a new site, a purchase or a significant change.
A concrete company file is read through material cost versus invoice timing, weather-related gaps and equipment already financed.
Materials are bought before the pour and invoices follow, often in progress payments. A reviewer sees that pattern in the statements before reading a word of the application.
| Item | Illustrative amount |
|---|---|
| Position 1: taken for truck and trailer (remaining balance, illustrative) | $13,500 |
| Position 1 weekly debit | $500 |
| Average weekly deposits at a concrete company (illustrative) | $5,000 |
| Debit as a share of weekly deposits | about 10% |
| New need under discussion: a mixer drum and gearbox or a new pour crew (illustrative) | $10,500 |
| Whether a second position fits | decided by negative days, NSFs and the average daily balance |
What a review compares. The remaining balance, the share of deposits already committed and how the account has behaved. Read negative days and NSFs and second position funding.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
Balance, debit and payment history, and what it financed: truck and trailer.
Materials are bought before the pour and invoices follow, often in progress payments.
Negative days, NSFs and the average daily balance, read against pour windows follow weather, and winter pauses many sites.
Second position, renewal or refinance, depending on how much has been paid down.
These are the same factors described on revenue and deposit requirements and time in business. Merchant Fund Express walks you through how your own file reads before you apply.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Often, depending on position count and account behavior. Look at second position funding, renewals and MCA refinance. Merchant Fund Express reviews the file the same day it is complete.
A second position sits behind the first on the same revenue. A renewal comes after the first is substantially paid down. See first position vs second position.
Three months of business bank statements, the existing agreement or a payoff letter, and the job contract or bid.
The minimum FICO is 500, and better credit means better products and terms. See credit score requirements for how the tiers work.
Merchant Fund Express gives a same-day decision on a complete file. Applying takes a few minutes and will not affect your credit score.
