Funding for your situation
What decides whether a flooring 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.
Needing more money while an advance is still debiting is the normal state of a working flooring company. A builder has twelve units to finish and material is due before the first invoice. The open question is whether the account has room for a second position on top of the first.
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.
Equipment is part of the picture. A failure such as a saws and grinders or a showroom lighting can run $3,200 to $3,400 and interrupt revenue while it is down.
The documents that usually matter most for a flooring company are the contract or purchase order and a supplier quote, alongside the bank statements.
Spring and fall remodeling seasons are busiest. For a flooring company, that rhythm decides when a funding request reads best and how it should be repaid.
What it looks like on the ground: a showroom would capture walk-in remodels but the lease and displays come first.
Balance, debit and payment history, and what it financed: van and tools.
Deposits and final payments, with builders on net terms.
Negative days, NSFs and the average daily balance, read against spring and fall remodeling seasons are busiest.
Second position, renewal or refinance, depending on how much has been paid down.
| Item | Illustrative amount |
|---|---|
| Position 1: taken for van and tools (remaining balance, illustrative) | $12,500 |
| Position 1 weekly debit | $500 |
| Average weekly deposits at a flooring company (illustrative) | $5,000 |
| Debit as a share of weekly deposits | about 10% |
| New need under discussion: a saws and grinders or a new install crew (illustrative) | $10,000 |
| 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.
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 contract or purchase order.
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.
