Funding for your situation
What opening a second location really takes in cash, how a funder reads the file, and a worked example with illustrative numbers.
✓ Checking what you qualify for does not affect your credit score.
Your first location proved the concept. The second has to prove you can run two. The rent, build-out, equipment and payroll for the new site are spent before it earns, while the original keeps paying its own bills. Most owners fund the build and forget the runway: the first eight to twelve weeks of low sales, when payroll and rent are already full.
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.
Paid in draws before opening, usually the largest single item.
A fixed purchase with a quote a funder can see.
Cash tied up before the first sale.
The costs of the weeks before the new site covers itself.
| Cost item | Illustrative amount |
|---|---|
| Lease deposit and first month | $14,000 |
| Build-out and finishes | $60,000 |
| Equipment and fixtures | $35,000 |
| Opening inventory | $12,000 |
| Eight weeks of opening payroll | $26,000 |
| Cushion for overruns and slow early weeks (about 10%) | $14,500 |
| Funding need for the second site | $161,500 |
Sizing check. If the full repayment shown in an offer were $211,000 over about 26 weeks, the weekly debit would be about $8,115. Against illustrative monthly deposits of $160,000 (about $36,923 a week), that is roughly 22% of weekly deposits. Your own offer states the real repayment amount in dollars; run your numbers on the factor rate calculator before you accept anything.
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.
Applying with Merchant Fund Express is a single application. We review it the same day on a complete file, explain what the numbers say in plain terms, and fund typically the next business day after signing. Nothing here affects your credit score to check.
Amounts are sized on your current deposits and existing obligations, not on projections for the new site. Use the how much can I borrow page to see what drives the number.
A lease or letter of intent shows the opening is real and what occupancy will cost. If you are still negotiating, say so and the file can be prepared in parallel.
It depends on the position and how the account behaves. See second position funding.
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.
