Cleaning companies / Refinance

Already carrying an advance? What a cleaning company can do about daily debits.

First and second position funding, buyouts of balances up to $100,000, and what the daily-to-weekly change does to your cash flow.

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How cleaning companies end up with more than one advance

At Merchant Fund Express, we publish the terms and thresholds behind this page so you can check your own numbers before you apply.

Cleaning companies stack advances around payroll: one advance for the first two payrolls on a new account, a second to cover the same account while its first invoice was pending. The client pays in 45 days.

In plain terms: an advance taken to cover payroll on a new contract, then a second while the first invoice was pending.

What can be done

First and second position are both funded. Existing positions with a balance of $100,000 or less can be bought out into a weekly-payment term loan or a line of credit, and a line of credit up to $350,000 can sit in second position behind an existing advance. Up to two current positions fit the written guidelines, and some agreements restrict new financing, so read yours first. See MCA refinance and second position funding.

Daily versus weekly, on a cleaning company numbers

An illustration, not an offer. Say a cleaning company with about $50,000 in monthly revenue has a remaining advance balance of $24,000, being collected over about 60 business days:

Item	Illustration
Daily debit (60 business days)	$400
Debited in a 21-day month	$8,400 (17% of monthly revenue)
The same balance as a weekly payment over about 9 weeks	$2,667
Terms of a new schedule	Set in your offer; a lower payment over a longer term is the goal

Use the payoff calculator with your own balance.

What to line up first

Match each advance to the contract it funded

Check the client’s payment terms and any approval delays

Ask for weekly payments that fit the client’s payment cycle

Disclose every open position on the application; it shows on your statements either way.

Cleaning companies: the full industry guide — Cash flow, calendar and every funding page for this industry.

MCA refinance — Buyouts, second position and the weekly alternative.

Second position funding — More capital without disturbing the first.

Renewals — When a paid-down balance opens better terms.

Existing positions and stacking — How funders read open positions.

Revenue-based financing for cleaning companies — Payments that follow sales.

Common questions

Can a cleaning company get more funding while carrying an advance?

Often. Recurring commercial deposits are easy to read; the question is the combined load against monthly revenue. Merchant Fund Express shows the exact amount, schedule and total cost in your offer before you sign.

Can an existing advance be bought out?

Where your file and your agreement allow it, balances of $100,000 or less can be bought out into a weekly-payment term loan or line of credit.

Second position or a renewal?

Second position is a new agreement behind the existing one, so you make both payments. A renewal is more funding from the funder you already have, with one payment.

See what you qualify for

Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.

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