Second position funding
If you already carry one advance, you can still be considered for more. The file just has to show the business can carry both.
✓ Checking what you qualify for does not affect your credit score.
A second position means a new funding arrives behind an existing advance. Restaurants with strong daily card deposits are often read favorably. Funding runs from $25,000 to $5,000,000, and funding can arrive in as little as 24 hours for qualified businesses.
See second position funding and best second position funding.
A failed hood or walk-in cannot wait.
A slow stretch before the busy season.
Opening costs arrive before sales.
Food and beverage purchased ahead of a major event.
A second position adds a payment. Borrow what the plan needs, review the full repayment amount in the offer, and confirm the daily deposits cover both payments with room to spare.
The application takes about five minutes and starts with a soft credit pull, so applying does not hurt your score. Start your application and we will review your file the same day.
Often yes, if the file shows the business can carry both payments.
Yes. List it with its payment amount.
No.
FICO 500+.
Funding can arrive in as little as 24 hours for qualified businesses.
Same-day decision. Applying takes a few minutes and will not affect your credit score.