4th and 5th Position Funding — The Deals Almost Nobody Underwrites

High-revenue businesses carrying three or four positions, most often in trucking, construction, restaurants, healthcare and staffing, that either need capital for a real opportunity or have a payment stack that has outgrown their deposits. If you have been declined everywhere because of position count, this is the file our underwriting was built for.

One of the few direct funders that underwrites 4th and 5th positions. A decision based on your numbers: new position, consolidation, or reverse consolidation. No broker chain shopping your statements. Same-day decisions for eligible applications.

Bridging a receivables gap, covering payroll through a slow cycle, finishing a job that will pay on completion, and, most often at this position count, restructuring the existing stack into one payment the account can carry.

Generally $50,000 or more in monthly revenue, an active business checking account, and existing positions that are current or can be brought current in a restructure. We underwrite deposits, debit load and payment history. Not all applicants qualify.

A new position adds another daily or weekly debit, so it is sized against deposits after all existing debits. A reverse consolidation or consolidation replaces several debits with one, sized to what deposits can carry.

Existing agreements often restrict additional advances, and at this position count several may. We review them before funding. As a purchase of future receivables, a merchant cash advance has no fixed maturity date, and the reconciliation terms let the remittance be adjusted if revenue falls.

A fourth or fifth position file is auto-declined by banks and by nearly every MCA funder. The few that fund high positions sometimes do it carelessly, which is how businesses end up past the point of repair. We underwrite this exact file with discipline, and we will turn down a new position when a restructure is the better answer.