Skip to content
Infinite Bookings
← Blog
Placement

Second position deals, done properly

Quick answer

A second position advance sits behind an existing one and is a normal product where the business genuinely supports both remittances and the first position is disclosed. It becomes stacking — the destructive version — when the total remittance exceeds what the receipts can carry, or when the first funder was not told and the agreement prohibited it.

Alex MakowskiFounder, Infinite BookingsUpdated 2026-08-302 min read

The words get used interchangeably and they should not be. Second position describes where an advance sits in the queue; stacking describes piling obligations onto a business that cannot carry them. One is a product and the other is an outcome.

Legitimate second positionStacking
First position disclosed?Yes, to everyoneOften not
Total remittanceThe receipts carry it comfortablyConsumes most of the takings
First agreementPermits it, or is silentProhibits it
Merchant understandsBoth obligations, in dollarsThe new money
Funder pricingPrices the risk knowinglyPriced without the full picture

Check the first agreement

Many advance agreements prohibit additional financing, and taking a second position in breach can trigger a default on the first — accelerating the whole balance at exactly the moment the merchant needed money. Ask to see the first agreement before you place anything behind it. Merchants frequently do not know what theirs says.

What to tell the merchant

  • The combined daily figure, in dollars, not two separate percentages.
  • What that leaves them, on an average day, after both.
  • That the first agreement may prohibit it, and what happens if it does.
  • That second position money costs more, and why — the funder is behind somebody else in the queue.

A merchant who has been shown the combined daily number and still wants it is making a decision. One who has only been shown the new money is not.

Questions brokers ask

An advance that sits behind an existing one in the repayment queue. It is a legitimate product where the receipts support both remittances and the first position has been disclosed to everyone involved.

No. Second position describes where an advance sits; stacking describes loading obligations a business cannot carry. A disclosed second position on a file that supports it is ordinary business.

Frequently, yes — many agreements prohibit additional financing, and a breach can accelerate the whole first balance. Ask to see the first agreement, because merchants often do not know what theirs says.

Because the funder is behind somebody else in the queue for the same receipts. They are taking more risk for the same dollar, and the price reflects it.

The combined daily payment in dollars and what it leaves them on an average day. A merchant shown only the new money has not been given enough to make a decision.

Get started.

We will tell you straight up if we cannot help you. No commission deals, no free trials, no chasing you for three weeks.

15 minute call

Rather not book?

Text my number instead