What "Multiple Positions" Means

In business financing, "positions" refers to active financing obligations — loans, lines of credit, merchant cash advances, or other products with ongoing payment requirements. A business with multiple active positions has multiple simultaneous payment obligations.

Lenders evaluate the total payment burden relative to revenue when assessing new financing requests.

How Multiple Positions Affect Financing Options

The more existing payment obligations a business has, the more carefully lenders evaluate new financing requests. The key question is whether the business generates sufficient revenue and cash flow to service all existing obligations plus any new financing.

A business with strong revenue and multiple manageable positions may have more options than a business with lower revenue and fewer but larger obligations.

What Lenders May Consider

Lenders typically look at total monthly payment obligations across all positions, monthly revenue, average daily bank balance, payment history on existing obligations, and the overall trajectory of the business.

The number of UCC filings, the lenders involved, and the type of existing financing all factor into the evaluation.

Options That May Be Available

Depending on the specific situation, some financing options may still be available. Invoice financing, equipment financing, and certain specialty products may be accessible. Consolidation financing is another option worth exploring for businesses with multiple positions.

Important Considerations

Wall Street Financing LLC does not guarantee approval for any financing product. Our role is to help qualified businesses understand what options may be available given their specific situation.