Partner program
Where to Send a Deal That Needs New Capital on Top of Existing Positions
The merchant already has an advance or two, deposits are strong, and they need more. Your funders passed. Here is how a second network reads the file, what room means in practice and what to send so the answer comes back fast.
What Does New Capital on Top of Existing Positions Mean?
It is a new funding position added for a merchant who already has one or more open advances, with nothing paid off. The funder decides on room: how much of the monthly deposits are already committed to existing debits. When your own funders cap at one or two positions, RAN Funding’s partner program takes the file to a wider lender network through one dedicated specialist, with non-circumvention signed before you send anything.
Why Your Funders Said No
A decline on a stacked file is usually about the funder’s position limit, not the merchant. Many funders stop at first or second position by policy. Others take a third but price it for the risk, and some will not touch a file with a position written in the last 30 days.
None of that says the business cannot carry more. In the Federal Reserve Banks’ 2024 Small Business Credit Survey, fewer than half of employer firms that applied received the full amount they sought. Partial approvals are the norm, which is exactly why a merchant comes back for more a few months later.
Each decline reason is a prompt to try a network with different guidelines.
How Funders Measure Room
Room is the share of monthly deposits not already committed to existing debits. The arithmetic is simple and funders run it on every stacked file.
| Signal | What it tells the funder | What helps the file |
|---|---|---|
| Total existing debits vs. deposits | How much of each month is already spoken for | Four complete months of statements, every page |
| Number and age of positions | Recent positions read as stress, older ones as history | A list with funder, balance, payment and start date |
| Deposit trend | Growing deposits create room; falling deposits remove it | A note on any seasonal pattern |
| Negative days and returned items | The account is already tight | An honest line on what happened and when |
| Use of funds | A dated purpose that produces revenue is easier to fund | One or two sentences on what the money does |
As an illustration, not a quote: a merchant depositing $120,000 a month with two positions pulling a combined $14,000 has room that a merchant at $45,000 with the same debits does not. The first file is a new-capital request. The second is a payoff conversation.
Files That Fit and Files That Don’t
Best-fit new-capital files usually have:
- 1+ year in business and $20,000+ in average monthly revenue.
- Deposits that cover existing debits with a clear margin.
- One or two open positions, ideally not written in the last 30 days.
- A use for the money that produces revenue: a contract start, inventory for a confirmed order, equipment, a hire.
- A business bank account with active deposits.
Send a different request when:
- Existing debits already take most of the deposits. A position payoff is the realistic ask.
- The merchant needs the money to cover the existing debits. That is a cash-flow problem new capital makes worse.
- The business qualifies for a term product. A Business Term Loan or a business line of credit costs less and should be priced first.
- The request is $500,000 or more. Larger files are placed differently; see when your client already has an advance.
The File to Send
- The signed application you already collected.
- The 3 most recent business bank statements (4 in NY, CA or VA), every page. What lenders look for in bank statements explains why gaps cost a day.
- Every open position: funder, current balance, payment amount and start date.
- What the money is for and when it is needed.
- Where the file has been and the decline reasons.
An undisclosed position is the most common reason a stacked file dies after approval. The debits are on the statements either way.
How It Runs with RAN Funding, Step by Step
RAN Funding is a broker, not a lender. One application for our lender network and one dedicated specialist.
- Sign up and sign the agreement. Fill in the form on the partner page and select ISO / Funding Broker. Non-circumvention and the split are signed before you send a file.
- Send the file with the position list.
- Get an answer within one business day: placed, needs more, or declined and why. If the room is not there, the specialist says which route the file does support.
- Choose the handoff. Co-manage the deal or hand it off. Either way you are paid the same split.
- The deal funds and you are paid. Renewals on your merchants pay you as well.
What a Second Network Can Place for a Stacked Merchant
| Product | Fit for a merchant with open positions | Notes |
|---|---|---|
| Working capital and merchant cash advance | The usual route when room exists | $10,000 to $500,000+, funded in as little as 24 hours after approval |
| Position payoff | When debits are heavy and one position is nearly done | Part of the new funding pays off one advance |
| Business Term Loans | Established merchants with stronger credit | Up to $2 million, up to 3 years |
| Business line of credit | A cushion instead of a lump sum | Up to $2 million, drawn as needed |
| Equipment financing | When the use is a specific purchase | The equipment is the collateral |
| Accounts receivable financing | B2B merchants waiting on invoices | An advance on open invoices |
Not every file can be placed, and nothing here is a guarantee of approval. What you get is a real answer on every submission.
Mistakes That Sink a New-Capital File
- Sending it the week after the last position funded. Many funders read a 30-day-old position as a red flag. If it can wait, let the statements show a clean month.
- Hiding a position. It shows on the statements.
- Asking for more than the room supports. A right-sized request gets an offer; an oversized one gets a decline.
- Shopping it to several brokers at once. Duplicate submissions and a merchant who gets ten calls.
- Promising an approval. A second look is a second review.
Consent and Disclosure
Tell the merchant the file is going to a second broker and get their agreement first. Do not describe yourself as a lender, and do not promise an outcome.
Disclosure rules vary by state. California requires a provider extending a specific commercial financing offer to give the recipient disclosures at the time of the offer, signed before the deal is finalized. MCA disclosure laws by state is a starting point, not legal advice.
How to Start
Go to the RAN Funding partner program page and fill in the short form. Select ISO / Funding Broker and say so if you have a file that needs attention now.
We call within one business day to walk through the partner agreement. For the wider picture on second looks, see the ISO program for deals you can’t place. You can also call 1-877-522-6045, Monday to Friday, 9am to 6pm ET.
Common Questions
Can a merchant with an existing MCA get more funding?
Often, yes, if monthly deposits leave room after the existing debits. Funders differ on how many positions they accept and how recent the last one can be, which is why a second network matters.
What does “room” mean on a stacked file?
The share of monthly deposits not already committed to existing debits. More room means a larger new position can fit.
Should the merchant pay off a position instead?
When existing debits take most of the deposits, a position payoff is usually the realistic request. The specialist reviews the file and says which route it supports.
How soon after the last position can a new one be added?
Many funders are cautious about a position written in the last 30 days. If the request can wait for one clean month of statements, the file reads better.
What do I need to send?
The application, the 3 most recent business bank statements (4 in NY, CA or VA), a list of every open position with funder, balance, payment and start date, and the use of funds. Best-fit merchants have 1+ year in business and $20,000+ in average monthly revenue.
Am I paid if I stay on the deal?
Yes. Co-manage or hand it off, the split in your partner agreement applies either way, and the merchant is tagged to you.
Sources
- 2025 Report on Employer Firms: Findings from the 2024 Small Business Credit Survey — Federal Reserve Banks
- California Financing Law: Commercial Financing Disclosures — California Department of Financial Protection and Innovation
Have a Stacked File Your Funders Passed On?
Sign the agreement, send the file, and get an answer within one business day.
More on the Referral Partner Program