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Second location financing backed by location one

Your first location already proved the concept. Established businesses doing $60K+ a month can use that revenue to fund the next one.

Fund location two

Expansion Funding

Open the next door with the revenue the first one earns

Build-out, staffing, and opening inventory can be funded through our partner, Merchant Fund Express, from $25,000 to $5,000,000.

As fast as
24 hours

Amount to request

$85,000.00

Funding range$25K to $5M

*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.

What makes expansion funding work

Proven revenue carries weight

Deposits from your current location lead the review. FICO 500+ is considered, with a soft pull to start.

Move on a lease in time

Qualified businesses can be funded in as little as 24 hours, which helps when a good space will not wait.

Simple to apply

A 5-minute application and about 3 months of statements. No tax returns or projections binder required.

A plan you can budget against

Your offer shows the total repayment amount and repayment schedule before you accept.

Why second locations are hard to finance

Opening a second location is one of the biggest decisions an owner makes. Banks often treat it like a new venture: they want projections, a long track record, and strong personal credit. If your score is behind where the business is, that conversation can end before it starts, even when the first location is clearly thriving.

Using today's revenue for tomorrow's site

Revenue-based financing looks at what your existing business deposits now. You receive an advance and repay it as a share of revenue, with the total cost fixed up front. Because the review rests on about three months of current bank statements, your first location's track record becomes the case for the second.

Keep in mind that remittances come from current revenue while the new site ramps up. Plan for a period where the new location is still building its customer base, and keep enough cushion that the original site never feels squeezed while the new one finds its footing.

What owners typically fund

For major equipment, equipment financing may be worth pairing with revenue-based financing.

Planning the numbers

For illustration only, not our terms. A bakery cafe deposits about $95,000 a month at its first location. The owner estimates $210,000 to open a second site in a neighboring town. Before applying, the owner maps out how long the new site might take to cover its own costs, how remittances would fit alongside the first location's expenses, and what cushion to hold back. That kind of planning makes for a better decision, whatever the funding source.

Who this suits

Built for established businesses doing $60K or more a month whose concept is already working: restaurants, salons, clinics, gyms, retail shops, and auto service centers. Sole proprietors can apply. FICO 500+ is considered. Learn about funding for salons or funding for restaurants.

Applying

Amounts range from $25,000 to $5,000,000. The 5-minute application starts with a soft credit pull, and no tax returns are required. Qualified businesses can be funded in as little as 24 hours through our partner Merchant Fund Express. Eagle's credit repair service is separate and not required.

Frequently Asked Questions

Can I finance a second location with my first location's revenue?

Yes, that is the idea. Revenue-based financing reviews current deposits, so the existing location's performance supports the request.

Do I need projections for the new site?

The review centers on about three months of business bank statements. Projections are still smart for your own planning.

How much can I get for expansion?

From $25,000 to $5,000,000, depending mainly on your monthly deposits and existing obligations.

Does my personal credit need to be strong?

FICO 500+ is considered, and business revenue is weighed heavily.

Should the second location be in the same business entity?

Structures vary. Talk with your accountant about how to organize the new site, and be ready to show which accounts the existing revenue flows through.

Who provides the funding?

Funding is provided through our partner Merchant Fund Express.

Build-out $185,000.00
Opening inventory $72,000.00
New hires $58,000.00
Signs and fixtures $46,000.00

Example uses for illustration only.

How to improve your chances

A strong first location makes the strongest case for a second.

  • Keep location one deposits steady and in one account
  • Limit NSFs and negative days before applying
  • Have 3 months of statements ready to upload
  • Show sales holding or growing at your current site

How Eagle expansion funding compares to a bank loan

Eagle Business Funding
Traditional bank loans
Time to funds
As little as 24 hours
Weeks to months
Paperwork
About 3 months of statements
Tax returns, financials, more
Credit
FICO 500+ considered
Strong credit usually expected
Amounts
$25K to $5M
Tied to collateral
Cost
Full repayment shown up front
Rates plus closing items

Turn one proven location into two

One secure application. A soft credit pull to start. No obligation to accept an offer.

Apply for Funding