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Bakery Small Business Loans

Small business owners can use loans to grow their business. You can use the funds however you wish.


Cover Expenses

Pay for any unexpected expenses that arise using our business loans.


Invest in your business

Use the business loan to grow your business however you wish.



Keep the cash on hand for future expenses.



Use the business loan to pay your employees.



Buy new equipment to grow your business.



Use the business loan to hire new employees.

We Fund Fast


Loans up to

$ 10 Million

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5 Stars


Hear from people we've helped

Delancey Street makes lending easy. They took a chance on me when no one else would.

Leo kovacz

Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would.

Kevin Johns


Delancey Street Can Help
with Small Business Loans

We're committed to building relationships and helping people all over the USA get access to the RIGHT loan for them. Regardless of your credit, or the riskiness of your industry.


We're frequently interviewed by major media organizations.

Easy Application

All it takes is one application, and we handle the rest for you.


Service is key. You can ask for advice on ANYTHING and we'll bend over to help.


Many of our team members are former business owners, and understand your challenges.


We customize each loan for you, and to your unique specs. Everything is customized.


We help virtually any industry, any business, anywhere in the USA. It doesn't matter.


We fund business loans nationwide. It doesn't matter where you are, we can help you.


This is crucial, and critical. We are 100% honest with our clients, and never strive for less.

Bakery Small Business Loans

Plenty of things can help you cultivate growth for your business so that it can thrive and prosper. However, the most important is money. You need it to support your daily operations and pay your employees. You can also use it to purchase equipment that can help you improve your company.
Unfortunately, not everyone has an unlimited budget, and many small business owners end up with inadequate funds to sustain their company and its needs. The good news is that there is always hope, especially with the existence of small business loans. The process, however, can be daunting and challenging.
One of the most significant steps toward obtaining the funds you need through the loan is to know the requirements involved. You should take time to research about what lenders ask for so you can have no problems once you are ready to face the creditor you choose and pitch your case.
A Word of Advice
Before you apply for a small business loan, be wise enough to explore your options. Requirements and terms vary depending on the lender and the type of small business loan you may want to get. Each loan choice has its own set of risks, benefits, payment schedules, and criteria that determine who qualifies.
The Requirements for Small Business Loans
You have several options when it comes to the lenders. However, the most popular are:

  • Banks
  • Credit unions
  • Small Business Administration (SBA)

Some business owners also seek the help of alternative lenders, including those that operate online to help them with their funding.
As previously mentioned, the requirements differ from one lender to another. Other factors also influence what the creditor may ask from you before you get approved. Let’s take a look at the lenders and what they each require from the consumers:
Small Business Loans from Banks
Banks only accept those with excellent credit rating, extensive business, and financial history, and with collateral. You’ll most likely qualify if you don’t need the money. It was in 2008 when banks tightened their requirements, and they haven’t changed them since that time. Most of their loan offers are for big businesses, which is why it is difficult to obtain a loan if you’re a small business owner.
If you plan to go ahead and apply, here are the requirements that banks seek from small business loan applicants:

  • Time flexibility since processing takes two weeks to two months on average
  • Excellent credit score and history
  • Position in the business for at least two years but some banks require the company to be at least three years old
  • Documents to provide financial stability
  • Detailed business plan
  • Marketing plan
  • Records of tax and bank statements
  • Proof of valuable property of collateral

Small Business Administration (SBA) Loan for Small Business Owners
SBA is a government agency that aims to help entrepreneurs get the funding they need. Unfortunately, many say the process takes too long and may even be longer than with banks. It may be due to the organization not providing the funds themselves. They connect the borrower with one of their lending partners, such as a local bank.
Nevertheless, SBA has several loan products, including 504 and general purpose 7(a) loans. Most of the products cover business start-up costs, expansion, or cash flow. To qualify, the requirements are:

  • Solid credit history with good credit rating
  • Collateral
  • Wait time of 90 days or more in most cases
  • Resume
    Complete business plan for the present, and future

Credit Unions and Small Business Loans
It is easy to see why many entrepreneurs view credit unions the same with banks because these two are alike in several ways. The big difference though lies in credit unions have customers as the private owners in a nonprofit status. Most of their loan products are similar to the ones that banks offer. Some requirements include:

  • Good credit score
  • Business plan
  • Collateral
  • Become a member of the credit union
  • Processing takes about 30 to 60 days

Small Business Loans from Alternative Lenders
These lenders have plenty of funding options, such as small business loans. They usually focus on providing loans that are generally accessible. If you plan to seek funds from an alternative lender, you should know the requirements involved, including:
Bank records, which are at least two months old
Application form
You don’t need an excellent credit rating to obtain the loan from this lender. Also, processing of your application may only take a few days, which means you can get the funds in such as short wait time. However, you should always make sure you are dealing with a reputable lender. The problem is that many fraudsters are around online so it is not still easy to find an alternative lender that you can trust.
Other Essential Information for Small Business Loan Requirements
Depending on the lender, some of the vital things that you should provide to speed up the approval procedure include:
A good to high credit score: The required rating will depend on the lender, but these financial institutions always ensure they examine the credit report for both your business and personal. Often, the customer should have at least a 650 score.
Annual revenue: If you bring in $50K to $150K in annual revenues, you have a high chance of getting approved for the loan.
Personal debt-to-credit ratio: You may find this fact counterintuitive, but lenders are not usually happy if you have a ton of personal credit.
Income: It is not just about the business but also you as the owner. Lenders will accept your application if they know that you can meet the requirements for repaying the loan. A handful of lenders search for a borrower with a total income of at least 1.25% times more than the entire expenses of the business.
Collateral: A secured small business loan means that you should provide an asset, which can be anything from real estate, equipment, and inventory.
Unlike with personal loan, lenders find business loans carrying more risk for them. It is why they have strict rules and more extended applications.

Do you need a small business loan?

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