CFG Merchant Solutions

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

1

Cover Expenses

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

2

Invest in your business

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

3

Liquid

Keep the cash on hand for future expenses.

4

Payroll

Use the business loan to pay your employees.

5

Equipment

Buy new equipment to grow your business.

6

Staff

Use the business loan to hire new employees.

We Fund Fast

24-48Hrs

Loans up to

$ 10 Million

Google Rating

5 Stars

PARTNERS FIRST.
LENDERS SECOND.

Hear from people we've helped

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

Leo kovacz

Founding Partner (Zooomr Car Leasing)
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 and helped my...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

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.

Trusted

We're frequently interviewed by major media organizations.

Easy Application

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

Service

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

Experts

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

Customized

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

Universal

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

Nationwide

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

Honesty

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

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

We’re here to answer your
questions. Contact us anytime:

Minimum Qualifications Requirements

Delancey Street’s team consists of former business owners, and entrepreneurs. We understand your business has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Business Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification 3 months in business minimum. Credit isn't a huge issue.
Maximum Loan Amount $5 Million
Loan Terms 6-24 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get funding today

  • Apply today and we'll tell you what you qualify for
  • No obligation and no effect on your credit score
Get pre-qualified today

CFG Merchant Solutions

Human beings have different abilities in terms of finance. Often people and particularly investors need money to accomplish their investment dreams. Due to the difference in financial strengths and the urgency of the need, investors typically seek for loans or cash advances. There are numerous types of loans available in the lending market. However, as a brilliant entrepreneur, you need to understand every kind of credit to select the one for you and your business. This will help you make informed decisions and make smart moves in the business world.

A merchant cash advance is technically not a loan. However, it has a similarity with a loan in the sense that both are business financing options that provide entrepreneurs with working and small businesses with working capital. While both are sources of working capital for business, they are structured differently and offered on different terms. To understand more about a merchant cash advance, read on.

A merchant cash advance is an advance on your future credit card sales. This is basically advance cash in exchange for a percentage of daily sales through debit and credits, plus a fee. This can be a quick way to get some money to address urgent business needs without needing collateral. The fee you pay in terms of a percentage is referred to as the retrieval rate or the hold back. It usually ranges from 5% to 20% of your total daily sales based on credit card sales and the repayment period. The lenders generally review your sales receipts dating to the last six months and the average credit card sales to determine the advance cash you are eligible for.

Benefits of merchant cash advance

It is quick and efficient – the application process is straightforward. It is something any business owner can easily do online. Besides, the funding is approved faster and delivered to your account. The process could take less than an hour at times.

A perfect credit score is not a requirement – if you have a poor personal and business credit score, worry no more. Merchant cash advance lenders are very lenient and barely focuses on your credit score.

No collateral required – merchant cash advance is ordinarily unsecured. Thus, you do not need to present a personal or a business asset as security for you to obtain this loan.

High borrowing limits – merchant cash advance offers extensively high limits for the cash you can borrow. Some lending companies have set the limit as high as $2,000,000. This is an excellent opportunity to acquire funding especially if you lack collateral.

Flexible payments – the payments of merchant cash advances are applied at a flat rate to the daily sales of your credit card. The repayment is purely based on the sales you make daily.

Shortcomings of merchant cash advance

Higher fees than traditional loans – the overall cost and interest earned from a merchant cash advance is usually higher than the other conventional loans.

Lack of insight – merchant cash advances are usually offered by private organizations and individuals, and thus the government has no control or regulation over the practices involved.

Daily deduction of credit card and debit card receipts – this makes it hard to generate working capital as cash is deducted daily.

It is a short-term solution – most lenders usually offer merchant cash advances to be repaid within 12 months. Basing on its cost and interests incurred, it is unlikely to drive positive results.

When to consider a merchant cash advance

Merchant cash advance is usually a good option if you have a poor business or personal credit score. If you are trying to rebuild your credit score and you have a brilliant business idea a merchant cash advance can be very instrumental. The funding does not reflect on your credit report.

Due to the flexible repayment terms, a merchant cash advance is the ideal funding for you if you run a seasonal business. The repayment is purely based on sales, unlike other loans where you have to make a fixed monthly payment.
If you are an online merchant, this funding is a great option. Online businesses usually receive payments through credit cards. This type of businesses are the prime candidates on merchant cash advance basing on the mode of payment utilized by these businesses.

How to apply for merchant cash advance

Merchant cash advances offer easy eligibility terms, and an easy application procedure alike. The process is fast and easy. The applications are usually made online, and most lenders typically approve then the same day. It is worth noting that most lenders use the incoming volume of cash to determine the amount your eligible for. Thus, ensure your business is receiving a good cash flow through the credit and debit cards. The documents required during the application process usually are identification documents and business documents such as Business tax returns and voided business check.

Do you need a small business loan?

Apply now