Here's Who We Are

We're Fund Virtually Everything

We fund business owners nationwide, regardless of industry, credit, or time in business. We fund it all.

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We Provide Multiple Options

We have a lot of different financing options available to our clients. Regardless of your situation, we’ll have a solution for you.

Fast Approval

Our application process is completely online. You can get funds in your bank account in literally 24 hours.

The Working Capital You Need In 24 Hours.

We get you funding. It's that simple. Regardless of credit, income, or time in business - we'll fund you.


Use our online form or call toll-free anytime to get started. There's no cost, and the application takes only three minutes.


Receive application approval in as little as 24 hours. There is no credit check required.

Receive Funds

Review and return your signed agreement and get your money in as little as 24 hours.

Recent Business Loans Funded

100K Term Loan

Ambulance Service

Our client bought a new ambulance.
2019 - June
55K Advance

Truck Funded

Our client used the funds to hire new team members.
2019 - February
85K Term Loan

Restaurant Funded

Our client used the funds for restaurant equipment.
2019 - May

Get a Decision in as Little As 30 Seconds

We’re Fast. We Help Regardless of Credit. WE HAVE A SOLUTION FOR YOU.

Apply Online

We have a completely online application process, which is simple and easy.

Get Offers

We'll match you with the best loan offers we have that are financially responsible.

Get Funded Quickly

We'll fund you the same day you accept our offer.

How Delancey Street Works

Fill Out Our Application

Answer basic questions about yourself and fill out our entirely online application. Each loan has its own online process.

Meet Your Concierge

We'll pair you with an experienced Delancey Street specialist who will reach out to you, and understand your needs. We'll try to determine which financial product is right for you.

Compare Our Loan Offers

We give you a few different loan offers based on your scenario and what options you qualify for.

Choose Your Loan

Once you've chosen a loan that works for you, we finalize it and start getting the documents needed.

Get Funded

Once we get all of the documents back, we'll get you funded ASAP.

We Help You Grow

After you get funded, your Delancey Street concierge specialist will keep in touch to make sure you're happy and doing well.

Business Loans

Get business loans ranging from 3 months to 18 months
No credit score requirement, we have a program for everyone
We can fund up to $5 million in virtually 24 hours

Debt Dictionary


Debt Dictionary: Your Guide to Understanding Debt

Debt is a part of life for most people. From student loans to mortgages, credit cards to medical bills, debt comes in many shapes and sizes. While debt can be a useful financial tool if managed properly, it can also become a huge burden if left unchecked.

That’s why at Delancey Street, we’re dedicated to helping consumers and business owners have a healthy relationship with debt. We want to empower you with knowledge so you can make the best financial decisions for your situation.

What is Debt?

Debt is simply something owed by one party to another, typically money. Some common examples include:

  • Credit card balances
  • Mortgages
  • Auto loans
  • Student loans
  • Personal loans
  • Medical debt

When you take on debt, you receive money upfront that you are obligated to pay back over time, often with added interest and fees. Debt allows people to make large purchases they otherwise could not afford[1].

Types of Debt

There are many different types of debt, each with its own characteristics:

Secured Debt

Secured debt is tied to an asset that acts as collateral. Common examples include mortgages and auto loans. If the borrower defaults, the lender can seize the collateral to recover losses[2].

Unsecured Debt

Unsecured debt does not require collateral. Examples include credit cards, medical debt, and personal loans. With unsecured debt, the lender must rely on the borrower’s creditworthiness[3].

Revolving Debt

With revolving debt like credit cards, the borrower can continuously draw, repay, and re-borrow up to a set limit. The balance may fluctuate but generally does not have a fixed payoff date[3].

Installment Debt

Installment debt, like auto loans or mortgages, has a fixed term and requires set payments each month until the balance is paid off[3].

Short-Term Debt

Short-term debt is designed to be paid off in less than a year, like payday loans or some retail credit accounts[3].

Long-Term Debt

Long-term debt extends beyond one year. Mortgages are a common example, often lasting 15-30 years[3].

Debt vs. Credit

Debt and credit are closely related terms that refer to different sides of the borrowing process:

  • Debt is the amount of money you owe.
  • Credit is the amount you can borrow[4].

For example, if you have a credit card with a $5,000 limit, you have $5,000 of available credit. If you currently owe $2,000 on that card, your debt is $2,000.

Debt vs. Loan

While often used interchangeably, debt and loans have some key differences:

  • Debt is a broad term for anything owed.
  • A loan is a specific agreement where a lender provides money that the borrower must repay with interest[3].

So all loans are debt, but not all debt comes from loans. Debt may also arise from unpaid bills, taxes, court judgments, and more.

The Risks of Debt

Used strategically, debt provides access to major purchases and allows you to build credit. However, debt also comes with considerable risks, including:

  • Owing more money than you can realistically repay
  • Damaging your credit score if you miss payments
  • Accruing interest charges and fees that increase the amount owed
  • Potential legal action from lenders
  • Bankruptcy in severe cases

That’s why it’s critical to only take on manageable debt that aligns with your budget and long-term goals.

Getting Out of Debt

If you find yourself overwhelmed by debt, here are some strategies to become debt-free:

  • Make a budget and free up cash flow to accelerate payments
  • Prioritize high-interest debts first
  • Consider balance transfer or consolidation loans to lower interest rates
  • Avoid taking on new debt during the payoff process
  • Contact creditors to negotiate modified payment plans if needed
  • Seek credit counseling to create a customized repayment strategy

The path to becoming debt-free takes diligence, but it is possible with commitment. At Delancey Street, our experienced team can provide customized debt relief solutions to fit your unique financial situation. Contact us for a free consultation.

Key Takeaways

  • Debt refers to money owed by one party to another, often with interest.
  • Key types of debt include mortgages, credit cards, student loans, and more.
  • Secured debt is tied to collateral while unsecured has no backing.
  • Revolving debt can be reused, unlike installment debt with fixed payments.
  • Debt allows purchases not otherwise affordable but also comes with risks.
  • Budgeting, prioritization, consolidation can help you eliminate debt.

Understanding the different forms of debt is key to using it strategically and avoiding pitfalls. Delancey Street is here to help you build a healthy relationship with debt to improve your financial wellbeing. Reach out today to get started.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
$125,000 Small Business Loan
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$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
$250,000 Hard money Loan

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
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