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.

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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

I Am Just A Part Owner In The Business Will The Sba Require Me To Sign A Guarantee On The Loan


I Am Just A Part Owner In The Business Will The Sba Require Me To Sign A Guarantee On The Loan

The Small Business Administration (SBA) frequently requires personal guarantees from business owners applying for SBA-backed loans. However, the specifics depend on the loan amount and the individual’s ownership stake. This article will examine SBA loan guarantees in depth, including relevant laws, implications, defenses, and more.

SBA Loan Guarantee Requirements

The SBA guarantees loans made by approved lenders to small businesses that would otherwise struggle to obtain financing. According to SBA regulations, lenders must obtain “unlimited, unconditional personal guarantees from all owners of 20% or more of the small business” for SBA-backed loans over $25,000

For example, if you own 25% of a business applying for a $100,000 SBA loan, you would likely have to provide an unlimited personal guarantee. This means the lender can pursue your personal assets if the business defaults.The SBA considers spouses jointly owning 20% or more of a business to be co-owners for guarantee purposes

So if you and your spouse each own 10%, you would both need to guarantee the loan.While the 20% threshold is common, lenders have discretion in setting guarantee requirements. They may request limited guarantees from owners with less than 20% stakes, or unlimited guarantees from all owners regardless of ownership percentage

Implications of Personal Guarantees

Signing a personal guarantee on an SBA loan carries significant financial risks. If the business defaults, the lender can seize your personal assets to recover losses. This includes bank accounts, investments, real estate, and other valuables.Personal bankruptcy does not discharge responsibility for an SBA loan guarantee

4. The lender can continue pursuing your assets unless the SBA releases you from liability.Guarantors also take on the burden of business debt. Unpaid balances reduce how much guarantors can borrow for personal needs. Potential lenders may view guarantors as higher credit risks.On the positive side, guarantees give lenders confidence in the borrower’s commitment. This makes lenders more willing to approve financing. Guarantees also allow those with limited business assets to qualify for larger SBA loans.

Legal Defenses Against Guarantee Enforcement

If your business defaults, you have several legal defenses to reduce guarantee liability.

Lender Misconduct: Lenders must comply with SBA regulations during loan origination, servicing, and liquidation

You may contest the guarantee if the lender failed to follow requirements. For example, if the lender did not properly service the loan before default.

Improper Guarantee Language: Guarantee wording must adhere to SBA standards. You could try to void the guarantee if the language improperly expands your liability beyond SBA limits.

Statute of Limitations: Lenders have 6 years to enforce SBA loan guarantees after loan maturity or acceleration. Guarantors can avoid liability if the lender missed this deadline.
SBA Release: The SBA may relieve guarantors of liability if the lender acted in bad faith or did not mitigate losses after default. You could request SBA release based on such lender shortcomings.
Settlement: Some guarantors negotiate a settlement for pennies on the dollar after default. Settlements release guarantors from further liability. However, the lender must agree to settlement terms.

Key Takeaways

  • SBA loan guarantees are common requirements, especially from owners with 20%+ stakes.
  • Guarantees allow lenders to seize personal assets if the business defaults.
  • Legal defenses like lender misconduct and improper language can contest guarantees.
  • Settlements after default may release guarantors at a fraction of liability.
  • Consult an attorney to understand guarantee implications before signing.


While personal guarantees are common SBA loan requirements, guarantors have defenses against blanket liability if their business defaults. Consult an attorney to fully understand the implications before signing a guarantee agreement. With proper precautions, guarantees can provide small business owners with access to financing that may be otherwise unavailable.

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.

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