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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 Defaulted On An Sba Loan And They Just Took My Tax Refund Why Wasnt I Notified In Advance


I Defaulted On An SBA Loan And They Just Took My Tax Refund Why Wasnt I Notified In Advance

Having your tax refund suddenly taken by the government can be an incredibly stressful and confusing situation. Many people rely on their refunds to help cover expenses or pay down debt. So when that money doesn’t arrive as expected, it can throw everything off.

In your case, it seems the seizure of your refund was related to defaulting on a Small Business Administration (SBA) loan. Unfortunately, you were not given advance warning or notice that this would occur. That lack of communication has likely left you feeling blindsided and scrambling to understand what happened.

Why The Government Can Take Your Refund for Unpaid Debt

The right of the government to take tax refunds for unpaid debts is enabled by something called the Treasury Offset Program (TOP). Under TOP, if someone owes past-due child support, federal debts, state income tax obligations, unemployment compensation debt, or other types of debt to a government agency, their tax refund can be seized and applied to the debt.

Tax notice letter

Defaulting on an SBA loan falls into the category of federal debt owed. So by failing to make payments on your SBA loan as required, you became subject to TOP and eligible to have your refund confiscated.

Key Things to Know About Tax Refund Offsets:

  • Federal agencies, states, and debt collectors must notify the IRS of debts owed.
  • The IRS is required to notify you if your refund will be taken.
  • Only past-due, legally enforceable debts can trigger an offset.
  • The amount taken can include any interest, penalties, collection fees, etc.

Based on the rules, you should have received advance warning from either the IRS or SBA that your refund was at risk of being seized. The fact that this didn’t happen suggests there may have been a breakdown in communication somewhere along the way.

Strategies to Recover Your Confiscated Refund

When a refund is taken without proper notice, it may be possible to get the money returned. Here are some strategies that could help you recover your seized refund:

File an IRS Form 843 Claim for Refund:

IRS Form 843

This form allows you to request a return of funds that were improperly withheld. On the form, you’ll explain why the offset should not have occurred. Make sure to provide documents that support your claim.

Contact the SBA Loan Servicer:

Get in touch with whoever is servicing your loan and explain that your refund was taken without notice. Ask them to release or return the seized amount. Be polite but firm that proper procedures were not followed.

Submit a Request to the Treasury Offset Program:

You can contact TOP directly and submit documentation showing you did not get the required pre-offset notice. Ask them to refund the amount due to improper procedures.

Seek Legal Assistance:

Consulting with a lawyer can help determine if you have grounds to fight the seizure. An attorney can also handle contacting the IRS or SBA on your behalf. Having a lawyer advocate for return of the refund may carry more weight.

Strategy How to Pursue
File IRS Form 843 Download form from IRS site and mail in with supporting documents
Contact SBA Servicer Look up loan servicer contact info on SBA site or loan documents
Submit Request to TOP Find contact info at
Seek Legal Help Search sites like to find consumer protection attorneys

Pursuing multiple avenues simultaneously can increase your chances of getting your refund returned. The key is acting quickly and having documentation that shows proper process was not followed.

Avoid Future Refund Confiscation

Getting your refund back is important. But it’s also wise to take steps to prevent this situation in the future:

  • Set up IRS account online to access notices about refund offsets
  • Update your address/contact info with the IRS and loan servicer
  • Seek loan rehabilitation or consolidation options if struggling to repay
  • Consult a credit counselor or attorney about debt payoff strategies

Learning from this experience can help you get on a more stable financial footing moving forward. Be sure to address any underlying issues, like high debt levels, that could jeopardize future refunds.

Having your tax refund seized without warning is a stressful and troubling event. But by acting promptly and persistently, you may be able to recover the confiscated funds. Be sure to follow up diligently and get the professional help needed to assert your rights. With a strategic approach, you can potentially get your money back and avoid repeat issues down the road.

Helpful Resources:

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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