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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

Los Angeles Business Debt Relief and Debt Settlement Lawyers


Los Angeles Business Debt Relief and Debt Settlement Lawyers

Running a business is hard work. You put your blood, sweat, and tears into making it succeed. But sometimes, despite your best efforts, business debts can pile up and feel overwhelming. If your Los Angeles business is struggling under the weight of debt, you’re not alone. Thousands of LA business owners face financial hardship each year. The good news is, you have options to find relief. Business debt settlement lawyers can help you negotiate, settle, and even dismiss some of your business debt. This article will explain how they can help relieve your financial stress.

What is business debt relief and settlement?

Business debt relief and settlement is the process of negotiating with creditors to reduce or eliminate your business debts. The goal is to settle accounts for less than the full amount owed – sometimes as little as 10-50% of the balance. Debt settlement helps provide financial breathing room so your business can get back on steady footing.

Business debt settlement lawyers are experts at negotiating debt relief. They contact creditors on your behalf and leverage various legal arguments and strategies to settle debts. Having an experienced lawyer in your corner levels the playing field against creditors and debt collectors.

What types of business debt can be settled?

Many types of business debt can potentially be settled, including:

  • Business loans or lines of credit
  • Past due vendor invoices
  • Commercial real estate loans
  • Equipment financing
  • Business credit cards
  • Unpaid payroll taxes

Even very old debts that have gone to collections may still be negotiable. The key is finding the right leverage to get creditors to budge. An attorney experienced in debt settlement law will know how to craft persuasive and legally compelling arguments.

What laws and defenses can business debt lawyers use?

Business debt relief lawyers use a variety of state and federal laws, legal precedents, and defenses to negotiate debt settlements. Here are some of the most common ones:

  • Fair Debt Collection Practices Act (FDCPA) – Prevents abusive collection practices
  • Statute of limitations – Sets time limits on debt lawsuits
  • Improper service of process – Creditors must properly notify you of lawsuits
  • Unconscionable contract terms – Courts won’t enforce unfair/deceptive terms
  • Usury laws – Limit excessively high interest rates
  • Bankruptcy code – Allows dismissing debt in Chapter 7 & 13 cases

For example, if a debt is past the statute of limitations in California, the creditor is barred from suing to collect. An attorney can leverage this fact to negotiate a favorable settlement. The right lawyer will know which laws and defenses apply to your specific situation.

What are the pros and cons of business debt settlement?

Debt settlement can provide immense financial relief, but there are some tradeoffs to consider:

Potential pros:

  • Settle debts for pennies on the dollar
  • Avoid bankruptcy
  • Stop collections calls and lawsuits
  • Reduce monthly payments
  • Improve cash flow
  • Relieve financial stress and anxiety

Potential cons:

  • Damage to business credit score
  • Tax liability on settled debt
  • Creditors may balk at settlements
  • Debt relief scams
  • Upfront and monthly fees

An experienced lawyer will explain these pros and cons so you can make an informed decision. They’ll also help ensure the process goes smoothly and no new issues pop up.

What does the business debt settlement process look like?

The specific debt settlement process can vary, but generally it involves:

  1. Reviewing all business debts and prioritizing accounts
  2. Analyzing legal defenses and settlement options
  3. Sending initial “demand letters” to creditors
  4. Negotiating directly via phone calls and letters
  5. Getting proposed settlements in writing
  6. Reviewing settlement terms closely before accepting
  7. Paying reduced settlement amounts from a dedicated account
  8. Filing for dismissal of any lawsuits
  9. Following up to ensure accounts are marked “paid in full”

This process takes strategic negotiating and legal expertise. An attorney experienced in debt settlement law will streamline the process and achieve optimal results. They’ll handle all the legwork while you focus on operating your business.

What should I look for in a business debt relief lawyer?

Not all lawyers are created equal when it comes to business debt relief and settlement. Look for an attorney with:

  • 10+ years experience negotiating business debt settlements
  • In-depth knowledge of relevant laws and defenses
  • A track record of successful settlements
  • No upfront fees – they collect a % of savings
  • Empathy and understanding of your situation
  • Strong negotiator but also ethical
  • Clear communication skills
  • Rapport and persistence with creditors

Also, make sure to verify they are licensed to practice law in California. Debt settlement scams are common, so vet attorneys carefully.

Could business debt settlement help my company?

If your Los Angeles business is overwhelmed by past due accounts, lawsuits, collection calls, or struggling with cash flow problems, business debt settlement may be a smart solution. An experienced attorney can relieve your stress and get creditors off your back – legally and ethically.

Don’t wait – the sooner you contact a business debt relief lawyer, the more leverage you’ll have. Settle your accounts for less than you owe, stop aggressive collections, and breathe easier as your business gets back on track. Debt settlement could be the fresh start your company needs.

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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In The Media

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