It is common for small company owners and entrepreneurs to experience growing pains when they are developing their business models. In many cases, having access to cash is helpful for smoothing out rough spots. In many cases, getting access to extra funds could prove challenging. Delancey Street sees things differently than traditional lenders and provides Fremont Bad Credit Small Business Loans for companies of all types and sizes.
Our Service Offerings
Delancey Street offers a wide variety of financial services for small businesses including business lines of credit, small business loans, merchant cash advances, and other financial solutions. We work diligently with each business owner in Fremont so that we can understand their situation. With flexible financial solutions, we can help qualified borrowers secure loans as high as $2 million.
Advantages Of Our Services
Quick Approval Process
Access to funding within two business days
Flexible Payment Structure
All businesses welcome
Bad credit is acceptable
Funds can get used however needed
Our application process is simple. Perfect credit is not required. The funds made available through our financial services can get used to cover anything the company needs. Are you expecting a rush season? Use the money to buy new inventory, add staff members, or to make needed upgrades or repairs.
Quick Fremont Bad Credit Small Business Loans
Being able to get access to additional working capital through a business loan could be the cash infusion your company needs to get ahead. Regardless of whether you are trying to launch an expansion or you need to even out your cash flow to stabilize your company, you have options.
Before You Apply
Before you take any steps to apply for a bad credit loan, take a moment to assess your needs first. How much money do you need to secure? How will these funds get used? Have you exhausted all other potential financial sources? By answering these questions, you are making the necessary preparations.
Analyzing Your Credit
Ideally, small business loan applicants should have high credit scores to qualify for traditional bank loans and other financial services. In today’s modern world, credit scores get used to determine the terms of the loan, including the interest rate, repayment schedule, and the approved loan amount. Banks, credit unions, and other traditional lenders want assurance the money they loan will get repaid. A higher credit score signals that the borrower takes his financial responsibilities seriously, and he is a good credit risk. Further, higher credit scores help you qualify for commercial lending products and services at better rates and terms.
If your personal or business credit score isn’t perfect, take actions to repair the damages. In some case, this could be as simple as making sure that you pay all your bills on time. It is also a smart idea to review your credit report to check for errors or damaging entries such as collection accounts or liens. If you notice these types of accounts and don’t recognize them, contact the credit reporting agency. Ask them to investigate the entries. By removing inaccurate information, you increase your score over time.
Simplify The Loan Process
In some cases, you may not be able to wait for your credit score to improve to get access to working business capital. In these situations, working with a company like Delancey Street offers you the flexibility and the momentum you need to get ahead of your cash flow requirements. Instead of relying on credit scores to determine potential borrowers creditworthiness, we evaluate the overall financial health of the business. Companies with recent verifiable sales and processes credit cards often qualify for business funding. There is no reason to fail just because of a bad month or unexpected expenses!
Solve Your Cash Crunch Problems Quickly
Need access to working capital quickly? Delancey Street is here to help!