Greenbox Capital Merchant Cash Advance

Small business owners can use loans to grow their business. You can use the funds however you wish.

1

Cover Expenses

Pay for any unexpected expenses that arise using our business loans.

2

Invest in your business

Use the business loan to grow your business however you wish.

3

Liquid

Keep the cash on hand for future expenses.

4

Payroll

Use the business loan to pay your employees.

5

Equipment

Buy new equipment to grow your business.

6

Staff

Use the business loan to hire new employees.

We Fund Fast

24-48Hrs

Loans up to

$ 10 Million

Google Rating

5 Stars

PARTNERS FIRST.
LENDERS SECOND.

Hear from people we've helped

Delancey Street makes lending easy. They took a chance on me when no one else would.

Leo kovacz

Founding Partner (Zooomr Car Leasing)
Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would and helped my...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

Delancey Street Can Help
with Small Business Loans

We're committed to building relationships and helping people all over the USA get access to the RIGHT loan for them. Regardless of your credit, or the riskiness of your industry.

Trusted

We're frequently interviewed by major media organizations.

Easy Application

All it takes is one application, and we handle the rest for you.

Service

Service is key. You can ask for advice on ANYTHING and we'll bend over to help.

Experts

Many of our team members are former business owners, and understand your challenges.

Customized

We customize each loan for you, and to your unique specs. Everything is customized.

Universal

We help virtually any industry, any business, anywhere in the USA. It doesn't matter.

Nationwide

We fund business loans nationwide. It doesn't matter where you are, we can help you.

Honesty

This is crucial, and critical. We are 100% honest with our clients, and never strive for less.

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

We’re here to answer your
questions. Contact us anytime:

Minimum Qualifications Requirements

Delancey Street’s team consists of former business owners, and entrepreneurs. We understand your business has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Business Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification 3 months in business minimum. Credit isn't a huge issue.
Maximum Loan Amount $5 Million
Loan Terms 6-24 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get funding today

  • Apply today and we'll tell you what you qualify for
  • No obligation and no effect on your credit score
Get pre-qualified today

Greenbox Capital Merchant Cash Advance

Understanding Merchant Cash Advance
Traditional bank loans have been popular with businesses for a long time. However, may issues have arisen concerning these types of bank loans. With the growing market place, changing ideas and diversity in market transactions, traditional loans have grown more complex, too detailed and banks have become pickier in selecting a candidate for a loan. More often than not growing businessmen have been left out in accessing these loans.

Enter, Merchant Cash advances. This system of loans is also called factoring. It was developed to become traditional bank loans’ alternative. These advances aim to boost growing businesses by offering easier ways of acquiring finances. The companies offering Merchant Cash advance believe that lack of money should not be a hindrance to business success.

Advantages of Merchant Cash Advances over Traditional loans
Merchant cash advances are very distinct from traditional loans. While banks offer loans, they do so in a much slower manner. Due to their manual nature, it could take over a week to secure a loan with a bank. With Merchant advance, it takes only 24 hours and a maximum of 48 hours to get the money. This is because the process is short. It entails filling an online form, and the requirements for approval are not many, so it takes less time. The short time it takes is beneficial to its clients who often require urgent resources to run their businesses.

Merchant Cash advance also require very little requirements to qualify, unlike banks which require a lot of formalities. Banks may require businesses to fulfill countless standards including having viable security or collateral, tax compliance forms, good credit ratings, good business turnover and many more. Failure to meet these requirements jeopardizes one’s chances of getting the much-needed cash flow. Cash advance only requires that a company or business is over six months old, uses credit card sales and that these sales should be of 4000 to 5000 USD consistently. One should also give reasons as to why they deserve the advance. It is, therefore, easier to qualify. These are simple requirements that favor business people from all sectors of the economy and at different points of business growth.

Merchant Cash Advances follow a very easy process to acquire. As stated earlier, one only needs to fill an online form giving details and then wait for approval and the money. This saves time as well as one’s effort. This is because, in traditional loans, one has to go through cumbersome processes of filling and signing forms, obtaining various documents among other processes. This aspect of Merchant Cash advance has made it popular since people are on the look for convenience and therefore prefer non-stressful methods of getting whatever they need

Repayment of merchant finance is fundamentally different from that of traditional loans. While traditional loans require payment of lump sums over a period of time, merchant cash advance uses a method where a little amount of money is deducted daily, weekly or monthly from credit card sales. This process is fully automated; therefore the client does not have to worry about planning payments, signing cheques or visits to the bank. The little deductions also relieve the client from worries of the struggle to obtain a large amount of money in a limited time. The amount deducted is calculated depending on the clients projected sales. It is not a one size fits all; therefore, clients are assured that their interests are well taken care of.

Unlike bank loans, Merchant Cash advances are flexible. The client can use the money acquired for any function in his or her business, be it financing daily running of the company, settling the payroll, expanding operations or even hiring new employees. Some traditional bank loans set the purpose for the loan given, and the client should stick by it. If. It is expanding the business; the client cannot use the funds for anything else. This restricts them. Merchant advance is, therefore, the best alternative for any business.

Disadvantages of Merchant Cash Advance
Merchant Cash advances are very enticing. Everything has its weaknesses. These types of loans are quite expensive. This is a cost that one pays for getting funds at such a short amount of time. Here rates can rise to 30%, which is high despite the fact that it is paid in small amounts.

The cash advances also have an effect on the cash flow of the client. This is because payments are deducted from the credit card sales. This effect will be felt especially when the deductions are set to be done daily. It is therefore advisable that one should not take a merchant advance loan if the business is failing this is because, after the deductions, one might be left with very little or nothing at all to sustain the business.

Merchant Cash Advance is very beneficial and convenient for business people. It is however important that one understands the inner workings of the advance before committing to it. When one does this, he or she is sure to reap its benefits and avoid its harsher consequences.

Do you need a small business loan?

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