GRP Funding

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

GRP Funding

The Merchant Cash Advance is known to many as a description for a variety of small business financing options. These options are characterized by 24-month long payment terms rather known as short payment terms as well as regular terms of payments which are paid every business day. This differs from what the typical bank offer on the payment of their loans. However, when the Merchant Cash Advance concept was being developed, the idea was the provision of a lump sum of payment to small or large businesses in exchange for a certain percentage of the business’ future debit or credit card sales or both. The percentages were to be agreed upon by the financiers and the business owners.

An understanding of Merchant Cash Advance
There are basically a group of companies that are referred to as Merchant Advance Cash Companies. These companies work on the basic aim of fund provision to companies which are later expected to pay back in the form of business daily credit income which is obtained directly from the processors by the financiers at an agreed upon percentage in order to clear the debt. The payments are deducted from the company’s customers’ debit or credit cards on a daily basis. For these reasons, businesses do not refer to money from Merchant Advance Cash companies as loans but rather as a sale of a part of the company’s future credit or debit card or both sales.

Methods of repayment for Merchant Cash Advance
Split Withholding
There are three main methods of payments that Merchant Cash Advance companies accept. The first one is known as split withholding. What happens in this method of payment is that, when the company is processing either or both debit cards or credit cards belonging to their customers, the sale is split between the company and the financier according to a percentage they agreed on. This payment method is the most common for this form of financing.

Lock Box
The other one is the trust bank account withholding also known as the “lock box.” Here, the company has to deposit all its credit card and debit card sales into a single bank account controlled by the financier. The financier then deducts their payment and forwards the rest to the business. This is less convenient for the businesses as they have to suffer a one-day delay between sending and receiving the money.

ACH withholding
The third mode of repayment is the ACH withholding method. Here, when a sale occurs, the financiers receive the processing information of every single credit and or debit card used in the sale and deducts its payment portion directing from the customers’ checking accounts.

The upside to Merchant Cash Advance
Perhaps among the greatest benefits of using these forms of financiers is that the unconventionality of its structure also means that the amount of payment made to clear the debt can differ according to the amount and quality of sales the company makes. This means that during a low selling season, the amount given to the Merchant Cash Advance is also low hence does not cause constraints on the company making the payments.

The other advantage is that the Merchant Cash Advance pay more attention to the performance of the business which it is financing as opposed to the credit of the owner of the business. This is because the payment of the loan is directly linked to the performance of the company and its daily sales as opposed to the money made by the owner of the business.

Another upside is that Merchant Cash Advance is generally processed faster than regular loans. This allows the borrowers faster access to money at almost the exact time they need it.

The downside to Merchant Cash Advance
Because they do not operate like regular loaners of financiers like banks, the Merchant Cash Advance Companies are not limited by state laws on lending. Therefore, they do not submit to a regulated amount or percentage of interest rates allowing them to operate in a market that is by far largely unregulated and untamed. This disadvantages the companies that seek finance from these companies since their interest rates are high and vary depending on the stature of the company they are financing.

The growth of the Merchant Cash Advance industry
Over recent years, the Merchant Cash Advance Industry has been recognized as one of the fastest growing industries. The industry offers funding and financial aid amounting to a minimum of three billion dollars to small businesses annually. This industry hosts an annual conference known as the Broker Fairly where small businesses are educated and trained on the concept of Merchant Cash Advance. The conference is usually held in New York and allows attendees the chance to network with financiers as well as other businesses.

Do you need a small business loan?

Apply now