DELANCEY STREET

Here's Who We Are

We're a Direct Lender

We’re a direct lender who funds small business owners nationwide, regardless of industry, credit, or time in business. We fund it all. GUARANTEED.

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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.

Apply

Use our online form or call toll-free anytime to get started. There's no cost, and the application takes only three minutes.

Approval

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 Funded Business

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.

Apply Online

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

Bakersfield Fix and Flip Lenders

Bakersfield Fix and Flip Loans

Delancey Street provides fix and flip loans to real estate investors in Bakersfield, and the greater Kern County. We can provide funding for your next project, regardless of the amount, and regardless of the length of the loan.
Smart real estate investors are eyeing fix-and-flip opportunities in Bakersfield, CA. Bakersfield offers all the benefits of Southern California, like sunshine, warm weather, and beautiful mountain peaks, while giving residents freedom from L.A. traffic, smog, and expense. Even more importantly for the fix-and-flip investor, its economy and real estate market are surging.
Bakersfield is growing, and so is its demand for updated homes. That means big money for fix-and-flip properties. Many Bakersfield homes need work, and that means they’re low priced. Enterprising real estate investors are making a killing buying these homes, completing the rehab and renovations, and flipping them onto Bakersfield’s hot housing market.
What’s the best way to profit from this trend?
Investors are making big money in Bakersfield with fix-and-flip loans. Unlike conventional mortgages, fix-and-flip loans are designed for buying investment homes that need work. The entire purpose of the loan is to renovate a home and sell it quick for maximum profit. Does that sound like what you need?
If you are in the real estate business to make big money quick or thinking about getting in on the fix-and-flip opportunities in Bakersfield, it is the only way to go.
How fix-and-flip loans differ from traditional mortgage loans
Fix-and-flip loans are about the investment opportunity. Lenders designed traditional mortgage loans for families who want to buy a home and live in it for a long time—usually five years to several decades. Looking at the loan from this perspective, the lender is primarily concerned with the borrower(s), not the property. Sure, the traditional lender wants an appraisal, but that’s usually a formality. The lender really cares about whether the borrower can afford the payments and if borrower will have a stable income stream to keep paying for many years into the future.
Because of this, the traditional lender looks at income, job history, and credit score. If the borrower meets the lender’s criteria on these counts, then the lender doesn’t care a whole lot what house the borrower buys. So long as the house fits the price range the borrower qualifies for, the lender is happy to give the loan.
Fix-and-flip loans take the inverse perspective. The borrower’s income, job history, and credit are out the window. The lender often doesn’t even look at them. Why does the fix-and-flip lender avoid using these criteria? Because they have no impact on a short-term, fix-and-flip loan.
A fix-and-flip loan is designed for a very short term, usually less than a year. The term is based on the length of time needed to renovate the home and sell it. The fix-and-flip lender has no interest in whether the borrower can pay on the loan for the next three decades. What matters is whether the borrower can make a profit.
A fix-and-flip loan is about the deal, not the borrower’s credit. The approval criteria consists primarily of the cost of buying the property, the cost of renovating the property, and the sales price after repairs. The lender calculates these numbers and determines if they add up to a profit. If it’s a money maker, the loan’s a go. If not, the lender turns it down because a loan on a losing deal puts the lender at risk.
How to apply
If you are in the fix-and-flip business, you need to locate a Bakersfield hard money lender you trust. Success depends on having a lender that is experienced in this type of loan. Speed matters when it comes to fix-and-flip loans. The competition won’t wait. Neither can you.
First step, locate a Bakersfield fix-and-flip lender with expertise in the Bakersfield market, like Delancey Street. Then find your winning deal and get your loan application in right away. Lender’s like Delancey Street approve loans at lightning speed. They do this because your completion are also trying to get hold of the same property. Expert Bakersfield hard money lenders know if you have a winner, and if you do, you get the green light and the property before your competition.

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.

"Super fast, and super courteous, Delancey Street is amazing"
Leo
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
Jason
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
Mary
$250,000 Hard money Loan

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
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