Macon-Bibb County-Georgia

We empower entrepreneurs, real estate investors, and businesses of all sizes challenge the status quo. We take risks on the go-getters, and do’ers – who have an opportunity and need a partner.At Delancey Street, we invest in people and their ideas – not abstract concepts like credit scores, or other financial metrics. Tell us about your idea, let’s discuss your opportunity

1

High LTV

We fund hard money loans up to 80-90% LTV with no issues.

2

Fast

We promise to treat you like a partner

3

No $ Limit

No limits on what we can do for you.

Business Funding

Our client was a trucking company based out of NY, that needed quick funding. In 24 hours, we arranged $100,000 in funding.

Raised
APR
ARV
700,000
9,0%
60%
100% Funded!

Residential Refinance

We funded a purchase in California, for $1.2 million with 65% LTV. We helped the developer with with a 11% loan with balloon payment.

Raised
APR
ARV
1,200,000
11%
82%
100% Funded!

Lawsuit Funding

Client was injured in a car accident and needed a cash advance on the future value of his lawsuit. In 48 hours, our funders wired funds over.

Raised
APR
ARV
830,000
8,99%
75%
100% Funded!

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)

Industries We Service

Cannabis
Residential Real Estate
Commercial Real Estate
Startups

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

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 builders, developers, hard money lenders, and entrepreneurs. We understand your project 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.

Hard Money Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification Project and LTV matter. We don’t care about your credit.
Maximum LTV 80-90%
Loan Terms 12-48 Months

It’s Simple

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

Get pre-qualified

  • Looking to purchase a property
  • No obligation and no effect on y
Get pre-qualified today

Macon-Bibb County-Georgia

Is a Hard Money Loan Right for You?
When a traditional loan does not seem to be an option a hard money loan may come up as an alternative. Hard money loans are made based on the value of the home buyers property rather than their ability to repay. This type of loan is not ideal for everyone, but can be a useful financing tool in certain situations.

How they work:

Hard money loans are based on collateral. This means that if the borrower defaults, the lender is able to get their money back by selling the collateral. Unlike traditional loans where the individual’s financial position is most important, the value of the collateral takes precedence in these situations. Hard money loans are typically offered for short periods of time (around 12 months). Rather than making equal payments every month, they allow individuals to make only interest payments. Along with these short lengths, benefits of hard money loans include quick financing and a short and simple application process. Because of this they are often attractive options for real estate investors.

How they differ from traditional bank loans:

Hard money loans are vastly different from traditional bank loans. As mentioned earlier, one of the biggest differences is that they are based on collateral rather than an individuals ability to pay the lender back. They also have much higher interest rates and shorter repayment periods than traditional bank loans. The approval and application process is often more simple and quicker than that of a traditional bank loan.

What are Typical Interest Rates?:

Many individuals avoid hard money loans because of the high interest rates they charge. It is not uncommon for interest rates on a hard money loan to range from 10-15% (https://retipster.com/hard-money-101-everything-need-know-getting-started-hard-money-loans/). While the rates are high, the benefit is that they are charged for a short period of time. Along with interest rates, there are also fees to consider with a hard money loan. These may include loan origination fees, underwriting fees, prepayment penalty fees and others. Be sure to ask the right questions and shop around between lenders when considering these fees.

Types of Hard Money Loans:

There are many types of hard money loans that are used for different purposes. Some popular options include:

Owner-occupied loan: This type of loan is often an option for homeowners who are purchasing a new home that they plan to live in rather than use it as an investment property (https://firstbridgelending.com/first-bridge-owner-occupied-loans/).

Bridge Loan: This type of loan is often used until an individual gets permanent financing or removes a current obligation (https://www.investopedia.com/terms/b/bridgeloan.asp).

Construction Loan: Construction loans are used to finance the building of a home. They cover the costs of building the home before long-term financing is obtained (https://www.investopedia.com/terms/c/construction-loan.asp).

Fix-and-flip loan: This type of loan is often used to purchase and renovate property that the buyer intends to renovate and resell (https://fitsmallbusiness.com/fix-and-flip-loans/).

Is a Hard Money Loan Right for You?

Hard money loans are certainly not for everyone, but can often be useful financing tools for real estate investors. They are quicker and often easier to obtain than traditional loans, which often makes them a good fit for individuals who either have a poor credit score, or need money quickly.

Before deciding to take out a hard money loan, it is important to do your research. Come up with a plan on how you will pay off the loan and be prepared to share that with your lender. To find a hard money lender who is right for you, research lenders in your area who lend money based on collateral. Real estate investor groups are a great source for this information.

Hard Money Loans

Need funding for your next project?

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