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.

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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

Why does the los angeles hard money lender need title insurance?

Why does the los angeles hard money lender need title insurance?

If you’re considering getting a hard money loan in Los Angeles, then you might be required to get title insurance. Hard money lenders work, and act, in a similar manner as traditional mortgage lenders. Some aspects of real estate investing and commercial lending are similar to buying a home. In both cases, someone wants to borrow money – and someone wants to lend money. It’s important in both business and residential transactions that both parties protect themselves.
If you’re getting a hard money loan, you’ll need to get title insurance. This is a key process. This protects everyone. Title companies provide a title commitment and tax certificate up front. This lets all parties know if there’s any existing liens against the property, or if any taxes remain to be paid. Lenders want to make sure there aren’t any issues when they give money for a transaction. In addition, this guarantees a lender that the loan is safe. The title insurance provides that safety.
Title insurance is a form of indemnification, which protects the holder from any losses sustained from issues in a property’s title. The most common type of title insurance is lender’s title insurance. With this, a borrower purchases it to protect the lender. Owner’s title insurance, which is paid for by the seller to protect the buyer’s equity in the property – is available in a separate transaction.
When getting a Los Angeles hard money loan, title insurance protects real estate owners and lenders against any losses, or damages, that occur from liens, encumbrances, defects in the title, or from issues with property ownership. Unlike normal insurance, which protects against future events; title insurance protects against claims for prior issues. Such claims can include things like property ownership by another party, fraud, or forgery of the title documents, lawsuits, loans, etc.
Having no title insurance will expose all the parties in the transaction to significant risk in the event there’s an issue with the title. Without title insurance the financial burden for the claim rests solely on the buyer. The title insurance with hard money – protects the buyer.
What is title insurance: It’s an insurance policy which protects the buyer against losses in the event title to the land isn’t valid. It’s insurance
Why do I need it: This protects the los angeles hard money lender. The lender might insist on it, because in the event there’s a defect with the title his/her investment is protected. Title insurance even includes coverage for things like legal expenses which are necessary to investigate/litigate a future claim.
What does title insurance cost: The cost will vary depending on the value of the property. The important thing to remember is you only pay it once, so it’s a cheap investment – especially if the Los Angeles hard money lender is insisting on it. If you die, the coverage automatically continues for the benefit of your heirs. The coverage continues as long as you have an interest in the property. If you sell your property, giving warranties of title to your buyer, the coverage continues.
If the lender gets title insurance for its mortgage why do I need one: The lender’s policy covers only the amount of the loan, which isn’t usually the full property value. Getting title insurance will protect you for the full value of the property.

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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