how merchant cash advance can benefit a real estate business

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

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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.

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

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

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

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

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

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

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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.

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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

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how merchant cash advance can benefit a real estate business

Merchant Cash Advance
A merchant cash advance does not work like a traditional small business loan. In fact, it’s not classified in the financial industry as a loan. A merchant cash advance is a cash advance, which means you must repay the money you borrow in quick installments. This is a fast financing option, but it’s not for everyone. This type of lending is for those who simply do not have the time to qualify for a traditional small business loan, for those who are not able to secure a small business loan, and for those who have bad credit and cannot secure funding in another manner. Here’s everything you need to know about a merchant cash advance before you apply for one.

What is a Merchant Cash Advance?

A merchant cash advance is a form of borrowing that’s unlike a loan. The major differences lie in the amount of time it takes to have cash in hand, what you need to qualify, and the repayment options. To qualify for a cash advance, you don’t need to have nearly the amount of paperwork you need to qualify for a traditional business loan.

– Bank statement
– Credit card processing statements
– Credit score
– Business taxes
– Driver’s license

A merchant cash advance lender will give you the money you need with this information, which is easy to secure without spending too much time going through your files and records. A traditional loan requires you have a great credit score both professionally and personally. It takes time to create a good business credit score, and many people who have a younger business are unable to qualify for a loan simply because they have not been in business long enough.

The other major difference between a cash advance and a loan is the repayment situation. If you secure a traditional loan, you pay a monthly payment for a number of years. This amount and the years in which you make your repayments are set before you get your cash. Your payment never changes, but you do have the option to pay off your loan early for a lot less. If you’re able to make higher monthly payments, you can pay off your loan faster and cheaper.

A cash advance does not work this way. You never know what your payment will be, and you don’t know how long it will take you to make your repayments. Your payment is made daily to your lender based on your daily credit and debit card sales. The agreed upon interest rate is applied to your everyday sales, and that’s how your payment is made. Your payment is rarely ever the same. If you have lower sales one day, you’ll make a lower payment that day. The good news, however, is that a slow week doesn’t mean you cannot afford to make your payments.

The length of time it takes to repay this cash advance varies, too. It could take you three months if you make significant credit card sales each day. It could take you as long as a year to make your repayments in full, and most lenders don’t reward you for making an early repayment. They still require you pay the interest, and the interest rate can reach into the triple digits.

When Should I Consider a Cash Advance?

If you don’t qualify for a small business loan, it’s time to consider a merchant cash advance. If you have a new business, you may not qualify for a loan. If your personal or business credit score is low, you will not qualify for a loan. If a bank doesn’t feel that your business plan is good enough, they may deny you a loan months after you began the application process. This is when you should consider a cash advance.

A cash advance lender is not overly concerned about your credit score, and they’ll consider you for a cash advance even if you have poor credit or no business credit at all. However, you must be aware that the rate you pay will be very high. It can reach as high as the triple digits, which can make the repayment options so expensive your business will not grow. If you cannot secure cash in another manner, this might not be a good idea if you cannot get a rate that’s affordable. It’s a quick way to end up further in debt and in a borrowing cycle you cannot break.

A merchant cash advance can save you when you need funds fast, but it can also be detrimental to your financial situation if you’re not aware of what you’re getting yourself into. This form of borrowing is expensive, but it can be helpful if you know how to approach borrowing.

Do you need a small business loan?

Apply now