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

Invoice Factoring Cosmetic Store

Cosmetic Store Invoice Factoring

It’s a solution for financial matters where a company sells receivables to factoring businesses in replacement for immediate cash. Rather than waiting for payment from a customer, invoice factoring lets you obtain immediate working revenue for you to catch up on payments, fulfill payroll, sustain daily operating costs and develop your company with ease.
Here are some of invoice factoring benefits:
• Provides Immediate Cash
• Simple Transaction
• Based on Customers’ Credit
• You Don’t Have to Wait for Customer Payments
• Doesn’t Add Debt
Invoice factoring affords companies with the ability to get the immediate cash they require to not just operate their company but also to invest the money back into growth.
Factoring isn’t a loan so no debt is associated with it. The cash collected from invoice factoring will be based on the payment and credit history of a company’s customers and not the business.
That’s just one of the numerous benefits of factoring for businesses that may not qualify for conventional lending or do not wish to increase their debt.

Steps for Cosmetic Store Invoice Factoring

Receivable factoring or accounts receivable financing which is known as invoice factoring is a straightforward system. To begin with, a business enters into a contract with a factoring firm. The company carries out their work and produces an invoice as usual. Rather than sending the invoice directly to the customer, the invoices proceed to the factoring firm.
When the factoring business buys the invoice, it stores the invoice sum in advance right into the company’s bank account inside 24 hours. Generally, the advance is about 90%. When the end consumer fulfills the invoice, the factoring firm pays the leftover balance for a small fee.
Here are the steps to invoice factoring:
1. Finish work and billing as usual.
2. Forward the invoice to the factoring firm.
3. Obtain a cash advance off the factoring firm.
4. Customer gives the invoice to the factoring firm.
5. The leftover balance, except for a fee, is paid to you.

Loans and Lines of Credit vs. Invoice Factoring

Although a large number of businesses go straight to a bank if they need working capital, that process isn’t as simple or easy as you may think.
The process involved in acquiring business lines of credit or business loans can cost weeks or even months of your time. Even more, a line of credit or bank loan will generate debt on your balance statement. Banks utilize your business’s credit in order for you to qualify for the line of credit or the loan.
Businesses without credit or less-than-adequate credit scores can’t gain enough cash to grow or even maintain their company. Even if your company does indeed qualify, there is a restriction to the quantity you can access, which is another obstacle for your business’s growth.
Using invoice factoring, you don’t have to worry about any of that. It’s easy to get you approved for factoring in only 15 minutes. You’ll get approved for a factoring line based on your consumers’ credit and not your personal or company credit. You will have plenty of room for growth as this provides invoice factoring lines from amounts of $50,000-$20,000,000.

Cosmetic Store Invoice Factoring Arrangements

At the core of the relationship with a factoring firm is the factoring contract. This agreement is the arrangement among the factoring company and the client. These usually involve:
• The period of service
• The volume assurance
• The advance measurement
• The factoring fee

Time of Factoring Agreements

This term of the agreement changes depending on the program. Some are written for three months, others for upwards of six months and still more for numerous years.
We even provide contracts to specifically meet our customers’ requirements. Ensure that you ask your potential factoring firm questions and think about the contract thoroughly before signing.

Factoring Volume

Most contracts will involve a certain promise of volume. By being devoted to factor a certain amount of invoices, a business can obtain the maximum advances and best rates to fulfill their cash demands.

Advances from Factoring Firms

In the majority of cases, factoring businesses can advance you 70% or more of the invoice quantity. The quantity advanced is founded on a number of variables like your customers’ pay trends, volume and creditworthiness.
We offer competitive advance measurements. Contact us today to find out how much we can advance for you.

Factoring Fees

A factoring firm’s fees depend on items like the size of your invoices, volume, customer pay trends, your industry and additional variables. A limited amount of factoring companies bill a flat fee for the assistance while others might have a factoring fee and extra charges for additional support and administrative services they grant.
Make sure you read the fine print of the contract so you understand exactly what you’re being billed and always ask questions.

Kinds of Invoice Factoring Agencies

There are lots of different factoring businesses in North America. Deciding on the proper factoring company is crucial for the well-being of a factoring relationship. A factoring organization should meet the cash needs of your company and provide services that bring value to the factoring arrangement.

Factoring Generalist vs. Factoring Specialist

Due to the fact that invoice factoring has influenced many industries, businesses have become divided into either generalists or specialists. A factoring business providing financing for multiple industries is thought of as a factoring generalist. In almost all cases, factoring generalists hold client portfolios over many industries with the lion’s share of clients being smaller sized businesses.
On the contrary, a factoring specialist typically finances invoices with a specific industry in mind. For instance, a factoring business may factor invoices with a focus on staffing when the majority of the revenue arrives from the trucking market. Most of the time, the client portfolio is made up of smaller companies predominantly working in a single industry.

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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Delancey Street understands funding like no one else!
Steven Norris
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