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.

Apply Now

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 Import and Export

A factoring company purchases another company’s open receivables because the business needs an immediate sum of money. By working with a factoring company, the company selling its receivables does not have to wait to receive payment from its customers. The factoring company makes it possible for the company that is selling its receivables to be able to pay its bills, make payroll and purchase inventory for the business.
The Benefits of Factoring Companies
The benefits of factoring companies include the following:
• These are simple transactions.
• The company receives an immediate sum of money.
• The money received is based on the money that customers currently owe the company.
• The company does not have to take on any more debt.
Invoice factoring also goes by the name of “receivable factoring” and “accounts receivable financing.” The first thing that a company must do to obtain this type of financing is contact a factoring company to begin the process. When a customer makes a purchase, the business will create an invoice for the factoring company rather than the customer. The factoring company will purchase the invoice and place an advance on the invoice total into the company’s bank account within 24 hours. In most cases, this amount will be approximately 90 percent of the total. The customer will pay the factoring company, and the factoring company will pay what is left of the balance minus a fee to the original company.
The Difference between Invoice Factoring and a Traditional Bank
Many people resort to applying for a loan from a bank when they need money for their businesses, but this isn’t easy for everybody. These people do not always have the weeks that it usually takes to be approved for business loans and business lines of credit. Sometimes, it can even take months! In addition to that, taking out a business loan or a business line of credit adds to the company’s debts.
It can even be hard to qualify for a business loan or a business line of credit because banks check a company’s credit scores before they approve a business for a loan. If the company has a low credit score or doesn’t have any credit at all, the bank will deny the loan, and the business cannot purchase what it needs to make its business grow. Sometimes, the bank will grant the company a loan, but the company may not be able to receive as much money as it needs. This will also prevent a business from growing.
Invoice factoring can keep you from experiencing the unpleasant scenarios described above. It will only take about 15 minutes to approve you for an invoice factoring loan, and your approval will be based on your customers’ credit rather than your own credit or your company’s credit. You will be able to receive plenty of money to do whatever you need to do for your business because a factoring company can offer you between $50,000 and $200,000.
The Terms of the Contract
In order to start a relationship with a factoring company, you must first enter into a factoring agreement. You and the factoring company will determine the contract’s terms. You can have a term that only lasts three months if you like, but if you need a longer term, you can choose six months. Some people have even been able to obtain a term of several years. It’s also possible to negotiate a month-to-month contract. Before you sign it, make sure that you take the time to read it thoroughly.
A factoring company will want you to commit to a set number of invoices. By doing so, you can receive the lowest interest rates and the maximum amount of advances. You may be able to receive 70 percent of the invoice amount. Sometimes, you can even obtain 100 percent, but this will be based on the creditworthiness of your customers, your volume and your pay trends.
Fees
As can be expected, you will be charged fees for this service, but they will depend on your number of invoices, customer pay trends and the industry that you are in currently. Some factoring companies will charge a flat fee, but others will charge a fee along with fees for administrative and support services. Don’t sign the contract until you know exactly which fees you are paying and the cost.
The right factoring company for you is the one that can offer you the sum of money that you need to meet your obligations. It should also have other services that will benefit your business. You may wish to do business with a factoring generalist that provides factoring services to people in all types of industries. A factoring specialist will only provide financing services for people in the same 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.
10 Essential Mobile Apps for Small Businesses on the Go

Today, businesses do not require a brick and mortar location…

10 Indicators Time to Expand Your Business

As an entrepreneur, you are always looking for the next…

21 Overlooked Small Business Tax Deductions You Need To Know

Small businesses owners are often oblivious on how much money…

WHAT ARE Asset-Based Loans?

What is an asset based loan? An asset-based business line…

101 Things you need to know before you apply for an SBA loan

101 Things you need to know before you apply for…

Delancey Street understands funding like no one else!
Steven Norris
Get Funding Today

Ready To Get Started?

If you have questions, feel free to shoot us an email, or fill out our live chat.

Apply Now