Lendza vs Reverzz Loans

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

Google Rating

5 Stars

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)

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.

Trusted

We're frequently interviewed by major media organizations.

Easy Application

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

Service

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

Experts

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

Customized

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

Universal

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

Nationwide

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

Honesty

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.

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 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

  • Apply today and we'll tell you what you qualify for
  • No obligation and no effect on your credit score
Get pre-qualified today

Lendza vs Reverzz Loans

Getting a small business loan for your small business is absolutely vital to its survival. No matter how much cash you have on hand, a small business loan can help deal with all of the unexpected expenses that come with running your own business. One of the main reasons that many small businesses fail is because they don’t have the cash that they need to function on a regular basis. They don’t have the monetary means to handle the day-to-day issues that come up with running a business. Before they know it, they’re broke and their businesses have folded.

Main Reasons That You Need a Small Business Loan

When you’re running a small business, there are many many reasons that you’re going to need quick access to cash. They include the following:
You need the money to hire employees
Although many small business owners start out by trying to do as many jobs as they can by themselves, they quickly realize that they’re going to need help if the business is going to be sustainable. Because they didn’t account for additional personnel in their budgets, they end up becoming financially strained. A small business loan could help cover the cost of hiring an extra person.
You need to buy equipment
No matter how prepared you are when it comes to buying equipment for your business, there’s always going to be a better, more efficient piece of equipment that could make your business run even better. If you haven’t set aside the funding for that, you going to be in a tight position and run the risk of falling behind your competitors.
You need to expand your business in order to remain competitive
In order to remain competitive in a tight market, many small business owners realize that at some point they have to expand. If you don’t have the capital to do that, you’ll be putting yourself at a disadvantage.

How to Qualify for a Small Business loan

Now that you understand how important a small business loan is to a small business, it’s also time to learn that small business loans are extremely difficult to get. Many lenders require an income eligibility threshold that is roughly 1.25 times your expenses, and that includes the repayment amount. This is a high threshold for anyone to meet, let alone a struggling new business. Lenders have extremely high lending criteria that you must meet before they’ll even sit down to discuss a loan with you. The following tips can help increase the chances of you getting a small business loan.
Bank loan
Bank loans require extremely high business and personal credit in order for a small business to qualify for an SBA-backed loan. If you’re going to go this route, make sure that you have:

  • A minimum credit score of 680
  • A minimum annual revenue amount of between $50,000 and $150,000.
  • Proof that you’ll be able to repay the loan, meaning that your income will need to be 1.25 times your operating expenses, including the new repayment amount that you’ll be responsible for.

Microlenders
Micro lenders are a great option for very small companies. They usually extend short-term loans that amount to less than $35,000. Their APR tends to be higher than bank loans, but they could be useful if you’re trying to stem a temporary cash deficit. Bring detailed business plans and financial statements to prove your case.
Online Lenders
Although these are considered a last resort, online lenders may be helpful for small businesses who have exhausted other options. These lenders have extremely high APR, sometimes as high as 108%, making it difficult for some small business to make timely payments before the debt is fully due. On the upside, these loans come through very quickly, usually within 24 hours. If you’re going to go this route, be extremely disciplined with paying the lender back so that you don’t find yourself stuck in serious debt.

Do you need a small business loan?

Apply now