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

Jewelry Stores Small Business Loans

Jewelry Stores Business Loans

If you are applying for your first business loan, you need to prepare both mentally and physically. That kind of preparation will make the process as painless as possible. Let’s go over what is involved with getting a small business loan.
Considerations Before Applying for a Jewelry Stores Small Business Loans
Don’t start filling out the business loan application yet. You need to consider a few things before you submit any type of paperwork.
Why do you need financing? You need firm plans for how you are going to use the financing and how you are going to repay it.
Is a small business loan right for your company at this time? Small businesses have many options for obtaining financing including credit cards, invoice financing, angel investors, or business loans.
Credit Is Key
Lenders who offer SB loans need reassurance that you will use the money as intended and pay it back promptly. That is why the credit scores for your business as well as personal finances are key to getting a loan.
Understanding your credit scores and working to improve them will increase your chances of a successful loan application.
More About Your Business Credit Score
Keeping business accounts separate from the start makes it easier to build your business credit. The separation also avoids confusion and keeps personal financial issues out of your company’s business.
How does your business credit translate into your business score? There are three different companies that calculate credit scores for business: Dun & Bradstreet, Experian, and Equifax. All of them put a strong emphasis on making payments on time to creditors.
How Your Personal Credit Score Affects Your Jewelry Stores Small Business Loan
Small business loan lenders look at a borrower’s personal creditworthiness in the application process. They want to know that the business owner is responsible with their own personal finances, as that is an indicator of how they manage their business finances.
You are likely familiar with your personal FICO score and even your VantageScore. Both scores rank consumers on a scale between 300 and 850. The higher the score, the better. The biggest factor in determining that score is payment history.
Improving Your Credit Scores
Before you take action on your credit scores, you first need to know what they are. You need to get your personal credit reports from the three major credit bureaus: Experian, TransUnion, and Equifax. You are allowed to get a free copy once a year. To retrieve your business credit history, visit Nav or CreditSignal.
Your credit reports show you where you can improve things. Use these three tips to improve your credit score quickly.
Look for errors on each report. If you find a mistake, report it to the credit bureau. They will investigate the situation and remove it if they find it was an error.
Get past due debts caught up. Contact your creditors and pay the debt down. The lower you get the balance down the better your credit score will be.
Get rid of tax liens. Unresolved tax debts are a major red flag to small business loan lenders. Ask for a payment plan or pay the total off completely.
Use these tips to improve your credit over the long term.
Keep your credit utilization below 30%. Ideally, your utilization should be below 10%, but 30% shows you pay your debts but don’t rely on debt for basic needs.
Don’t close an account that you pay off. This will lower the amount of credit available which lowers your credit scores.
Mix up your credit. If you can afford it, add another type of credit to the mix. A personal loan or a mortgage loan shows that you can use your credit wisely.
Don’t open several accounts in a short amount of time. From a lender’s perspective that may indicate that you are trying to raise funds quickly.
Use a credit monitoring service. You need to know what your credit standing is at all times.
Create a Solid Use Case
Lenders want to know how you intend to use the funds you receive with a small business loan. Being as specific as possible makes this easier. You need to outline how much you want to borrow and why.
Create a plan for how you intend to use the funds. Outline the reason why you need the loan and estimate the cost of everything you want to use the funds for. Let’s say you want to buy a new piece of machinery for your business. You should outline how much it will cost to purchase and any costs associated with installing and running it. You need to estimate how much revenue the machine will produce. Outline how you came up with your estimate.
Know Your Financial Statements Inside and Out
Your business’s financial statements show how well your company is doing. You need to include an income statement, a balance sheet, and a cash flow statement.
These financial statements will tell you where you are making money, where your primary costs are and if you are making a profit.
If your company is not making a profit, or if you want to improve your profitability, create a plan for how you intend to reach your goals. That information will give you a stronger case for your loan application.
Get Your Jewelry Stores Small Business Loan Documentation Together
With all the homework you did with examining your credit scores, building your use case and examining your financials, you are ready to start your business loan paperwork.
Lenders will want to see your financial statements for at least the past two years. You will need to provide copies of at least one year’s tax returns. You will need to provide a list of who owes your business money and to whom your company owes money.
The Jewelry Stores Small Business Loan Lender’s Offer
If the lender is satisfied with your loan application, you will receive a loan offer from the lender. The offer will show how much the lender is willing to loan you. It will also outline the APR and the interest rate.

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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