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

Michigan Small Business Loans

Starting a new business venture is an exciting time in every entrepreneur’s life. It offers the chance for people to pursue their passion and create opportunities for employment and growth in the communities they call home.
With all of this excitement often comes the need to secure small business financial services such as a business loan, or an alternative financial solution including invoice factoring or a merchant cash advance.
Often, getting a capital infusion is the just the thing that growing companies need to take their business to the next level. Especially if the business is experiencing rapid growth and needs to focus free cash flow on buying inventory, advertising campaigns, or stabilizing available resources during slow business periods.
Business financing using small business loans
It is always a smart idea for entrepreneurs and small business owners to investigate small business loans. Small business loans are available from a variety of financial service providers including credit unions, as well as local, regional, and national banking institutions. Small business loans may also get processed through the SBA (Small Business Administration.) Regardless of the financial service provider, here are some things you should understand before starting the application process.
What lenders expect from borrowers
The most important thing that lenders expect from potential borrowers is that they will get paid back as per the terms of the loan agreement. To decide whether or not a borrower is creditworthy, lenders that offer small business loans rely on the credit score of either the company itself or the borrower who is taking out money on behalf of the company. Alternative lenders, such as merchant cash advance and invoice factoring companies instead rely on the companies recent financial statements to decide on whether to lend.
Entrepreneurs who are seeking a small business loan can avoid frustration and wasted time by understanding the loan process. Part of this is making sure that they have all the documents the lender requests, as well as being able to answer any questions the loan officer has about the nature of the loan. Additionally, traditional credit unions and lending institutions will access potential borrowers credit file and credit score to evaluate their current financial situation. To increase the chances of getting a small business loan, lenders prefer to work with borrowers who have a credit score of 700 or above.
Steps to take to improve your consumer credit score
If your credit score is 700 or lower or you want to qualify for better rates and terms, follow these easy steps to improve your credit file and increase your credit score.
Don’t be late or miss payments with your existing creditors – It should come as no surprise that lenders want potential borrowers to show a reliable payment history with creditors. Payment history is a reliable indicator of whether you honor your payment agreements. Potential borrowers who show late or missed payments will likely have a harder time securing small business loans. If they do, the chances are good that the credit will come with less favorable terms and rates. If you have had missed or late payments in the past, the most logical thing to do to minimize the effects of these mistakes is to get everything paid on time going forward. Every ‘on-time’ payment in the here and now reduces the damage of late or missed payments in the past. Additionally, by making your payments on time, you avoid expensive late fees and penalties that don’t help you achieve your financial goals.
Avoid applying for numerous credit products at once – While you might think it’s no big deal to apply for multiple credit card or loan services at once, potential lenders see quite the opposite. To lenders, these actions could ‘red flag’ the application, resulting in a credit or loan decline or denial. Since lenders might not have all of the information they need to understand there was a flurry of credit inquiries, their algorithms will only detect that there’s been an elevated amount of inquiries. When this type of activity occurs, lenders are reluctant to lend because it could indicate that the borrower is already overextended or could get overextended with fresh loan capital. Each time a potential lender pulls your credit information, this causes a ‘hard inquiry’ on your report, which also negatively affects your overall credit score.
Get erroneous information removed from your credit report – According to the Federal Trade Commission, one in five Americans has a mistake on their credit report. These errors and inaccuracies can complicate things when applying for new credit or a small business loan. If you haven’t already, take time to review your credit profile and check to make sure that you aren’t among the 20% of Americans with erroneous or outdated information on their file. If you find faulty data or accounts that you don’t recognize listed on your records, you’ll need to work with the credit reporting agencies to get them updated or removed from your file. In the digital age, the process of disputing accounts can get done online by contacting the credit reporting agency showing the information. Although the process can be slower, consumers may also file disputes using regular mail. Once the reporting agency receives the disagreement, they contact the creditor to verify the debt, giving them 30 days to respond. If the creditor doesn’t confirm the debt, or waits longer than 30 days to respond, the account gets removed from the credit file. If the creditor proves the entry is a valid debt, it remains on the consumer’s credit file until you make arrangements to pay the arrears.
Raise your credit score, increase your small business loan approval odds
Getting everything on your report ‘in good standing’ is critical to lifting your credit score in a relatively short time. Once your score is high enough, you can apply for a small business loan with greater confidence of approval.

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

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