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

Seniors Centers Small Business Loans

According to statistics, in 2015 there were 3.6M small businesses in the United States reporting five or fewer employees. As you can imagine, this means there are a lot of small company owners who have decided to forge their own path in the business world.
Being an entrepreneur or small business owner takes perseverance, planning, and the ability to adapt quickly to changes while meeting all of your business and financial responsibilities. Being able to manage cash flow is critical to the survival of your company.
Regardless of whether your company is navigating through a slow period or experiencing growing pains from increased demand, small business loans offer a solution for developing and expanding companies.
If you’re thinking about getting a small business loan to help fund the future of your company, here are some tips to help you get prepared for the process.
Have a business plan for lenders to review – When applying for a conventional bank loan or line of credit, the loan officer and bank will want to know exactly how much money you want to borrow and how you plan on spending these funds. Before speaking with potential lenders, you should know how to answer these (and other) questions about your business model. Loan officers are likely to ask potential borrowers about their credit score, what their monthly operating expenses are, gross and net revenues, what the money will get used for, and whether there is collateral available to back the loan.
What lenders are looking for
Many lenders prefer to work with borrowers who have a higher credit score. This is one of the first things that gets reviewed when evaluating a small business loan application. Further, a higher credit score will help borrowers secure loans and other related financial services with more favorable rates and terms.
Typically, credit scores over 700 are considered good. Anything over 800 is an excellent credit score. If your credit scores come up short of these targets, you may still qualify for a loan. However, the rates and terms are likely to be less favorable than what you would get if you had a better credit score.
Don’t mix business and personal expenses
A big mistake that many small business owners make is mixing personal and business expenditures. Ideally, you want to keep the funds you spend on your company separate from your personal expenses. By doing so, you’re taking steps to protect your personal credit score while you are establishing your corporate credit profile.
Here are tips to help align your company for small business loan approvals.
Avoid running up balances on mixed purposes – When you’re mixing business and personal expenses, it doesn’t take much to max out your credit lines. Maintaining high balances on credit cards and other credit lines are warnings to potential lenders. Since these accounts are already at the high end of their limits, they might be reluctant to lend fresh capital.
If you have high balances in use, make an effort to reduce the outstanding balances. Using a strategy, such as paying down the credit card with the highest interest rate or paying off a card with the lowest balance is helpful for reducing your debt is a surefire way to restore your credit score.
Don’t fill out a bunch of credit applications at the same time – Always keep in mind that whenever you apply for a credit card or a loan, this results in a hard inquiry on your credit report. If you fill out applications for ten different credit products, each vendor will pull a ‘hard inquiry’ on your report. Having too many recent hard inquiries on your credit report lowers your score. Not to mention the odds of getting approved for these loans also decreases. Potential lenders are likely to view the flurry of activity as an indicator that you’re not using your existing credit lines responsibly, so you’re seeking new credit in the absence of available credit on existing credit lines. In many cases, this is detrimental.
Review your credit report regularly – Unfortunately, errors and mistakes happen. Erroneous entries listed on your credit report can result in a lower credit score. Be sure review your credit report annually to detect wrong entries, as well as take action to correct negative marks on your statement. If you see tax liens, accounts that are past due, or collection accounts get in touch with the creditor to handle these outstanding debts and get them removed from your report. By making sure that your report is accurate and up to date, you are doing what you can to keep your credit report – and the corresponding score – in tip-top shape.
Lenders like to see that their small business borrowers have the capacity to pay back the money they borrow. If while reviewing your credit report you notice inactive or low-balance accounts, resist the urge to shut down these credit lines. The low or no balances on these lines helps by showing you have credit lines open that aren’t in full use. Additionally, if they report every month as ‘paid as agreed,’ they help build your payment history. By managing a combination of credit types, including credit cards and installment loans, you are showing creditors that you take your financial agreements seriously and you won’t default on the loan or credit line.
Get the best rates and terms on your small business loan
If you want to qualify for the best terms and rates available to small business owners, cleaning up your credit ahead of your application is a smart idea. There is no reason to face the embarrassment and disappointment of a declined loan when you go into the process with an understanding of what lenders want in their borrowers – a long history and solid track record of on-time payments. The actions you take today are the ones that can help get you ahead for tomorrow.

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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