How you can use a small business loan

Small business owners can use loans to grow their business. You can use the funds however you wish.

Cover Expenses

Pay for any unexpected expenses that arise.

Invest in your business

Use the loan to grow your business however you wish.

Payroll

Use the loan to pay your employees.

Liquid

Keep the cash on hand for future expenses.

Equipment

Buy new equipment to grow your business.

Staff

Use the loan to hire new employees.

We Fund Fast

24-48 Hours

Loans up to

$10 Million

Google Rating

5 Stars

Delancey Street Can Help

We're committed to building relationships and helping people all over the USA get access to the RIGHT loan for them. Regardless

Trusted

We're frequently interviewed by major media organizations.

Easy Application

Our app process is super easy. 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.

Hear from people we’ve helped

“Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.”

- Leena, VP of Sales at Waist Karma

Are you looking to get a merchant cash advance, but don’t want to give up your bank statements? We might be able to help! Delancey Street understands that business owners, for one reason or another, may not be willing to surrender their statements. Some owners want to protect their privacy, and don’t want to give them. That’s not a problem.
Many business owners often give us their credit card process statement – in lieu of their bank statement – in order to show us their gross revenue. In some cases though, if you’re a primarily credit card sales based company – it’s ok to not give your bank account statements and just give your credit card statements. As long as you can provide some evidence that you generate revenue – it’s totally ok. The only situation where you will need to send in your bank account statements is if your business primarily does deposits.

Securing funding for your small business is vital with it difficult to secure funding that will not hurt your line of credit. This is especially true when attempting to find a source of cash flow that will allow you to pay for such things as:

– Payroll
– Equipment
– Basic Expenses
– General Investments

An excellent way to secure funding is with the use of a merchant cash advance. Some things to know about merchant cash advances are how they work, their benefits, and how to secure a merchant cash advance in Los Angeles with Delancey Street.

What Is A Merchant Cash Advance

A merchant cash advance is a common financing option where a financial services company gives a lump sum of money to a business. The business and financial service then enter into an agreement where financial services company will take a portion of credit or debit card sales to pay back the sum. The merchant does not charge interest on the cash advance. Instead, they charge a flat rate fee for the advance. The merchant can collect their money in a couple of ways including:

– Taking A Portion Of Credit And Debit Card Sales Split By The Bank
– Processing Payment Then Transferring The Remainder To The Business
– Debiting The Businesses Checking Account After Reviewing Processing Information

These three methods of collecting money from the cash advance means that your small business does not need to manage the repayment process. In addition, it means that the repayment process is only a small portion of sales, and you will not need to plan for a large monthly payment to the merchant.

Benefits Of A Merchant Cash Advance

A merchant cash advance has a number of advantages over taking out a small business loan. A merchant cash advance will not hurt your line of credit. This means that you can keep your line of credit open for major investments such as purchasing property and equipment.

A merchant cash advance is very desirable for small businesses with little or no credit or bad credit. This is because the merchant collects money through the billing process, and so they will advance you money based upon your revenue. The merchant will often look at your clients’ credit when evaluating you for a cash advance.

A merchant cash advance is a quick way to secure a large sum of credit with merchant cash advances generally being geared towards short term funding for less than two years. This means that you can use a merchant cash advance as a quick way to secure funding for payroll and hiring.

Delancey Street Cash Advance

Delancey Street is a leading merchant with them serving the Los Angeles area. This financial services company offers their clients the opportunity to secure up to ten millions of dollars in funding. They can process cash advances quickly with them distributing lump sum payments inside of twenty-four to forty-eight hours. Delancey Street prides itself in helping small businesses with them offering cash advances for the redevelopment of property, hiring new staff, and restocking inventory.