Merchant Cash Advance Car Dealer

We empower entrepreneurs, real estate investors, and businesses of all sizes challenge the status quo. We take risks on the go-getters, and do’ers – who have an opportunity and need a partner.At Delancey Street, we invest in people and their ideas – not abstract concepts like credit scores, or other financial metrics. Tell us about your idea, let’s discuss your opportunity

High LTV

We fund loans up to 80-90% LTV with no issues.

Fast

We promise to treat you like a partner.

No $ Limit

No limits on what we can do for you.

Recently Funded Projects

Residential Refinance
Residential Refinance

Residential refinance in Los Angeles, with a loan amount of $830k, at 75% LTV. We were able to help the investor get a loan at 8.99% with a balloon payment after 18 months.

Raised
$830,000
APR
8.99 %
ARV
75%
100% Funded!
Residential Investment
Residential Investment

Delancey Street funded a new residential purchase in California, for $1.2 million with 82% LTV. We helped the developer with a loan at 11% with a balloon payment in 9 months.

Raised
$1,200,000
APR
11 %
ARV
82%
100% Funded!
Residential Investment
Residential Investment

Property in New York was torn down, and redeveloped. We provided a 60% LTV loan for $700k. We charged no upfront fees, and had a balloon payment after 10 months.

Raised
700,000
APR
9.0 %
ARV
60%
100% Funded!

Hear from people we’ve helped

“Delancey Street makes lending easy. They took a chance on me when no one else would.”

- Leo kovacz

Industries We Service

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:

Car Dealer Merchant Cash Advance Company

When you need cash quickly, your business cannot afford to wait. Whether you have a new opportunity or a sudden drop in cash flow, your business needs money to function well. With a merchant cash advance, you can get the funds you need to keep your company going.

How It Works

A merchant cash advance is basically a way to get your future sales in the present. It is awarded according to your credit card sales for the last two to six months. Once the lender looks at your average sales, they give you 50 to 250 percent of your monthly average. Afterward, you immediately begin repaying the advance through your ongoing credit card sales.

The Benefits of Getting a Merchant Cash Advance

With a merchant cash advance, the amount you repay is based on a holdback rate. This is rate is between 5 and 20 percent of your credit card sales. With the right funding option, you can set your business up for success.

Fast funding: When you apply for a traditional loan, it can take days or weeks to gather all of your documents, shop for the right loan and get approved. A merchant cash advance can be in your bank account within as little as 24 hours. The entire approval process takes only a couple of hours to complete. If you are struggling to meet a sudden money problem, a merchant cash advance gives you the fast relief you need.

Simple applications: Applying for a loan takes time and effort. When you get a merchant cash advance instead, you only spend a few minutes turning in all of the documents. You can do the whole process online without ever leaving your home.

Credit is not an issue: Normally, a bank only gives loans to businesses that have been in operation for years. They want companies and entrepreneurs with a strong credit score. If you have a bad credit score, you can still qualify for a merchant cash advance. This kind of funding option is awarded according to your sales history, so poor credit is not an issue.

Flexible plans: No one can see the future. It is impossible to know if your sales will double next month or drop off entirely. If you are getting a bank loan, unsteady sales can be a problem because you still have to repay a fixed amount. With a merchant cash advance, you only pay back a percentage of your sales. This means that your total repayment each month is based entirely on how well your business performs. If sales drop, you do not have to pay the same high amount.

High limits: While this kind of funding option might be easier to get than a loan, you can still get a large amount of funding when you need it. At the upper limit, the advance can total as much as $2 million. If you only need a few thousand to cover payroll costs, then you can apply for a lower amount. Whether you want a high or low advance, this funding style can help.

Collateral is not an issue: Even if your company has a lot of assets to use as a collateral, you might not want to risk losing them by getting a loan. A typical bank wants collateral so that they can recover their costs if you default on the loan. With a merchant cash advance, you are getting your future sales early. No collateral is necessary.

While a merchant cash advance might not be the right option for everyone, it is a useful funding tool for businesses. If you are short on cash, you can have money in your account within two days. From flexible repayment options to collateral-free funding, a merchant cash advance is a great option for entrepreneurs.

Summary
User Rating
5 based on 1 votes
Service Type
Car Dealer Merchant Cash Advance
Provider Name
Delancey Street,
Area
USA
Description
Delancey Street is a Car Dealer Merchant Cash Advance company.

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