Merchant Cash Advance Connecticut

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 with Merchant Cash Advance Connecticut

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

Connecticut Merchant Cash Advances

If your business needs capital to help it grow, a merchant cash advance may be an effective way to access it. A merchant cash advance is not a loan. Instead, it is an advance on future credit card sales. The loans can be repaid in as little as three months or as long as two years. Your repayment period and other terms are determined by a variety of factors.

Loans Are Repaid Daily From Credit Card Sales

Each time that your company makes a credit card sale, a percentage of that revenue goes back to the lender. This is called the retrieval rate, and it can range from 5 to 20 percent of each transaction. You start to repay the loan as soon as the funds are received, and the overall loan amount is up to 250 percent of your company’s average credit card receipts.

Bad Credit Is No Problem

If you or your business has no credit or a low credit score, it can be hard to get a bank loan. In fact, it can be difficult to get any type of financing with reasonable terms. However, with a merchant cash advance, you can get the money that you need regardless of your credit score or history. As long as the business is making consistent credit card sales, you will likely be approved for the loan.

Get Your Money Quickly

Typically, loan decisions are made in less than 24 hours. Once your application has been approved, funds will be deposited into your designated bank account by the next business day. In some cases, you will receive funds the same day that you apply for the advance. Applications will be submitted and processed through a secure online server to make the experience even more convenient for you.

Almost Any Type of Business Qualifies

If you own a business in the retail or hospitality space, a merchant cash advance can be especially helpful in providing financial flexibility. However, companies in a wide range of industries can be approved for this type of funding. It can also be ideal for newer companies that need more time to establish themselves before a traditional lender will seriously consider their loan application.

How Much Can I Borrow?

Perhaps the best reason to look into a merchant cash advance is that you can borrow up to $2 million dollars. While the exact amount that you can borrow will depend on your credit card revenue, borrowing limits are much higher than other types of business funding options available. Having access to thousands of dollars or more in capital from a single lender can make it easier to hire more employees or buy a new building for your business.

What If Merchant Cash Advances Aren’t Right for My Business?

While there are many benefits to obtaining a merchant cash advance, they may not be appropriate for all companies. Compared to other types of business loans, they can have significant fees and other borrowing costs. Personal loans or business credit cards could be ideal alternatives for business owners who need working capital at reasonable costs.

If your business has a reliable track record generating revenue from credit card transactions, it might be a perfect candidate for a merchant account advance. Prior to submitting an application, it is a good idea to consider all of the costs involved with this type of transaction. However, if you do decide to apply, you can rest easy knowing that the application process is a breeze and that you’ll get your money quickly.