NYC Merchant Cash Advance

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.


Use the loan to pay your employees.


Keep the cash on hand for future expenses.


Buy new equipment to grow your business.


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 NYC Merchant Cash Advance

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


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 is key. You can ask for advice on ANYTHING and we'll bend over to help.


Many of our team members are former business owners, and understand your challenges.


We customize each loan for you, and to your unique specs. Everything is customized.


We help virtually any industry, any business, anywhere in the USA. It doesn't matter.


We fund business loans nationwide. It doesn't matter where you are, we can help you.


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

NYC Merchant Cash Advances

Delancey Street is a premier, and top rated, merchant cash advance lender. We provide cash advances to companies all over the USA – regardless of the industry, or niche. We are your partner, not just a lender. We can help you get the funding you need when you’re in distress, and in need of fast funding to make deadlines and payroll. When you get a merchant cash advance, it is not the same thing as a loan. It is essentially a cash advance based on the credit card sales that you get in your business merchant account. Once you apply for the loan, we deposit the funds in your business checking account within 24 hours.

How Merchant Cash Advances Work

The cash advance is for $2,500 to $25,000. Each NYC merchant cash advance has a repayment schedule with daily payments from your account. As soon as you request a loan, it takes just 24 to 48 hours for it to be approved and in your account.

This type of loan works well for people who have bad credit or need fast access to funds. The entire approval process is quick and works for many kinds of businesses. The only drawbacks are the higher fees and the fact that the loan has to be paid back through your daily sales.

With a merchant cash advance, you get the money you need when you need it. The funds can be used for anything that your company needs. Some businesses use this type of cash advance to make up revenue during a slow month. Other businesses just need to cover a bill that is past due.

This is a cash advance and not a loan. When you get a cash advance, you promise to pay it back using your company’s future income. The loan is given in a lump sum that is paid back from the money you make each day. The amount that you pay back is known as the retrieval rate or holdback. Depending on the amount of the advance, your repayment period and your credit card sales, the holdback can be between 5 to 20 percent.

The amount that you can borrow depends on your credit card sales. Most providers will review your sales for the last two to six months to see how much you can borrow. Depending on the provider, you can get anywhere from 50 to 250 percent of your monthly credit card transactions as an advance. Then, you have 90 days to 24 months to pay it back.

The Benefits of Getting an NYC Merchant Cash Advance

This option is ideal if you need cash right away. You can get approved much faster with an advance than you can with a traditional loan. Often, you can get approved within just a few hours. Then, you get the advance within just one or two days. If you are struggling to cover your payroll or a sudden expense, having a speedy option is a benefit.

Another benefit is that you can avoid using collateral to get an advance. Banks normally require collateral for a business loan, which takes time. It is also a huge risk for your business if you cannot pay back the loan. With a NYC merchant cash advance, you get the money you need without having to offer your assets as collateral.

Best of all, the application process is easy and straightforward. You can do the entire application online. You just have to upload a few of your documents and fill in the blanks. Unlike a typical bank, most merchant cash advance lenders are fairly open to poor or bad credit. Their main goal is to find borrowers who have a strong track record of credit card sales. They will also look at how long you have been in business.

NYC Merchant cash advances also have high limits and flexible payments. You pay a percentage of your credit card sales as your company sells products. If you sell less, then the amount that is taken out is correspondingly less. You only pay out a percentage of your credit card sales. Plus, some lenders will give up to $2 million in a merchant cash advance.

This option works well for companies who need cash quickly. You need to have an established track record of credit card transactions. The only drawback is the cost. If you need cash fast and want a convenient option, then a merchant cash advance might be worth the added price.

Merchant Cash Advances

A cash advance isn’t a loan. It’s a cash advance we give you based on credit card sales that are deposited in your business merchant account. Business owners can apply for an MCA from Delancey Street and get funding within 24 hours. We deposit the funds directly into your business checking account fast.

Pro’s of cash advances

  • Fast access to funds
  • Easy approval process
  • Bad credit is ok
  • Great for a whole array of businesses
  • Con’s of Cash Advances

Who should get a merchant cash advance bad credit

MCAs great for businesses who need fast cash and have a well established credit card transaction history. Retailers, or restaurants, are great examples of candidates. Cash advances can also be great for newer businesses who have a great history of credit card sales, but haven’t been operating long enough to build a credit history that traditional lender looks for.

Con’s of merchant cash advances

  • High Fees than traditional business loans
  • Daily reduction of cash flow to repay cash advance
  • You can’t service providers until loan repaid

Why business owners should be careful

There’s a lot of benefits to MCAs, but there’s downsides too. There’s one specific downside which can outweigh everything else – the cost. The costs involved with a merchant cash advance can easily outweigh anything else you might get in terms of convenience, etc.

Merchant Cash Advances Explained

If you need to raise capital fast for your business, a cash advance is a great idea. It’s a fast way to raise funding. The funds can be used for anything you need. Some businesses use cash advance to pay for bills that past due. Often, business owners turn to mechant cash advances due to a poor month, or because they need quick cash. Regardless of why you need it – there are advantages and disadvantages. After reading this, you should get a better understanding of:

  • What a cash advance is
  • The pro’s and con’s of mca
  • Who a cash advance is right for
  • Why business shoulders need to be careful with merchant cash advance
  • What alternatives you have to cash advance when times is of the essence

How cash advances work

Merchant cash advances aren’t a loan. They are an advance, a payment given against your future income. The merchant cash advance provider is giving you a lump sum, which is then repaid automatically using a percent of merchant account daily proceeds. The % you pay is referred to as the holdback, or retrieval rate. This can be anywhere from 5% to 20%, based on the size of the advance, your credit card sales, and the agreed upon repayment period. Depending on the advance amount, terms for a mca can be as low as 90 days, or as long as 24 months. Repayment begins right after the funds are received.

The amount you borrow is based on your average credit card sales. Most mca providers will look at your receipts over the last 2-6 months in order to determine how much you qualify for. Generally, you can get a cash advance from 50 to 250% of your business’s monthly credit card transactions.

Bad Credit Merchant Cash Advances

Whether your business is having a cash flow problem or just needs cash for payroll, a merchant cash advance could be a useful funding option. A merchant cash advance is a way for you to get cash for all of your business needs. Once you apply for an advance, you can get cash in just 24 to 48 hours.

Unlike a loan, a merchant cash advance is just an advance based on your future credit card sales. When you apply for a merchant cash advance, the lender looks at your credit card sales and your company’s stability. Then, they give you an offer worth 50 to 250 percent of what you normally make in credit card sales each month.

When you pay back the advance, the amount you pay is based on your sales. You will generally repay 5 to 20 percent of your credit card sales. This amount is automatically taken out of your sales as soon as you get the advance. Depending on your sales, the term may be for 90 days to 24 months.

To qualify for an advance, you have to have a stable income from credit card sales. The lender will normally look at two to six months of your transactions. If you need cash quickly, a merchant cash advance is a viable alternative.

What Are the Benefits of a Bad Credit Merchant Cash Advance?

There are a number of reasons why merchant cash advances are popular among business owners. They offer a flexible repayment plan, fast cash and an easy application process. While they are not the right choice for everyone, they are definitely a useful option for business owners who need cash quickly.

No collateral necessary: Many banks require personal or business assets as collateral. The bank wants to make sure that they will get their money back if you cannot repay the loan. With a merchant cash advance, you do not have to use any collateral.

Fast cash: If you are suddenly suffering from a cash flow problem, an advance is a good option. After you apply for the advance, the money can be in your account within just 24 hours.

Credit scores are not an issue: Unlike a standard loan, you do not have to have a perfect credit score to get a merchant cash advance. The lenders are more lenient because they base the advance on your credit card sales. If you have strong credit card sales, then you can get approved for an advance.

High limits: The total amount of your advance is based on your credit card sales. You can get $2,500 to $2 million in just a day.

Simplified applications: Instead of going into your bank and spending days gathering your documents, you can apply for an advance online. All of your documents can be easily submitted online, and the entire approval process takes just a few hours.

Are There Alternatives to a Bad Credit Merchant Cash Advance?

This type of funding option works best if you have an established record of credit card sales. It is also useful if you need cash quickly and want a flexible repayment plan. If you need cash and want an alternative, there are a few other traditional options that you can use.

Business credit cards: A business credit card can help you cover some of your expenses. It might also offer cash back rewards or travel points.

Term loans: If you have the extra time to apply for a loan and assets for collateral, then you can get a business loan. This type of loan is like a mortgage. You borrow a certain amount that has to be repaid over time. The lender may give you a fixed or variable rate. While the APR is often lower than a merchant cash advance or a credit card, it will generally take longer to apply for a business loan. In addition, the lender will often require a good credit score and a longer business record.

If you feel the cost is too high, and you have “time,” on your side – then below are some great alternatives to mca.

Term loans: This is a loan similar to a mortgage. You borrow a set amount, and repay it over a period of time. Rates can be either fixed, or variable. The term loans can be secured or unsecured. The APR on a term loan is favorable compared to a credit card or mca. Your repayment term can last anywhere from 12 months, to 5 years.

Business credit cards: Business credit cards are great ways to cover expenses while earning points which can be used for travel or cash back.

Bad Credit Merchant Cash Advances

Whether your business is having a cash flow problem or just needs cash for payroll, a merchant cash advance could be a useful funding option. A merchant cash advance is a way for you to get cash for all of your business needs. Once you apply for an advance, you can get cash in just 24 to 48 hours.

Factor Rates

Unlike a traditional loan, a merchant cash advance doesn’t have an APR. Instead, business owners who take a mca pay a factor rate. The factor rate is a decimal point number which represents the amount you have to repay to the provider who gave the cash advance. This can fee can vary, but will be between 1.1 and 1.5. The factor rate is one of the most confused, and misunderstood, aspect of a merchant cash advance because it makes the interest rate look lower than it really is. When you actually look at the number, you’ll see that getting a merchant cash advance is potentially very expensive.

Here’s a good example. Say you take a merchant cash advance of $50,000 – and have a factor rate of 1.3, with a 12 month term – the breakdown is the following. When you multiply the factor rate by the advance amount, you see the totally repayment comes to $65,000. When you look at initially, you’re paying an interest rate of 30%, but the APR could be higher based on the holdback amount.

If you agree to a holdback rate of 15% of daily billables, and your monthly credit card sales average $35,000 over the next year – the daily payment would be $175. The loan would take 372 days to repay. This would put the daily interest rate at 0.15% and the overall APR would be 53.9%. This is double the 30% rate you initially thought you were paying. If your business makes $40,000 in monthly credit card sales, then the APR would climb even higher to 61-62%. When you consider a merchant cash advance using the numbers above, you can see that it’s super expensive money – and you need to be careful before accepting it.

Benefits of Merchant Cash Advances

Merchant Cash Advance’s have several benefits which make them appealing to business owners who need funding. When considering a merchant cash advance, below are some of the more important benefits to keep in mind

Straightforward applications: As with many types of small business loans, or lines of credit, applying for a mca is something you can do online. You can upload documents online, like your business tax returns, bank account statements, credit card processing statements, and more – online in a few minutes.

Funding is fast: One of the main benefits of a mca is the fact you can get approval fast, and funding even faster. MCA’s can give you a decision within a few hours and give you funds even faster. This is great if you need money fast to cover payroll, or other business expenses that are time dependent.

Credit doesn’t matter: Most business loans demand you have a strong personal and business credit score. MCA lenders are lenient when it comes to credit. Your ability to get approved for a mca depends on how consistent your credit card sales are, and how long you’ve been in business. The MCA provider is reviewing your business, and it’s strength, versus your personal credit history. Keep in mind though, that mca will not help you improve your credit score

No collateral: When you ask a bank for a business loan it’s common they’ll ask for some type of collateral to get the loan. The collateral helps the bank make sure you won’t default on the loan. In a mca, you don’t have to put up any personal or business assets to get a cash advance.

Flexible payment: Small business loans have a fixed interest rate, and a fixed payment. It means you owe the same amount of money every month on your loan. This can be helpful for some, who need to budget their expenses. But for others, it can be a problem – especially if you have a slow month and can’t make the payment. MCA’s give you greater flexibility, since the payments are based on a % of your credit card sales. For example, a mca will require you to commit 10% of your credit card sales for repayment. The dollar amount will vary based on the total amount of sales for the month. This means you only give a proportion of what the business is bringing in – instead of a flat dollar amount which might be higher than what you’re earning for the month.

High limits: Bad credit merchant cash advance’s give you significant leeway in terms of how much you can borrow. It’s possible to get a mca of just a few thousand dollars. Some might even give you a cash advance up to $2 million. MCA have greater leeway to be flexible and offer more money – even though you don’t have credit or collateral.

When it comes to mca, “holdback” isn’t a very popular term. It means the % of the daily credit card sales which are applied to your mca. The holdback amount is the % of daily credit card sales are going to be used to repay the loan until it’s fully paid back. The holdback % is somewhere between 10 and 20%. It’s usually a fixed amount until the mca is completely paid back.

Because the repayment is based on a % of the daily balance in your merchant account, the more money you make – the faster you can repay the cash advance. If on any given the transaction are lower than expected, then the draw from the merchant account will be less. What this means is that payback is relative to the incoming money coming to the merchant account.

User Rating
5 based on 2 votes
Service Type
Merchant Cash Advances
Provider Name
Delancey Street,NYC,NY-
Delancey Street is a premier, and top rated NYC Merchant Cash Advance company.