Akron Business Loans

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 Akron Business Loans

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

Small business owners often have to deal with several challenges as they establish their businesses. One of the challenges that they have to overcome, for instance, is lack of adequate capital to propel their ventures’ growth and expansion. To help business owners overcome this challenge, we make small business loans accessible to them.

 

But why choose us?

 

  • We offer loans of up to $2 million within 2 business days after application
  • We have flexible structured repayment plans that work with any cash flow structure
  • We don’t mind bad credit
  • You will be at liberty to use the funds however you want

We understand that getting a loan for your small business can be a difficult process. However, having a continuous cash flow is one of the things that can make your business expand. With this in mind, we allow you to bypass the many steps involved in getting a loan from conventional lenders by removing some of the unnecessary bottlenecks and simplifying the process.

 

Pre-Application Process

 

Loans are one of the many financing options available to small businesses. In the pre-application stage, we seek to establish whether a loan is the best option for your business goals. Once we establish that you need a loan, we move to see what types of loans suit your needs.

 

Credit Worthiness

 

Your credit worthiness is one of the factors that lenders consider before approving your loan application. This is because banks only fund parties that are least likely to default. As such, get your credit report and scrutinize it to ensure it is free of errors. This is because the better your credit history, the easier and cheaper it will be for you to get a loan.

 

Improving Your Credit

 

Most lenders like to see a clean record of using and repaying loans. Sometimes, credit bureaus make mistakes when determining your creditworthiness. You need to make sure that such mistakes are rectified. Besides correcting the mistakes in your credit report, you should also look for ways to add your credit accounts and extend your good credit record.

 

Target Your Request

 

Every business ought to have a specific budget that outlines how it plans to spend the borrowed money. With a good plan, you are able to persuade the lender why you really need the loan. It is even better to have a profit projection that shows how much you are likely to accrue once you receive the amount borrowed.

 

Improving Your Financial Statements

 

Every business should have income statements, a cash flow statement, and a balance sheet that will accompany its loan application. This is because the more professional you make your small business statements, the higher likelihood that the lender will approve your loan application. Even though you can’t change the contents of your financial statements, you can improve its presentation and paint a good image of your business. As such, if you don’t have financial statements, you need to have your accountant prepare them.

 

Assemble Your Documentation

 

Making a loan application must be as professional as possible because you need to convince us to finance your business. To do this, put together all the documents required for your loan to be approved. Before submitting the documentation, double-check them to ensure they are well arranged and free of errors.

 

Understand Your Terms

 

If you have reached this stage, then you have all the required documents and you’re about to get a loan. Before you append your signature at end of the loan agreement papers, however, you need to ensure you have read and understood the terms and conditions of your loan. For instance, you need to know how much you will be obliged to pay. Paying close attention to the APR rather than just the interest rate enables you to estimate the actual cost of the loan.