Grand Rapids 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 Grand Rapids 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

When you’re a small business owner in Grand Rapids, it’s important to look at your fiscal obligations. If you don’t have sufficient cash flow or capital, it might be time to explore a loan. Even bad credit small business loans are available. At Delancey Street, we can help you to explore merchant cash advances, loans, and small business lines of credit.

Fast Business Loans

In most instances, you need the money right away. You don’t want to wait weeks until a bank can make a decision on your loan application. We focus on providing fast Grand Rapids bad credit small business loans. The funding can occur within two business days.

Applying is simple. You can also use the funds however you desire. Whether you’re paying for employee payrolls, expansion or even new equipment, the money will be yours. You simply have to look at whether you can adhere to the payment plan of the loan.

The Approval Process

Getting approved for a loan is not always easy. This is why you should get ready for the approval process. You will want to take a good look at your business, including what your financial needs are. We can help you to secure as much as $2 million. However, that doesn’t mean that you need that much.

Banks will often require a significant amount of documentation. This includes financial statements, cash flow reports, and more. They may need a business plan to see how you plan to spend the money, too.

Your credit score is going to be factored into the approval process, too. If you have bad credit, you will need to explore bad credit business loans. The good news is that you’re not automatically denied. However, you may have to work with non-traditional lenders in order to get the funding that you need.

Repairing Your Credit Score

If you don’t have the best credit score around, it’s not the end of the world. Before you get too far into the loan application process, you need to know where you stand. Order a copy of your credit reports from the different bureaus. Scrutinize everything about the reports so that you can catch any errors. You can then challenge these in order to make some improvements.

The credit score of your business and your personal life may be factored in. Especially if your business is relatively new, lenders may default to your personal credit score.

You can do a lot in order to improve your score, including paying bills on time and settling delinquent debts.

Loan Terms

As you decided that small business loans in Grand Rapids are best for your business, you need to look at the loan terms that are being provided by the lenders. This includes various fees, the interest rates, and the payment plan that you can take advantage of. Interest rates can be significant, which is why you need to make sure that it is the right move for your business.

Before you sign on the dotted line, you need to make sure you understand the true cost of the loan as well as what your limitations are, if any.

Applying Online for Grand Rapids Loans

Ultimately, obtaining a bad credit small business loan in Grand Rapids can be what’s best for your business. However, you don’t want to make any quick decisions. Take the time to explore the various options and read through the loan terms of a lender.

From there, you can fill out the application online and get approved quickly. Even if you have bad credit, achieving a small business loan is possible. We are here to help with the details.