in ia

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 in ia

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

How You Can Qualify for a Small Business Loan

If you’re a small business owner, then you are probably acquainted with the difficulties of managing a business when your resources are limited. If you’re thinking about getting a loan to take your business to the next level, then you’ll find the information below helpful. Whether your goal is to secure a bank, SBA or online small business loan, getting prepared can simplify the process.

Improving Personal and Business Credit Scores

Most people only have a vague understanding of credit scores. When you’re in the market for small business loans in IA, you should be familiar with both your personal and business credit scores, especially if you have been in business for a decent amount of time. Your personal credit score can range from 300 to 850 – you want it to be as high as possible. Also called a FICO score, your personal credit score is a product of these five factors: your payment history, how much debt you have, the types of credit you have, the amount of time you have had credit and recent credit inquiries. Of these factors, your payment history is the most important.

Even if you always pay your bills on time, there’s a possibility that there are problems with your credit report. The Federal Trade Commission reported that a significant number of consumers found detrimental errors on their credit report. The good news is that they were able to eliminate the errors, which often increased their credit score. To get a free copy of your credit report every year, you can visit If you find inaccuracies, you can work with three credit bureaus (Experian, TransUnion and Equifax) to ensure the corrections are made. If there are issues with your business credit report, you’ll work with Dun & Bradstreet, Experian and Equifax. This can be important, especially if you’re interested in SBA loans – they require strong personal and business credit.

Understanding the Lender’s Minimum Qualifications

When seeking small business loans in IA, in order to maximize your chances of loan approval, you should try to meet all of the minimum qualifications. As a matter of fact, it wouldn’t hurt to exceed their criteria if possible. While most lenders consider the strength of your application in totality and offer flexibility, that’s not always the case. SBA has additional requirements and tend to be more rigid. On the other hand, online small business lenders are often more lenient. Generally speaking, minimum qualifications involve your annual revenue, credit scores and years in business. Lenders will also look for bankruptcies and delinquencies, which can pose a problem.

Compiling the Required Documents

Most traditional lending institutions will ask you to provide various legal and financial documents that often include Articles of Incorporation, business licenses, bank statements, a photo of your driver’s license, income tax returns, income statement, balance sheet, commercial leases and your resume to assess your business acumen and management experience. Given the number of documents required, it can make the application process long and time consuming. If you don’t like the idea of having to provide so many documents, you might want to consider an online small business loan, which usually doesn’t require as much information. If you have strong credit scores, you might find a rate that’s comparable to traditional lenders.

Creating a Solid Business Plan

If you don’t already have a business plan, you’ll need to develop one that includes the purpose of the loan, financial projections and how you plan to increase profits. Here are some of the common elements that you should include: Company overview, industry analysis, management team, products and services, sales and marketing strategy, operations plan, and SWOT analysis (strengths, weaknesses, opportunities and threats).

Providing Collateral

There’s a chance that you may be required to provide collateral in order to qualify for a small business loan. Collateral might include real estate, equipment or inventory. Lenders want to make sure they have a recourse in the event that you go out of business. If you don’t quite like the idea of providing collateral, you might want to consider an unsecured business loan.