Louisiana Small 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 Louisiana Small 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

Louisiana is packed full of small business entrepreneurs that face many challenges with their firms. Financial challenges are one of the most popular concerns for business owners. Funding projects, paying bills, acquiring new equipment, and restocking inventory all require a good amount of capital.

Small business loans are a great way to fund your capital needs. With Delancey Street, you can apply for cash merchant advances, small business loans, lines of credit, and other forms of funding. We lend up to two million dollars per business, regardless of the industry that you operate in. We focus on the actual needs of your business, not just the numbers.

With Delancey Street, you can expect…

  • Flexible Payment Plans
  • Quick Funding
  • No Restrictions On How You Use Your Funding
  • Acceptance Of Bad Credit Borrowers

How To Prepare For Your Louisiana Business Loan

Applying for a business loan isn’t the first step that you need to take. Rather, there are some other key considerations you need to look into before applying for a small business loan. These include the state of your credit, the target of your loan request, and your business financial statements. Let’s take a look at each one of these areas in-depth below.

State Of Your Credit

As with any sort of loan, your credit history is going to play a role in the approval process. Those who have a high credit score have managed their debts well in the past. These people are the ones who pay their bills on time and don’t rack up more debt than they can comfortably handle. These stronger borrowers can expect to have the best interest rates on their small business loans.

You should take the time to obtain a copy of your credit report. This will allow you to see where you personally fall in the credit scoring categories. It’s always a good idea to read over your entire credit report to ensure that there are no mistakes. Realize that derogatory mistakes could drastically affect your ability to receive funding. You want to ensure that everything which is written on your credit report is completely accurate.

Target Of Your Loan Request

Deciding that you are going to apply for a business loan should be a decision that is met after you discover a need for the money. Maybe you want to buy another location or maybe you need to pay for your inventory before you make a profit. Either way, you should have a clear idea of what you’ll be using the money for and how much money you’re going to need. You should be a business owner who has a nice clear plan to present to the lender.

Gather Financial Statements

When applying for a business loan, you’re going to need to submit financial documents showing the monetary health of your business. These include cash flow statements, balance sheets, and income statements. It’s a great idea to have these documents prepared ahead of time. This way the lender has them freely available during the loan application process. This will save a lot of time as the lender won’t have to ask and wait for the delivery of these financial statements.

Important Loan Term Considerations

After you apply for a loan, upon acceptance you’ll receive a loan contract. This paper will inform you of a number of important aspects regarding your application for funding. The loan contract will state the principal amount, loan term, APR, origination fees, other loan fees, and so forth. You’ll find that the contract will state how the loan is to be repaid, your due date, and what happens if you don’t make a payment on time. These are all things that you need to be aware of as a business owner who will be responsible for taking care of the loan.