How you can use a small business loan

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

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

Merchant Cash Advance – What You Should Know
If you’re a business owner, you may be interested in learning about merchant cash advances and how they may be helpful for your situation. A merchant cash advance provides a rapid way for you to receive cash advances on your credit card receipts.

Although they aren’t loans, you must submit an application and meet basic qualification requirements in order to get approved for a merchant cash advance. Quite simply, the provider will review your past credit card receipts to determine your merchant cash advance amount.

One of the most attractive features of a merchant cash advance is the length of time it takes to get an approval decision. In many instances, business owners can receive a loan decision and have cash deposited into their accounts within 24 hours.

Several factors are taken into account when merchant cash advance providers review your application. The most important factor is your daily credit card receipts. They’ll review them to determine if your business generates enough income to repay the advance.

Merchant cash advance applications are evaluated differently than traditional loan applications. Another thing you should know is merchant cash advances have higher rates than traditional loans. Before you agree to a merchant cash advance, you should understand its terms and guidelines.

Merchant Cash Advance Holdback – What Is It?
A merchant cash advance holdback is one of the least familiar terms for customers. A holdback is the percentage of your daily credit card receipts. This amount is automatically taken out by your merchant cash advance provider.

The amount of the merchant cash advance holdback varies depending on the lender. However, lenders typically withhold from 10 to 20 percent of daily credit card sales to apply toward your loan balance.

Here’s an example of how a merchant cash advance holdback of 10 percent would be calculated. If your daily credit card charge on Monday was $500, the merchant will withhold $50 of the credit card receipts.

Depending on your credit card receipt revenue, the amount of your holdback can fluctuate. If your company has a lot of credit card sales, you’ll be able to repay the advance quickly.

Merchant account holdbacks eliminate the need for a provider to require collateral to secure the advance. Since your merchant will have access to your credit card receipts, you won’t have to forward your holdback amounts to your merchant cash advance provider.

There are additional factors that determine the holdback rate. This includes the total amount of the merchant cash advance, the amount of time to repay the advance and the amount of the monthly receivables.

What’s the Difference Between Interest Rates and Holdback Charges?
Typically, merchant cash advance providers charge factor rates. Unlike interest rates, factor rates aren’t amortized over the duration of the advance.

Factor rates are higher than loans from banks and other lending institution. The factor rate amount depends on the provider. Some lenders charge up to triple-digit factor rates.

When you repay the loan, you’ll be required to pay holdback charges and factor rates. You should keep this in mind when you sign a merchant cash advance agreement.

How to Determine If a Merchant Cash Advance is Right for Your Business
A merchant cash advance works best for businesses that require short-term funding solutions. It’s essential that you determine if this type of advance fits your budget.

You should determine whether your business has the income to support a merchant advance. If your business is experiencing a financial problem due to diminished sales, this may not be the best option for you. You may find that applying for a short-term business loan is a better option.