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

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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

A merchant cash advance (MCA) cannot be termed as a loan. Instead, it is a cash advance based on the credit card sales deposited in the merchant account of a business. Once a company applies for an MCA, and it gets approved, the money is deposited into a business checking account within 24 hours or less. When compared to other lenders, providers of MCA evaluate the risks differently. For them to determine if a business can repay the cash on time, they look at the credit card receipts. However, the rates involved in an MCA are higher. If you are the business owner, take your time and evaluate if an MCA will meet all your needs.


The percentages of daily credit card sales that apply to your company’s advance from the holdback amount. In most cases, the holdback percentage is between 10 and 20 percent. However, the percentage remains fixed up until your business manages to repay the advance. For your business to manage to repay the advance fast, the number of credit card transactions needs to be high. In case the transactions of a particular day are lower than expected, the draw from the merchant account lowers. In simpler terms, the payback depends on the incoming credit card receipts.

Difference between the Holdback Amount and Interest Rate

Many companies that provide MCA charge a factor rate. Unlike the loans from banks and other providers, the rate does not amortize during the period of the advance. Depending on the provider, an MCA should be about double or triple digits.

Does your Business need a Merchant Cash Advance?

If your business needs cash to urgently carry out a project, an MCA makes much more sense. However, before taking the merchant cash advance, ensure that the business can manage to cover all the costs involved. It is important to note that since an MCA is not a loan; the providers do not report the payment history of your company to credit bureaus. Therefore, your business credit profile does not gain any strength. All businesses are advised to understand all the terms and conditions of an MCA before committing. Some big businesses have been able to acquire capital to make improvements successfully. The good thing about an MCA is that the criteria of qualifying are less stressing than the other conventional loan providers.

Alternatives to Merchant Cash Advance

There are some other alternatives that businesses can consider if they feel like an MCA might be strenuous. As the business owner, you should be in a better position to know whether or not your business will manage to repay the MCA on time. In case you opt to request for a merchant cash advance to carry out a project, ensure that it will generate income by the time you need to start repaying.

Another option small businesses can opt for is short-term loans. For a business to acquire a loan, the credit profile has to be strong. Failure to provide a strong credit profile may lead to the business being denied a loan. Starting a business is an affair that consumes a lot of cash. Most businesses manage to set up, but end up being short of cash to restock. If you suspect that your business might find itself in such a situation, it is your responsibility to ensure that the credit score is perfect.

A short-term loan is good for a small business because payments are requested either weekly or daily. Therefore, it is easier for the business owner to plan for the small payments instead of having to pay a tremendous amount of money at the end of each month. On the other hand, financial institutions that give out short-term loans report your credit history to business credit bureaus. Therefore, you may take that opportunity to always repay on time so as to strengthen the credit profile of your business.