Michigan Merchant Cash Advance

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 Michigan Merchant Cash Advance

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

Business owners looking for financial capital can turn to a merchant cash advance when other lending options do not work. As a business owner, you already know that you must spend money to make money, but what happens when a lender will not lend you the money necessary to grow your business? For example, let’s say you own a restaurant and you are in need of commercial grade appliances for your kitchen or you cannot grow. You can’t cook for dozens of people at a time without the right appliances, but you have to have the financial means to pay for those items.

When a traditional lender denies a loan and raising capital isn’t working for you, you might feel as if you have no hope for your business. Fortunately, a merchant cash advance might be the financial solution you’re looking for. This is a perfect solution for anyone who doesn’t have enough collateral for a traditional loan, who doesn’t have a business credit history, or who doesn’t have a good enough credit score to qualify for a small business loan. Here’s what you need to know about a merchant cash advance.

Who Should Use a Merchant Cash Advance?

A merchant cash advance is best for those who haven’t the ability to secure a business loan through a traditional lender. This includes anyone without a business credit history, a poor credit history either personally or professionally, or someone who only recently opened their business. If you can secure a loan through a traditional lender, it’s better to do that.

How Does a Merchant Cash Advance Work?

It is a simple process. A merchant cash advance is not for any business that works without credit card sales. This is because the repayments you make occur every day through a percentage of your credit card sales. Your lender is going to take their repayment from you every day through an ACH withdrawal process. The amount you repay each day is based on the number and amount of credit card sales you make that day. The percentage you agree to with your lender is then removed automatically from your bank account every day to help repay your loan.

If you qualify for this type of cash advance, you will repay in this manner until you are done repaying your loan. It’s a fast process, however. You can apply for a merchant cash advance one day, and your funding is in your bank account in only a day or two without nearly as much paperwork or as many lending requirements as a traditional loan. It’s important you realize that the rates you pay are expensive with a merchant cash advance.

This is what happens when you want quick funding or don’t have the credit to apply for a traditional loan. You pay for the convenience and the approval with a high factor rate. This rate is anywhere from 1.14 to 1.48 for most borrowers. When comparing this to an annual percentage rate, it starts at 15 percent and grows from there. It’s an expensive form of borrowing.

The length of time it takes to repay a business cash advance depends entirely on your business, your revenue, and what you borrow. Most businesses are able to pay off their balance in as few as four months, but it might take you as many as nine months to pay off the balance of your loan.

Applying For A Merchant Cash Advance

It’s easy to apply for this type of funding. You need to find a lender who will work with you, and then you provide the correct documentation.

– Driver’s license
– Credit card statements
– Business check that’s been voided
– Business taxes
– Credit scores – business and personal
– Bank statements both personal and business related

Once you turn these documents into the lender, they go over what you provided and get back to you with a decision. It might take a day or two for you to get your funding, but it’s much faster than going through a traditional lender and waiting weeks for approval and financing.

If you cannot secure capital to make your business grow in a traditional manner, a merchant cash advance might be the best solution. Make sure you can repay this loan in a timely manner, and make sure your business plan is a good one. This is your opportunity to take your business and make it grow significantly.