New Hampshire 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.

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 New Hampshire 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

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

New Hampshire businesses looking to get quick access to capital may be interested in learning more about a merchant cash advance. A merchant cash advance is not a loan. Instead, as the name implies, it is an advance that a business gets that allows them to cover some of the unforeseen expenses they may need to deal with.

Businesses can turn to a merchant cash advance as a quick way to get the financing they need without worrying about putting up collateral. Even if a business or a business owner does not have the best credit, a merchant cash advance can still work for them. Depending on the circumstances surrounding the application, funding may be available in as little as two days from the date of application.

What makes a merchant cash advance different from a loan? With a merchant cash advance, what you’re doing is saying that you are going to be advanced money that you will reap a based on a percentage of your business’s daily credit card and debit sales. In addition to repaying the money that you have been advanced, you will also be charged a small fee.

Factors to Consider

When determining whether or not a merchant cash advanced is right for you, it is good to consider a few factors. First, a merchant cash advance allows you to get the quick access to financial resources that you need. However, quick money is usually expensive money. A merchant cash advance is no different. You are going to pay fees that are higher than what you would pay with a traditional loan.

When you get a merchant cash advance, the approval process is very easy. You will be asked for some information about your monthly income and for verification of your credit card receipts, bank statements, and personal identification. However, when you get an advance of this type, you’re going to have less flexibility when it comes to changing merchant service providers.

One of the major challenges that businesses have in getting loans from financial institutions like a bank has to do with their credit. If a business has bad credit, it’s almost impossible to get a loan from a traditional bank. However, with a merchant cash advance, bad credit is accepted. However, since payments are made by daily deducting from your credit card receipts, your business is going to see a reduction in its cash flow.

Is This Advance Right for Me?

This is a valid question. If you have a business but because your business is new you don’t have a lot of collateral or if your business has a low credit rating, a merchant cash advance might be the answer to the financial problems you are facing. These advances are designed for small businesses, especially those that are just starting. The eligibility standards for this advance are a lot lower than what you would see with a traditional loan. The majority of small businesses have no problem qualifying for the advance.

Additionally, if your business makes a lot of revenue via credit card payments, like if you own a restaurant or a retail store, a merchant cash advance is going to work well for you. It is an excellent short-term financing tool. It can give you the capital that you need so that you can go out and buy the inventory your business requires, payback debts, or address unexpected expenses that arise from unforeseen occurrences.

If your business is like most other businesses, it could benefit from some extra capital. Going to the bank and applying for a traditional loan may require time and energy that your business does not afford you. Even if you do take the time to fill out an application for a bank loan and send it off, if your business is new, if your credit is bad, or if you do not have a lot of collateral, there’s a good chance that the answer you’re going to get is no.

A merchant cash advance can help you as a business owner to get the financing you need in a prompt way. Although a merchant cash advance is one of the fastest financing options out there, it is good to remember that it is also one of the most expensive ways to get access to capital on the market today.