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

What You Should Know About a Merchant Advance
As a merchant, you may be looking for a short-term financial solution for your company. One way that you can get access to cash is by submitting an application for a merchant cash advance.

There are a few benefits of securing a cash advance from a merchant cash advance provider. The application process is quick. Many lenders provide a loan decision and deposit cash into your business checking account within 24 hours.

Another benefit is your cash advance amount will be determined by your credit card receipts. For that reason, merchant cash advance providers won’t require you to provide collateral to secure the advance.

After you complete the application for the merchant cash advance, the provider will promptly review your loan application and daily credit card receipts. If the provider determines that you generate enough revenue to repay the loan, it’s likely that you’ll be approved for a merchant cash advance.

Before you agree to the terms of a cash advance and sign an agreement, you should understand the terms of the loan and how the charges will be calculated. In addition to the principal amount of the cash advance, you’ll be required to pay holdback charges and a factor rate.

What Is a Merchant Cash Advance Holdback?
As part of your loan agreement, the merchant cash advance provider will assess holdback charges. A holdback is a percentage of your daily credit card transactions that are withheld to repay your merchant cash advance.

A merchant cash advance agreement requires you to authorize your lender to withhold these charges from your daily credit card receipts. The holdback charges are automatically deducted from your credit card receipts.

Here’s how a holdback charge works on a typical day if your provider assesses a 10 percent holdback charge. On Monday, your business had $3,000 in credit card receipts. As part of your agreement, the merchant cash advance provider will automatically deduct $300 from your credit card receipts.

Each holdback amount is applied toward your merchant cash advance balance. Since the holdback charge is determined by your daily credit card revenue, the holdback amount will be different each day.

Merchant cash advance providers usually assess between 10 and 20 percent of credit card receipts for holdback charges. Be certain that you are aware of your holdback percentage prior to committing to a merchant cash advance.

Additional factors that providers use to calculate holdback rates include the duration of the merchant cash advance, monthly receivable amounts and cash advance amount. It’s essential that you understand how these factors will affect your business.

Interest Rates and Factor Rates: What’s the Difference?
Traditional financial institutions assess interest rates for their loans. Interest rates are based on credit scores and the type of loan.

However, merchant cash advance providers assess factor rates. There are a few distinct differences between interest rates and factor rates.

First of all, factor rates are higher than interest rates. In fact, some merchant cash advance providers charge factor rates that are in the triple digits. Another thing you should know is interest rate loans are amortized. Factor rates aren’t.

A merchant cash advance includes factor rates in addition to holdback charges. A typical merchant cash advance agreement requires you to repay both.

Is a Merchant Cash Advance Suitable for Your Business?
Making the decision to sign a merchant cash advance agreement shouldn’t be taken lightly. You must carefully assess if it makes sense for your business to make this type of financial commitment.

A merchant cash advance can be a good solution for businesses that require a short-term infusion of cash to take advantage of a business opportunity. However, if you are experiencing a financial problem with no end in sight, a merchant cash advance may not be suitable for your business.