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

A merchant cash advance is a lending option for businesses that might not have the time or means to obtain a traditional loan. This is a direct cash advance, usually paid in 24 to 48 hours, based solely upon the company’s credit card sales. Business owners who are short on cash utilize this type of loan to get easy funding based on sales rather than their credit history and the state of the business.

This can be done quicker because the advance lender can easily review credit card receipts to determine the ability of a business to repay its loan in a timely manner. MCA providers also place different weight on credit and risk potential, allowing them to offer a higher approval rating to businesses than a traditional lender or bank. However, the rates and terms of these loans are also going to be different as a result, so it is imperative that you understand exactly what you are getting before you sign anything.

Interest, Fees, and Other Information to Know

Typically, a loan is repaid by the borrower making or setting up payments from their bank account on a structure schedule until the loan has been satisfied. However, since a merchant cash advance is repaid with credit card sales, things work differently. Instead of a loan payment, you will have what is known as “holdback”. This is a percentage of your daily credit card sales, which is determined at the time of your application and approval, that is used to repay your loan. Typical loans require holdback of between 10 and 20 percent of daily credit card sales.

The benefit to this is that repayment is based on your daily balance of credit card sales, which means you may be able to pay it off faster if you have a high volume of credit card transactions. Also, if things are slower on a certain day, the MCA provider will take less money. Essentially, you only pay back a percentage of what you bring in. This makes it nearly impossible to default on repaying a merchant cash advance, which is another great feature.

Interest rates are charged on MCAs. However, it is a factor rate rather than one that is distributed throughout the loan. Every provider is different, so talk to yours about what their interest rates are like and how they are calculated and charged so that you know what you are dealing with before you take the advance.

Is a Merchant Cash Advance the Best Choice?

Businesses that are in a tight spot can definitely benefit from a merchant cash advance. It makes sense for short-term, quick financing that your business needs. However, you have to look at the cost of the loan, including the interest you will repay, to make sure that it makes sense for your business. These advances cater to people who need quick money, so they have much less strict requirements for approval but they also come with a much higher price tag than a traditional loan.

If you are in a tight spot, this might indeed be your best option. Be sure to look at all of the options that you have for business capital when you need it to make the right choice. Also, keep in mind that this advance is not a traditional loan and that it is not reported to credit bureaus. That means that it will not improve or assist in building your business credit, so if that is part of your goal you might want to explore other funding options first. However, if you just need quick capital that you can repay on a much easier term, a merchant cash advance might be exactly what you need.