Minneapolis Small Business Loans

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 Minneapolis Small Business Loans

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

As a small business, there is a time when you will need to get funding to reach certain goals. In order to get the funding you need, it will be beneficial to obtain a small business loan. When looking to get a small business loan, you will need to consider the offerings of many local and national lenders. At Delancey Street, we specialize in providing small businesses with affordable loans on great terms. With our company, a small business will be in position to get a number of different funding sources that include merchant cash advances, business credit lines and also traditional business loans.

Delancey Street offers business loans with a number of benefits. These include things such as:

A fast approval process
Funding in as little as 2 days
Payment plans that are flexible
Bad credit loans
Freedom to use funds however you want

Once you apply for a Minneapolis small business loan, you will be able to use the funds for any purpose. This can include things such as meeting payroll expenses, paying for expenses and also paying off old debts. To get started in the process of getting a business loan, apply today.

Fast Minneapolis Business Loans

Getting a business loan is a very important decision to make if you are looking to reach certain goals. With more capital, you will be in position to complete a number of tasks such as purchasing equipment and funding your expansion. Since a business loan is a considerable amount of debt, it will be important to prepare for the financial implications of such as funding arrangement.

Pre Application Process

During the process of getting a small business loan you will need to first go through the pre application process. This is when you evaluate the exact reason why you are seeking a loan as well as shopping around for lenders. You will also look into the specific qualifications necessary to get a loan as well. It will also be important to gather all of the necessary documentation to apply for a loan too.

Your Credit

Whenever you are applying for a loan, one of the things that lenders consider is your credit. It will be very important to have a good credit history. This will allow you to get more affordable monthly payments and also qualify for more funding if necessary.

Improving Your Credit

If a business has credit that is mediocre, they can still qualify for business loans. However, it will be beneficial to work on improving their credit. With a better credit rating, a business will have more access to the capital they need. To improve your credit, you can pay bills in a timely manner, pay off past debts and also avoid overextending yourself with credit lines.

Target Your Request

Businesses that are looking to get a loan will have to target their request. This means that they will need to have a specific reason for seeking a loan. When dealing with lenders, providing a legitimate reason to get a loan will help them accommodate you. Examples of targeting your request will include proving that you need funds to expand to other locations or to meet payroll expenses.

Improve Your Financial Statements

One of the most important things that you will need to provide lenders is financial statements. These are documents that show the financial health of your business. Financial statements typically include the profit and loss statement and the balance sheet. Having a business that is profitable and financial stable is vital to qualifying for a business loan.

Assemble Documentation

The next step in getting a business loan is to assemble documentation. You will need to gather all of the documents pertaining to your business that will prove that you have the qualifications necessary to get a loan. These documents will usually include business licenses, documents with the business name and also the financial statements.

Understand Your Terms

Once you sign the official loan documents, you will need to understand the terms. The terms are the conditions in which must be met when receiving the loan. Business owners will need to know things such as the interest rates, loan payments and the length of the loan so that they can make timely payments on the loan and reach their goals.