San Bernardino 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 San Bernardino 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

Delancey Street Provides Bad Credit Loans for Small Businesses in San Bernardino

If you’re a small business owner and have been turned down for other small business loans due to your credit, you’ll want to read on. Delancey Street has many loan programs that enable small business owners to cover expenses, make upgrades, improve cash flow, and many other uses. You’ll find their knowledgeable, friendly, and professional staff to be among the best in the industry. For our business neighbors in San Bernardino we offer the following types of loans:

  • Invoice factoring loans
  • Merchant cash advances
  • Hard money loans
  • Business lines of credit
  • Bitcoin loans and more

 

Getting Your Loan Documents Ready for Application

Our small business bad credit loans all have one thing in common. You’ll need to provide and demonstrate a need for the funds. This can include coming up with an updated business plan to support your request. To help the agent understand your request, you’ll want to provide as much supporting documentation as possible. This may include construction plans, graphs, invoices, photographs, and anything else that may help them visualize the scenario. It’s always best to create a presentation and be prepared with answers to questions that may arise. Getting a business colleague or family member to review this information can be very helpful. This may be the most important deciding factor for loan approval, so you’ll definitely want the information to be thorough.

Credit Isn’t Everything but It’ll Most Likely be Reviewed

Our small business bad credit loans can typically help most customers improve their current situation. However, you’ll definitely want to get as good of a handle on your personal and business credit as possible. You may want to use online services to obtain consumer and business credit reports. Any items that aren’t able to be resolved should have a clear explanation as to why they exist. Credit repair services can sometimes help to have negative and disputable information removed from your personal credit report. Occasionally, you’ll be asked to provide supporting documentation to support the dispute. Improving your credit prior to applying may qualify you for more loans.

Sorting Out Your Finances

Many sole proprietors are sometimes forced into using their personal credit and finances to fund their business. Accounting records, tax returns, assets, and net worth are sometimes required to be evidenced. It’s a good idea to have your accountant or someone you hire to review your company’s financial statements. Accurate and thorough information should be presented. This also includes providing accounting records for any overlapped items that may be used for the business. A good example would be documenting any collateral that’s been used for other loans.

The Loan Application

If you’re ready to apply for your bad credit small business loan, you’ll want to meet with a representative. Bringing any documentation along that you’ve compiled will help to speed up the process. The application will be taken and you’ll most likely be interviewed. A pre-approval may be issued based on the circumstances. The loan representative may ask you for additional documentation at this point. It’s important to provide this information as quickly as possible to not slow the processing time. Once your loan has a final approval, you’ll go to settlement.

Settlement and Post Closing Matters

Once you’ve reached the settlement you’ll be provided with the final loan documentation and the funds. You’ll be provided with the terms of the loan and can ask any questions you may have. After that, you’ll simply pay as you had agreed to in the contract. If you’re unable to make a payment on time, it’s important to contact the loan servicer at once. There may be other options to help you get back on track. Otherwise, you’ll be enjoying your new business improvements and be working to rebuild your credit. Delancey Street is available to help you get the funds you need for your small business today.