Sioux Falls 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.


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 with Sioux Falls 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


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

Sioux Falls, SD boasts a robust business climate. The unemployment rate is far below the national average. The job market also appears stable. Sioux Falls’ economy, like all states’ economies, has ups and downs. The present landscape does look solid for business owners wishing to expand or otherwise alter current operations. Making new moves requires investing capital. Not every small business owner, however, finds him/herself in good financial position. Cash flow won’t cover expenses. A loan becomes necessary. Bad credit doesn’t support the cause of procuring a loan approval.

Bad credit might not be the stumbling block as a small business owner believes. Lenders who cater to troubled borrowers exist. These lenders could assist a Sioux Falls business owner with procuring a loan. The business owner, however, must do his/her part to improve further the chances of getting the best loan deal.

Business Plans and Strategic Maneuvers

Coming up with a loan amount can’t be random. Feeling the strain of limited cash flow and making up an arbitrary loan figure isn’t feasible. Neither is staring at notes detailing stalled projects and assuming “X” amount of money should move things forward. Asking for a loan with no plan or clear intentions at all may prove disastrous. Lenders want to know what the purposes for the money are. Otherwise, the bank won’t likely issue an approval. And truthfully, without a definitive strategy in mind, the loan funds probably will go to waste.

Small business owners must carefully think about what they need to do with their business. They must determine how much money is necessary to make a possible plan work. Doing so charts a better path for success.

Banks and Business Plans

Charting the desirable path also helps with the loan application process. Traditional lenders aren’t venture capitalists. While they may be willing to approve a bad credit loan, the lenders don’t focus on funding highly risky business ventures. Small business loan applicants must impress the lenders by showing business plans, charts, and other documents. The materials should display the intentions for the money along with a strategy for generating revenue. To instill confidence in the lender helps.

Prepare for the Loan Application

Assembling documentation for a loan officer isn’t the only preparation necessary. The borrower must enhance his/her understanding of how the loan process works. Someone with bad credit, in particular, cannot afford to go forward ill-prepared. One critical early step involves assessing creditworthiness. Don’t come up with generalized assumptions about a credit score. Order a credit report from the top three credit bureaus before applying.

Reviewing the report provides a picture of what lenders to direct attention. “Fair” credit opens more doors than “Bad” credit. Borrowers must learn precisely where they stand. The top three credit bureaus track all their financing-related actions to determine a score. Look at the score while also examining where the deficiencies exist.

Take Corrective Action

Once you uncover the reasons behind the poor credit score, take action to repair the credit score. High amounts of debt commonly contribute to low ratings. Work hard at paying those debt figures down. In addition to improving a credit score, you tell a new story to the banks. The tale reveals a troubled borrower’s decision to take action to fix a credit score and take more financial responsibility.

Also, be aware mistakes on credit reports do occur. Reviewing a score allows you to determine the report’s accuracy. Correcting inaccuracies only happens after discovering the problem.

Seeking the Best Lender

All the previously noted preparatory steps try to promote a simple goal: making the borrower attractive to the best lender. Even those with bad credit should be able to locate a Sioux Falls business lending firm that promotes fast processing, approvals, and deposits. Flexibility with payment plans is another plus.

Put effort into the search for the right lender. This way, the effort leads to locating the best loan.