stop paying merchant cash advance

Small business owners can use loans to grow their business. You can use the funds however you wish.

1

Cover Expenses

Pay for any unexpected expenses that arise using our business loans.

2

Invest in your business

Use the business loan to grow your business however you wish.

3

Liquid

Keep the cash on hand for future expenses.

4

Payroll

Use the business loan to pay your employees.

5

Equipment

Buy new equipment to grow your business.

6

Staff

Use the business loan to hire new employees.

We Fund Fast

24-48Hrs

Loans up to

$ 10 Million

Google Rating

5 Stars

PARTNERS FIRST.
LENDERS SECOND.

Hear from people we've helped

Delancey Street makes lending easy. They took a chance on me when no one else would.

Leo kovacz

Founding Partner (Zooomr Car Leasing)
Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would and helped my...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

Delancey Street Can Help
with 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 of your credit, or the riskiness of your industry.

Trusted

We're frequently interviewed by major media organizations.

Easy Application

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.

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

We’re here to answer your
questions. Contact us anytime:

Minimum Qualifications Requirements

Delancey Street’s team consists of former business owners, and entrepreneurs. We understand your business has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Business Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification 3 months in business minimum. Credit isn't a huge issue.
Maximum Loan Amount $5 Million
Loan Terms 6-24 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get funding today

  • Apply today and we'll tell you what you qualify for
  • No obligation and no effect on your credit score
Get pre-qualified today

stop paying merchant cash advance

MOVING AWAY FROM TRADITIONAL BANK LOANS.
Is Merchant Cash Advance a loan?
Merchant cash advance has come in to see to it that small business owners, as well as anyone looking forward to growing, gets easy access to capital. It is a form of quick cash. Initially, Merchant Cash advance was available to businesses whose main source of revenue was from sales of credit and debit cards. This has drastically changed.

It is mainly concerned with lending of upfront cash for persons willing to part with a small number of future sales, as opposed to a loan. This is, therefore, a system that seeks to enable you to attain the business goals and plans that you have always looked forward to, and ensure you provide the quality services that your clients expect from you.

Operational basis of Merchant Cash Advance (MCA)
It is always crucial that anyone seeking to engage in any form of activities takes cautions. This is to suggest that you ought to familiarize with the nature of an activity, its advantages as well as disadvantages. Merchant Cash Advance is no exception to this category, and therefore we are going to unfold how MCA works below.

It is not true in its entirety that Merchant Cash Advance is solely built upon guarantees or even personal credit. This system of financing involves the purchase by individuals of future credit cards. What this means is that there might be no need for collateral, which serves as an advantage to the person taking up the financing option.

Furthermore, it gives an advantage to the client in that unlike in the traditional loans from banks; there will be no need for credit card check or even having credits as the means of acquiring advance loans. Merchant Cash Advance serves the needs of many of the business owners in the current market given its precise process.

How lengthy is the process?
As highlighted, the process is not very complex or cumbersome. To begin with, the business owner seeking to benefit from the financing option needs to fill a form provided online. The form is then submitted, and it takes some time to be processed. Within 48 hours from the time of application, the loan is approved.

Payment of the advance cash
Settlement of the Merchant Cash advance is not mysterious in itself. This is owing to the fact that the figures are agreed upon before the online forms are approved. In addition to the cash granted, the client will have to pay a small sum. All this entirely depends on the amount of profit the business is going to earn. The process of payment is actually automatic, giving relief to most of the clients and business owners.

Well, the good news with this system of financing is that if in any case, your business fails to earn a profit, then you have absolutely nothing to worry about. Payment is, strictly speaking, charged when the business is doing well.

Merchant Cash Advance vis a vis Traditional bank loans
It could amount to coercion if someone failed to mention both sides of the coin then leave the option with the client. In that regard, we shall have a brief overview of the process that entails traditional bank loans. Every business owner will often need funds to sustain or to improve his business. This means they will go out of their way to find alternative sources of income, and traditionally, getting loans from various banks has been the best option for many business owners.

It would be obvious that any option the business owner opts to settle for has its advantages as well as its disadvantages. In the same vein, bank loans fall within this scope. One of its advantages s that it comes in to bridge that financial gap when you have no other source of income that you can rely on.

Why are people moving away from bank loans?
The main disadvantage that comes with bank loans is the lengthy process it takes before a loan can be approved. Therefore, if someone urgently needed the finances, they may end up frustrated as the money will not be received on time. A business might fall into liquidation with little left on the part of the business owner to do.

It is essential to meet certain needs before you can be approved for a loan. But this is not entirely to be blamed on the banks as they also have to take precautions to avoid any future inconveniences. In this regard, every single thing has to be adequately accounted for. This has resulted in other means that are less lengthy.

Besides, getting comfort from bank loans means the business owner has to deal with high interest rates. Thus, you actually have to give more back to the bank, and as a result, the benefits acquired from the business may not be that worthwhile. The business owner has to be wary of these facts and ensure he or she makes the right decision in choosing a financing option. In any case, banks provided steady loans in the past and therefore can still do in the absence of modern financing means.

Do you need a small business loan?

Apply now