DELANCEY STREET

Here's Who We Are

We're a Direct Lender

We’re a direct lender who funds small business owners nationwide, regardless of industry, credit, or time in business. We fund it all. GUARANTEED.

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We Provide Multiple Options

We have a lot of different financing options available to our clients. Regardless of your situation, we’ll have a solution for you.

Fast Approval

Our application process is completely online. You can get funds in your bank account in literally 24 hours.

The Working Capital You Need In 24 Hours.

We get you funding. It's that simple. Regardless of credit, income, or time in business - we'll fund you.

Apply

Use our online form or call toll-free anytime to get started. There's no cost, and the application takes only three minutes.

Approval

Receive application approval in as little as 24 hours. There is no credit check required.

Receive Funds

Review and return your signed agreement and get your money in as little as 24 hours.

Recent Funded Business

100K Term Loan

Ambulance Service

Our client bought a new ambulance.
2019 - June
55K Advance

Truck Funded

Our client used the funds to hire new team members.
2019 - February
85K Term Loan

Restaurant Funded

Our client used the funds for restaurant equipment.
2019 - May

Get a Decision in as Little As 30 Seconds

We’re Fast. We Help Regardless of Credit. WE HAVE A SOLUTION FOR YOU.

Apply Online

We have a completely online application process, which is simple and easy.

Get Offers

We'll match you with the best loan offers we have that are financially responsible.

Get Funded Quickly

We'll fund you the same day you accept our offer.

How Delancey Street Works

Fill Out Our Application

Answer basic questions about yourself and fill out our entirely online application. Each loan has its own online process.

Meet Your Concierge

We'll pair you with an experienced Delancey Street specialist who will reach out to you, and understand your needs. We'll try to determine which financial product is right for you.

Compare Our Loan Offers

We give you a few different loan offers based on your scenario and what options you qualify for.

Choose Your Loan

Once you've chosen a loan that works for you, we finalize it and start getting the documents needed.

Get Funded

Once we get all of the documents back, we'll get you funded ASAP.

We Help You Grow

After you get funded, your Delancey Street concierge specialist will keep in touch to make sure you're happy and doing well.

Business Loans

Get business loans ranging from 3 months to 18 months
No credit score requirement, we have a program for everyone
We can fund up to $5 million in virtually 24 hours

West Virginia Merchant Cash Advance

West Virginia Merchant Cash Advance
If you’re a business owner and you’ve never heard of a merchant cash advance, it’s time to learn what it is and how it works. This type of cash advance works in favor of small business owners who need funding to help with their business but do not have the ability to secure a small business loan and/or they don’t have time to wait to secure a traditional loan. A merchant cash advance is great for West Virginia business owners who want to grow their business, but you need to understand how it works before you take on this type of funding.
West Virginia business owners who take credit card payments are eligible to take on this kind of funding by repaying the money they borrow with their credit card sales. A portion of all credit card sales each day is used as a form of repayment for this type of loan. The lender takes the money directly out of your credit card sales via an ACH withdrawal from your bank on a regular basis.
Rather than repaying this loan over the course of several years by making monthly payments, the lender takes different payment amounts each day. The payment they take each day differs because they only take a set percentage of your sales. If you sell less via credit card payments one day than you do the next, the first day will come with a much lower payment than the second day. It takes anywhere from four to nine months to repay this cash advance depending on the gross sales of your business and what you repay daily.
Who Can Get A Merchant Cash Advance in West Virginia?
Anyone who owns a business and takes credit card payments can apply for a merchant cash advance. This type of loan is best for those who don’t meet the minimum requirements for a traditional small business loan. For example, a lender might ask you to provide a business history of at least a year or more. You must also meet specific credit requirements both personally and professionally. You must have a business plan that’s laid out in precise detail, and you must be able to work through the process of a traditional loan.
If you have the proper documents, you can easily apply for a merchant cash advance. All you need is a copy of your driver’s license, your business tax returns, bank statements, your credit score, and your business credit card statements. Once you turn in this documentation, it takes you anywhere from a day or two to secure your funding. It’s a great way for you to secure funding without waiting weeks.
How Much Does it Cost?
The biggest caveat of a loan of this nature is the cost of the loan. One thing you must understand about a merchant cash advance is that it’s an expensive form of borrowing compared to a traditional business loan. However, when you’re unable to secure a business loan, you might not mind paying a little bit more right now to grow your business with the funding you need.
The concept of a merchant cash advance includes a factor rate. This is not the same thing as an interest rate. A factor rate traditionally ranges anywhere from 1.14 to 1.48, and that is comparable to a 15 percent interest rate. Depending on your credit score, your factor rate might be as high as a three-digit interest rate. You must understand the conversion prior to apply for a merchant cash advance.
If you own a business, you know that there is nothing more important than learning to grow your business. You need to have money to spend to make money to grow. This means you have to have capital, but that’s not always easy to come by. What you must do is understand what you need, borrow only that amount, and have a business plan that supports your lending requirements. If you know your loan can make you more money than you’re spending, it’s a good investment. This is not the kind of loan you want to take if you’re not sure you can grow or flourish.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
Leo
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
Jason
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
Mary
$250,000 Hard money Loan

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
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If you have questions, feel free to shoot us an email, or fill out our live chat.

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