Delancey Street Review

Delancey Street is a direct lender that offers loans aimed at helping small businesses grow. It’s headquartered in California but offers loans nationwide.

Business Acquisition Loans Best for
4 /5
$ 500 /mo
Starting Price
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Table of Contents

    What Loans Delancey Street offers

    Delancey has nine types of loan on offer:

    • Small business loans
    • Invoice factoring
    • Lines of credit
    • Private money loans
    • Business cash advance
    • Merchant Cash Advance
    • SBA loans
    • Hard money loans
    • Fix and flip loans

    How Delancey Street works

    This lender is a little different from its competitors in that it considers the creativity of your business plan when determining your rates, alongside other more traditional factors like general business performance.

    While each product will offer different terms, there are some common themes across all loans, including:

    • Borrow between $10,000 and $5 million
    • Interest rates start from 8.99%
    • Repayment terms between three months and two years
    • Fast two minute application on all loans

    How do I qualify for Delancey Street?

    While Delancey doesn’t perform a credit check, it does expect you to have a strong business history.

    Each case will be assessed on consistency and level of revenue alongside the creativity of your business plan.

    However, it doesn’t disclose any specific qualification criteria; you’ll only find out if you’re eligible on application.

    Delancey Street Pros And Cons


    • Fast, two minute application
    • No minimum credit score requirements
    • Receive funds within 24 hours of approval


    • High starting interest rates
    • Qualification requirements aren’t completely clear
    • Repayment terms can be restrictive

    How do I apply for Delancey Street? 

    All applications are completed via an online form, which will only take a couple of minutes to fill in.

    Documents I need to apply for Delancey street 

    You’ll need copies of your business bank statements going back for the last seven months.

    You’ll also need your employer identification number and your social security number.

    Delancey Street for bad credit

    Delancey Street is a good option for those with bad credit.

    It doesn’t carry out a credit check at all and will base your loan application on the health of your business instead.

    However, you’ll need evidence of strong and consistent revenue to be accepted.

    Delancey Street customer support

    Customer service options are a little limited. You’ll only be able to contact this provider via email or the online contact form.

    There are no phone or live chat options.


    If you’re a creative type looking for a business loan that doesn’t rely on your credit score, then Delancey may be the right option for you.

    However, with high starting interest rates and repayment terms of a maximum of two years, some businesses might struggle with repayments. 

    You might want to give SmartBiz a try as an alternative. It has starting rates from just 6.25% on some loans and offers repayment terms up to five years.