What Does Delancey Street Actually Do?
We are a direct hard money lender that uses A.I. technology to help real estate investors get competitive hard money/private money loans. Money and finances should never be the obstacle that stops you from succeeding. We regularly help entrepreneurs, real estate investors, and businesses of all sizes challenge the status quo. We take risks on the go-getters, and do’ers – who have an opportunity and need a partner.
Hard Money Loans
Need help capitalizing on a potential real estate transaction? We can help. We look at you, and the quality of your deal only.
Private Money Loans
We provide private funding for virtually any business opportunity you have. Tell us about your opportunity, and we’ll let you know if we can fund it.
We can help take your company public, with a reverse merger. Unlock access to new capital, and business opportunities through a reverse merger with our help.
Have bitcoin, but need capital? We lend against bitcoin, and other cryptocurrencies. Contact us to find out whether we can help you or not.
Delancey Street believes in providing opportunity to entrepreneurs. We're open to any type of creative financing opportunity presented to us. Nothing is unorthodox.
We invest capital, or can help you find access to private money / venture capital, for your next project / deal.
Hear from people we’ve helped
“Delancey Street makes lending easy. They took a chance on me when no one else would.”
- Leo kovacz
Industries We Service
- 1 Tell us your financial request
- 2 We consult & provied terms
- 3 We finalize the transaction
- Looking to purchase a property
- No obligation and no effect on y
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.
Minimum Qualifications Requirements
Delancey Street’s team consists of builders, developers, hard money lenders, and entrepreneurs. We understand your project 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.
Hard Money Loan Guidelines
|Speed||We close within 24-48 hours|
|Qualification||Project and LTV matter. We don’t care about your credit.|
|Loan Terms||12-48 Months|
Recently Funded Projects
Residential refinance in Los Angeles, with a loan amount of $830k, at 75% LTV. We were able to help the investor get a loan at 8.99% with a balloon payment after 18 months.
Delancey Street funded a new residential purchase in California, for $1.2 million with 82% LTV. We helped the developer with a loan at 11% with a balloon payment in 9 months.
Property in New York was torn down, and redeveloped. We provided a 60% LTV loan for $700k. We charged no upfront fees, and had a balloon payment after 10 months, with a 9% interest rate
Frequently Asked Questions
What kind of loans do you offer?
We handle all types of loans, ranging from hard money loans, private money loans, to private equity capital infusions, and more. We look at each deal individually, and invest based on the merits of the case. We act as a direct hard money lender, but can – in select situations – bring in additional investors in order to help you get the funding you need for your business opportunity.
How fast can Delancey Street provide a hard money loan?
We’re partners first – hard money lenders second. We treat you how we’d want to be treated as your partner. We’re not going to make fake guarantees just to sell you. Here’s the honest answer: we’ll do it as quickly as possible. We won’t play games, and we don’t intentionally delay the process. We use a very sophisticated deal processing system which enables us to give answers quicker than other hard money lenders. The faster you send us your information, the quicker we can provide an evaluation. If we have follow up questions, we’ll send you them.
What credit score do I need to qualify for a hard money loan?
When it comes to hard money loans / private money loans, we don’t look at your credit score. Our primary focus is the potential opportunity in question. We focus exclusively on the LTV, and other facts pertinent to the deal itself. We are more concerned about the viability of the project, than your past history. It’s that simple.
What does Delancey Street do besides hard money loans?
Delancey Street’s primary focus is providing financial solutions. We engineer creative financing methodologies to help entrepreneurs achieve their goals. For example, we offer loans against Bitcoins – where the coins are used as collateral for fiat currency loans. In addition, we conduct transactions like reverse mergers – where we help take companies public. These additional services are part of our core philosophy of handling complex transactions, and coming up with cohesive strategies that accomplish the goals of the entrepreneur.
What are your fees for hard money loans?
Every single loan is different. In some cases, we may charge points upfront. In some cases, we may choose not to. We typically charge interest rates between 8-12%. In some of the more unregulated industries such as Cannabis, we charge higher interest rates due to the increased risk associated with these industries. What we can assure you of is the fact we’ll always be transparent and straight forward.
How can I get pre-approved for a hard money loan?
Every single hard money loan is different. In some cases, we may charge points upfront. In some cases, we may choose not to. We typically charge interest rates between 8-12%. In some of the more unregulated industries such as Cannabis, we charge higher interest rates due to the increased risk associated with these industries. What we can assure you of is the fact we’ll always be transparent and straight forward.
Are there any hard money loan application fees or anything?
Absolutely not. We don’t believe in hard money loan application fees at all. We want you to tell us about your opportunity. We’re thrilled to be able to help you. With that being said, the first step is to fill out our contact us page, or visit our loan application form. We also have live chat for any questions you have. Bottom line, we’re transparent – we’re here to stay.
We provide opportunity – first, and foremost. It just happens to be that we do it, via loans, private equity infusion, etc. We believe money should never stop you from achieving what you want. We help entrepreneurs, real estate investors, and businesses, challenge the status quo by providing them with the funding they need. At Delancey Street, we take risks on the go-getters, and doer’s – who have an opportunity and need a partner.Learn More
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