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Delancey Street is a premier small business lender, based out of NYC, that has helped broker 100's of millions in business loans. They are a pro, at making sure you get all of your financing needs satisfied.
- Over $200 million in funding secured
- Can handle low risk credit
- Handles all industries
- Handles high risk and low risk loans

It’s no secret that New York City is the land of opportunity. With a population of over 8 million, the Big Apple is home to some of the most successful entrepreneurs in the world. But what about smaller business owners who are struggling to keep up with the fast-paced city? Good news – funding opportunities for small businesses are on the rise!
The Current Small Business Climate in NYC
New York City has always been a hub for innovation, creativity and enterprise. Small businesses make up the backbone of the local economy, contributing significantly to job creation, customer satisfaction and overall growth. However, it’s not always easy to start or maintain a small business in the city. The cost of living is high, competition is fierce and regulations can be daunting.
Despite these challenges, small business owners remain optimistic. According to a study from the Partnership for New York City, more than half of the city’s small business owners expect their revenue to increase over the next year. Additionally, many are looking to expand their staff, product or service offerings and physical locations.
The Rise of Funding Opportunities
One of the biggest challenges facing small business owners in NYC is securing funding. However, in recent years, the funding landscape has begun to shift. Traditional lenders such as banks and credit unions are no longer the only sources of capital available to small business owners. Alternative lenders, crowdfunding platforms, grants and government programs have emerged as viable options for those seeking financial assistance.
Alternative Lenders: Alternative lenders offer a wide range of financing options to small business owners, based on unique circumstances and creditworthiness. Unlike traditional lenders, alternative lenders tend to have less stringent requirements and faster approval processes. In addition, they may offer non-traditional financing options like invoice factoring, merchant cash advances or lines of credit.
Crowdfunding Platforms: Crowdfunding has exploded in popularity in recent years, thanks to platforms like Kickstarter, Indiegogo and GoFundMe. Small business owners can leverage these platforms to launch fundraising campaigns for their businesses, products or services. They will need to present a compelling pitch, set reward levels for backers and promote their campaigns across social media.
Grants: Grants are essentially free money offered by government agencies, non-profits or private organizations to help small businesses achieve specific goals. Unlike loans, grants do not have to be paid back. However, securing a grant can be very competitive and requires a strong proposal.
Government Programs: The U.S. Small Business Administration and other state and local agencies offer a variety of loan programs to small business owners at low interest rates. These loans typically require rigorous documentation and may be difficult to secure, but could deliver the long term results that an entrepreneur is seeking when starting up their business.
Testimonials and Anecdotes
Donna Watson, owner of Coffee Buzz in Manhattan, recently secured funding from a local microfinance organization after being turned down by several traditional lenders. “I was about to give up on my dream of opening my own coffee shop,” she said. “But when I found out about microfinancing, it was a game changer. They really believed in my vision and gave me the money I needed to get started.”
Another successful example is Peter Kim who started his own graphic design business with just $5000 he received from a crowdfunding campaign. He mentioned that “Crowdfunding gives entrepreneurs a great opportunity to show off our ideas and gain traction in the market. It was amazing to see so many people supporting my company’s idea, and I couldn’t have achieved such growth without their support.”
Historical Evidence
Historically, small business owners in NYC struggled to gain traction during the Great Depression, the 1980s and the aftermath of September 11. However, resilience has shown in those owners who never gave up on their dreams of running their own business. Today’s support for local small owners would make them feel proud of where they started from and how far they’ve come.
Conclusion
New York City is a hotbed of opportunity for small business owners. Although finance can be difficult, there are options available like Alternative Lenders, Crowdfunding Platforms, Grants, and Government Programs that make it easier. Small business owners in NYC are optimistic, and with these funding opportunities, great things are possible. It’s time to rejoice – apply today!