To learn more about Delta Capital and decide if it’s right for your needs, please continue reading:
Securing funding is one of the most significant challenges for small business owners. Traditional banks often impose stringent requirements, making it difficult for businesses with lower credit scores or minimal collateral to qualify for financing. This leads many business owners to explore alternative lending options that provide quicker access to capital.
Delta Capital is an alternative lender specializing in fast funding solutions with more accessible eligibility criteria. It offers various financing options, including lines of credit, term loans, and merchant cash advances, designed to meet the diverse needs of small business owners. However, while Delta Capital provides flexible funding options, it may not fit all businesses, especially those seeking long-term, low-interest financing.
This review explores what you need to know about Delta Capital, including the available loan options, the application process, and the pros and cons. Specifically, we’ll answer these questions and more:
Delta Capital Group is a direct funder specializing in providing fast and flexible funding solutions to small and medium-sized businesses. Established to help companies address unexpected expenses and growth opportunities, Delta Capital offers several financing options tailored to meet specific business needs. The company prides itself on same-day funding options and a streamlined application process that minimizes the need for extensive documentation. Delta Capital Group has earned a reputation as the #1 funder in the industry.
Delta Capital primarily provides working capital, allowing businesses to invest in their operations, manage cash flow, and cover operational expenses. The company is known for offering high approval rates, even for businesses with less-than-perfect credit. With a focus on great service and professionalism, Delta Capital has positioned itself as a reliable source of funding for small businesses.
Delta Capital follows a straightforward funding process designed to provide business owners quick access to funds. The process includes three main steps:
Delta Capital offers a business line of credit that provides flexible access to funds. Business owners can draw from the credit line as needed, and interest is only charged on the amount utilized. This option is ideal for managing cash flow, covering unexpected expenses, and taking advantage of growth opportunities. Businesses can get approved for a line of credit in as little as 48 hours, ensuring quick access to necessary funds.
Short term business loans through Delta Capital provide a lump sum of money that is repaid over a fixed period, usually 6 to 18 months. These loans are suitable for businesses that need quick capital to address immediate operational needs or invest in short-term projects. Businesses using short-term loans often increase working capital, invest in new inventory, or purchase new equipment, making this option highly versatile for various business needs.
Delta Capital’s long-term loans are designed for more significant investments and have repayment terms ranging from 1 to 5 years. These loans often have lower interest rates but may require a more rigorous approval process. Long-term loans typically have lower monthly payments than short-term loans, allowing businesses to maintain better cash flow while acquiring the necessary funds for expansion. Long-term business loans can sometimes range from five to twenty years, providing even greater flexibility for large-scale projects.
Invoice factoring allows businesses to sell unpaid invoices to Delta Capital in exchange for immediate cash. This option is useful for businesses that experience delays in receiving client payments and need to improve cash flow.
Delta Capital offers equipment financing to help businesses purchase or lease equipment without tying up working capital. This financing option is ideal for industries that rely heavily on specialized machinery or technology.
A merchant cash advance (MCA) provides businesses with a lump sum of cash in exchange for a percentage of daily credit card sales. This option is suitable for businesses with consistent credit card sales and a need for quick capital.
Delta Capital also facilitates SBA loans, which are government-backed loans offering competitive interest rates and favorable terms. These loans are typically used for long-term investments and large-scale projects.
Delta Capital has more lenient qualification criteria than traditional lenders. To qualify, business owners typically need:
When considering Delta Capital, small business owners must clearly understand the cost structure, credit impact, and repayment terms of their funding options. Interest rates and fees can vary significantly depending on the type of loan selected, the business’s financial profile, and the repayment terms.
For instance, merchant cash advances typically come with higher fees due to the associated risk and shorter repayment periods, making them a more expensive option for businesses needing immediate cash flow. Short-term loans and invoice factoring may also have higher costs than traditional term loans, so business owners need to weigh the total cost of financing before committing.
Another factor to consider is the potential impact on your business credit score. When applying for funding through Delta Capital, a hard credit inquiry may be conducted, which can temporarily lower the business’s credit score. While Delta Capital is known for offering flexible eligibility criteria, business owners should know how multiple credit inquiries within a short period can impact their overall credit profile.
Delta Capital doesn’t publish information on a business affiliate program. ISOs and business loan brokers should contact the company to discuss potential options.
Delta Capital provides a simple, streamlined application process. Follow these steps to apply:
Complete an online application through Delta Capital’s website. Include relevant business information and supporting documents such as bank statements and financial records.
Delta Capital’s underwriting team reviews the application and evaluates the business’s eligibility. Qualified applicants typically receive approval within hours.
Upon approval, funds are deposited directly into the business’s account, often within 24 hours.
After receiving funding, business owners should be aware of the repayment terms and potential options for renewal or early payoff:
Delta Capital offers various advantages that make it an attractive option for small business owners seeking to receive funds quickly and with flexible funding solutions. One of the primary benefits is the fast approval and funding process, which allows businesses to access capital on the same day they apply.
This speed is critical for businesses that need immediate funding to address unexpected expenses or seize new opportunities. Another advantage is the flexible eligibility criteria, which enables businesses with less-than-perfect credit to qualify for funding. This makes Delta Capital a viable option for companies struggling to secure loans from traditional banks.
In addition to its fast approvals and flexible criteria, Delta Capital provides various financing options tailored to various business needs. Whether a business requires a line of credit, invoice factoring, or equipment financing, Delta Capital offers multiple funding solutions.
Furthermore, the company provides access to expert advisors who guide business owners through the funding process, ensuring they choose the best option for their specific circumstances. Another noteworthy advantage is that most of Delta Capital’s funding options do not require collateral, minimizing the risk for business owners who may not have valuable assets to pledge. Additionally, Delta Capital Group offers unsecured business funding solutions, further enhancing accessibility for small businesses.
Despite these benefits, Delta Capital also presents some potential drawbacks that business owners should consider. One of the main disadvantages is the higher cost associated with some of the funding options, particularly merchant cash advances and short-term loans, which often come with higher fees and interest rates.
These higher costs can significantly impact a business’s bottom line, especially if the business relies on ongoing financing. Another drawback is the frequent repayment schedule that is often required, with daily or weekly payments. This structure can strain a business’s cash flow, especially if revenue fluctuates.
Furthermore, while Delta Capital offers a range of financing solutions, its long-term funding options may not be as competitive as traditional bank loans. Businesses seeking low-interest, long-term financing may find better options elsewhere. As with any funding provider, business owners should carefully evaluate the total cost, repayment terms, and potential impact on their operations before committing to a financing agreement.
Pros:
Cons:
Delta Capital is a legitimate funding provider with a solid reputation. The company maintains positive ratings on review platforms like Trustpilot and the Better Business Bureau (BBB). Many customer reviews highlight the company’s excellent service, professionalism, and fast funding process.
Delta Capital has mainly positive reviews but also receives some criticism. The lender has a Trustpilot rating of 4.8 out of 5 on over 220 reviews and a rating of 3.7 out of 5 on over 70 reviews.
Positive reviews often focus on the professionalism, respect, and courtesy extended by team members such as Steve Ross, Manny, Greg, and Miriam. Their clients love them—not just for their detailed work but also for helping them lock in great rates quickly. Clients frequently comment on how Delta Capital takes the mystery out of finances, providing a calm, reassuring, and seamless experience. Steve Ross, in particular, provides excellent communication and follow-up during the funding process, further enhancing the customer experience.
Though few and far between, negative reviews sometimes reference a lack of communication and delivery delays. Given the overwhelmingly positive reception, these cases seem few and far between. However, Kyle is mentioned as an unprofessional representative who failed to promptly respond to client inquiries, which may have contributed to some negative feedback.
Delta Capital has a high approval rate, with the lender’s website stating that over 90% of applicants get approved. However, the lender may deny applications due to credit scores, inconsistent revenue, or other issues.
If you were declined, the lender should explain why, provide tips on improving your application, and tell you when you can reapply. If not, contact the lender directly for more information.
Fortunately, many lenders are available if Delta Capital doesn’t work for you. Several lenders and small business loan marketplaces provide similar financing options, in addition to others.
You may be interested in one of the following small business loans through our lender network:
Delta Capital is an excellent choice for businesses that need fast funding with flexible eligibility criteria. It is ideal for companies facing unexpected expenses, needing working capital, or seeking to invest in growth opportunities.
However, businesses looking for low-interest, long-term financing may find better options with traditional lenders or SBA loans. Carefully consider your financing options and consider getting offers from multiple lenders to shop for the best deal possible.
Based on the available information, we rate Delta Capital 4 out of 5. It stands out for accessibility and fast funding, but lower-cost options are also available.
Disclaimer: The Delta Capital trademark is owned by Delta Capital Group, LLC. and its use herein is for reference purposes only and it does not indicate sponsorship or endorsement from Delta Capital Group, LLC.
Fraud Disclosure:
Please be aware that individuals have been fraudulently misrepresenting to business owners (and others) that United Capital Source, Inc. (“UCS”) can assist small businesses in receiving government grants and other forgivable business loans, when in fact those grants or loans do not exist or are not available. These individuals have ulterior motives and are engaging in the unauthorized use of the names, trademarks, domain names, and logos of UCS in an attempt to commit fraud upon unsuspecting small business owners.
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