Rapid Finance
Business financing to help you grow.
Overview
Rapid Finance is an online lender founded in 2005 that provides several financing products to small and midsize businesses in the United States. Their offerings include merchant cash advances (MCAs), term loans, lines of credit, and SBA loans. They are known for a streamlined application process and the ability to provide funds quickly, sometimes within 24 hours of approval. Rapid Finance caters to established businesses, often requiring two to three years of operating history, and serves industries like restaurants, healthcare, and retail.
✨ Key Features
- Fast funding (as little as a few hours)
- Multiple financing products (MCA, term loans, lines of credit)
- Streamlined online application
- Financing available in all 50 states
- No collateral required for some products
- No prepayment penalties
🎯 Key Differentiators
- Very wide range of financing products
- Technology-driven platform
- Ability to create customized financing solutions
Unique Value: Offers a one-stop shop for a diverse set of business financing needs, from simple term loans to complex asset-based lending.
🎯 Use Cases (5)
✅ Best For
- Covering operational costs
- Invoice factoring
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Startups or businesses with less than 2 years of history
🏆 Alternatives
Provides a much broader range of products than most individual online lenders.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
💰 Pricing
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