Small business financing company Rapid Finance has grown to be one of the biggest names in alternative business financing since its founding in 2005. With personalized customer service, competitive rates, and flexible funding options, Rapid Finance has funded over $2 billion for companies in various industries.
The company's variety of financing options puts it at the forefront of the industry. Rapid Finance also provides a business advisor who will work with customers one-on-one in order to service every unique business situation.
Applications are not solely based on credit score, giving more applicants funding opportunities, and financing amounts start at $5,000.
Customers can get approved in minutes and can receive funding in as little as 24 hours.
Rapid Finance provides a variety of financing options for lots of differing borrower needs, including the following:
Through its lending partners, Rapid Finance allows customers to participate in low-interest rate SBA-approved bridge and long-term loans.
The company's small business loan is a great fit for small businesses that do not meet the criteria for an SBA loan.
The merchant cash advance (MCA) and line of credit are both good options for short-term cash needs. Small businesses can purchase new equipment, bolster their payroll, or pay off tax liens with the MCA or line of credit products.
Approved loan uses depend on the loan type, but includes practically any need you have as a business owner, including the following:
Be aware that Rapid Finance works with a partner network of various finance brokers for equipment leasing, credit card processing, asset based loans, and invoice factoring so pay close attention to the specific requirements, rates, terms, and conditions set forth by your direct lender, including the following:
With Rapid Finance and its partner network, businesses can receive financing ranging from $5,000 to $10,000,000 depending on gross sales and other factors.
Many lenders in the industry only offer loan amounts closer to $500,000, giving Rapid Finance a leg up on its competition.
Rapid Finance's website provides excellent resources for small business owners including white papers, slide share presentations, and an e-book on marketing best practices. Its blog is updated frequently and includes a long list of articles covering several small business topics.
Additionally, you can check your eligibility with Rapid Finance's loan amount calculator to see how much you could qualify for if approved based on your credit score and gross monthly sales.
Keep in mind that the results of the calculator are no guarantee; you’ll still need to be formally approved with an application.
When clients choose to work with Rapid Finance, they'll have access to a personal business advisor who can help them determine which financing options are right for their business.
Rapid Finance also provides a number of other tools for borrowers, including a client portal that is accessible around the clock and allows borrowers to upload documents, see payment information, and review financing when applicable.
The majority of Rapid Finance reviews are positive, giving the company a high rating from consumers. Rapid Finance customers highlight quick loan approval and funding time, great staff and customer service, and competitive rates.
With such high ratings from customers, future borrowers can have peace of mind knowing Rapid Finance is a trusted lender that delivers quality and satisfactory service.
Rapid Finance does not provide funding for startups, so those looking for startup funding will need to look elsewhere.
To qualify for a loan with Rapid Finance, businesses have to meet certain requirements, such as being in business for at least six months and having at least $5,000 in monthly revenue. Business owners will need to have a credit score of 550 or higher.
Rapid Finance does not service the following business types:
Overall, Rapid Finance has some great options available for the small business owner, including a merchant cash advance, a line of credit, and other small business loans.
In addition to offering multiple financing solutions, the company offers a simple application process, opportunities to borrow even with bad credit, quick approval and funding times, and respectable customer support.
If you are a consumer looking for a trusted lending option and your company has at least six months in business and $5,000 or more in monthly revenue, a Rapid Finance loan may be a great choice.
You can find Rapid Finance reviews below to learn more about the customer experience with the lender.
Call our recommended rep over at Rapid Finance below.
1-(866) 564-3221
Best Company guarantees your satisfaction if you choose a company that has earned this distinction. If you're not satisfied after 30 days, simply let us know and we'll give you $100. Yes, it’s really that simple.
Learn MoreStar Rating
282 Reviews
Review Breakdown
Sentiment Criteria
bookmark Featured Review
Verified Customer
5
Rapid Finance jumped on the ball and took care of things so that's how we wound up with them. There was passion with what they were doing. They came beside you and that was the most important part for me, getting somebody to help me out when I needed it. They took charge and began to ask questions that were relevant to get the loan. It was two or three days of calling back and gathering information. Their work ethic was good. At the beginning I was very nervous about asking for the loan thinking that no one would help me out but then they had the confidence in what they did and were able to help me out. It was a great great help.
Reply from Rapid Finance
Apr 19, 2019
Thanks for the awesome review, Samuel! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you. Cheers!
bookmark Featured Review
Verified Customer
5
I went with Rapid Service because they were the easiest to work with. They were fast and they did what they said they were going to do. They were lovely to work with. It was very easy to apply. The terms were some of the best we found and they made it very easy to help us through each step of the way answering any questions we had.
Reply from Rapid Finance
Apr 19, 2019
Thank you so much for sharing your experience with Rapid Finance.
Brian Juran
I had a great experience using rapid finance to get a loan for my business. The process was streamlined professional and very fast.
douglas mininger
I am very happy with Rapid Finance. Doug stuck with it and got it done. My finances were complicated. He worked very hard for me. Next time you're looking for $$... Let these folks do it for you!
CSI Secure Solutions
I have worked with Rapid Finance before and had an excellent experience. The loan was fair based on a competitive market analysis but more important the customer experience was superior compared to other previous companies that I have used. A big shout out for my Business Advisor Connor P. who was extremely helpful, informative and professional. I highly recommend Rapid Finance and ask for Connor and tell him Chris Cavello sent you. You will not be disappointed!
David Carmona
Fair, fast and followed through. What more can we ask for !!
Business
We worked with Conner N. to get the funding we needed and he was awesome! He was proactive and thorough, plus he advocated for our business and guided us through to a great result. He cared about what we wanted and that matters!
Yvette Batres
Ryan D. is amazing very thorough, knowledgeable , and gets it done. From the first day he made the process easy and we have become a repeat customer. We appreciate working with Ryan and above all you meet up to your name Rapid is your key. Rapid Finance by far the best to assist in quick turnaround. Thank you Ryan and thank you Rapid Finance.
Natividad Pacheco
My finance assistant was incredible, this is my third loan with Rapid finance ,and my go to loan was Ryan D, great experience.
Michelle Walters
Shawn was a delight to work with. Very responsive to all matters.
ARIFF SHAREEF
Very Professional, excellent service and very friendly staff !! I will definitely recommend your service to others.
Jerree Winn
I have always had excellent customer service with this company. It has always been very prompt. Thank you!
Jon shipley
It was quick and easy I will recommend it too everyone
Vanessa McKenna
Ryan D. is my go to loan advisor at Rapid Finance. . He is knowledgeable, professional, not pushy, respond quickly to questions and requests , I believe this is about my 20th loan with this company so yeah I guess I would say I'm a repeat customer. Which speaks for itself. Five stars for Ryan D. And Rapid Finance.
Reina Cohen
Really help fast and professional all them give me confidence the way they request all documents
Mary Webre
Dennis and everyone was awesome! Got funded as promised. Great people to do business with.
Shontaz Naweli
With the help of Ross W I was able to get funded immediately! Although there were some hoops to go through Ross was there to guide me. He was very informative very knowledgeable of what he was doing and schooled me on some things I needed to know.
Remiah Trask
Fast and easy process. I have been able to use funds to grow and sustain my business
Mac Leaf
I have had four other loans from different organizations in the last 24-months. Both Raymond and Liza were far more professional, caring, quick to respond than the other organizations, and they had a genuine interest in our organization. I highly recommend them both and Rapid Finance
Eric Arroyo
Great Nicolas cook was extremely helpful
Judy
Mary and the team are very friendly and helpful. They know their products well.
Oleksiy
Cameron was very helpful and responsive. Made the whole process run smooth. Made rapid financing to step up to its name!
Diann Howell
Yonikka T is the best!! She worked so hard to get me exactly what I needed and what I could afford which was not easy since I have very little business credit yet. I can't say enough about Yonikka, she is a true asset for Rapid Finance and I will recommend her and Rapid Finance to anyone I know.
KP
Jasmine L has now helped me on 3 different occasions. Her and the Rapid team have been incredibly quick in responding, fair on their proposals, and loyal to their clients. Highly recommend.
Randall Dailey
I have had 3 separate loans with Rapid Finance and rate them high on customers service, respect as a person and business. The interest they show in what your doing and to understand your business, growth and needs is great, So they can understand your needs and accommodate them. Jasmine has been extraordinary at communicating with me on all three and from start to finish. Jasmine is a breath of fresh spring air when it comes to lending. Jasmine makes other lenders look like turtles. you don't have to repeat anything twice, with jasmine she remembers you and your business like she is a neighbor. I highly recommend rapid finance above all others like them and if you want the best, quickest , and friendliest ask for jasmine.
pianoservice
Our representative Ryan has always been helpful and attentive to our companies needs. We appreciate his excellent customer service.
OneAndDone
I worked with Ryan to get a my loan, and it was done in the same day I applied for it. I am a return customer, and everything went as smooth as possible.
Leon
Rapid Finance worked with us all the way through the process of refinancing an existing business loan. Ryan made is simple and easy with amazing communication throughout the entire process.
Ivan Estrada
I was helped by Alex Z , great customer service , the whole process was made simple and a Great help on the growth of my Business Highly Recommended Thank You
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Alex.
Ronald Macias
Nicholas C was great! He made the loan process absolutely seamless. He walked our company through all of the options so that we can find the best loan suitable for our budget. We also received a follow up call with Mary. She was also super nice and answered all of our questions about our online portal. Thank you, Drain Kings Team
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisors, Nicholas and Mary.
Bobby Penders
We worked with Yonnika, and couldn't have possibly had a better experience! The application process was quick, simple, and we had our funds in the bank within 24 hours. Will definitely recommend to others, and use again in the future!
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Yonnika!
Daro Powlison
Working with Anna has been great! If I could give a sixth star I would... She responded fast, answered any question I had though the process and had information when she said she would. Thank you for the experience and help!
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Anna!
Maruo Zoma
Anna E was very helpful and friendly and took care of everything on time. I will definitely do business with her again!
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Anna!
Eddie bole
Anna E was excellent to work with she explained everything very well and got the job done quick. I look forward to working with her again.
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Anna. We look forward to a continued partnership together!
K L
Very easy and pleasant to deal with. Excellent customer service and turn around time.
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes!
kris karaglanis
Emma and her associates were great to work with! Very informative.
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisors!
Chris
I was given the opportunity to work with Emma , she went above and beyond we hit a couple snags and she manage to work through it . She was passionate about helping and getting the job done.
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Emma!
Matthew Moreira
I really liked working with Yonikka!!! She is amazing and always answered the phone right away and answered all my questions. The process was easy and effortless I would recommend to any one who is looking to grow there business and needs help.
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Yonikka!
donald layton
Customer service is the best and the process could not have been easier. I will be staying with Rapid Finance for any future loans to help improve my business.
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes!
Kelli
Rapid Finance was fast to get back to me. Walked me through the whole process, they were very patient and contacted me with Cody W. I am 110% happy that we choose to go through Rapid!
Reply from Rapid Finance
Dec 21, 2020
Hi Kelli, thank you for your review! We pride ourselves on fast and efficient service for all of our clients. We're happy you chose Rapid as well😊
Ivy Margulies
Anna E was lovely to work with on receiving a much needed business loan. She was professional, kind and worked with me quickly to get the paperwork turned in. She also responded in a timely manner, even on weekends! I would definitely seek your company out in the future if any financial needs arise. Thank you and in gratitude, Dr. Ivy Margulies
Reply from Rapid Finance
Dec 21, 2020
Hi Ivy, thank you for your review! We pride ourselves on timeliness and making sure our client's needs are met. We think Anna is pretty great as well😊
Joe Nicholson
Jasmine L is the best agent I have ever had the pleasure of working with. She listens and then goes to work for you. She is honest, trustworthy and a true friend to her clients. I would not hesitate to recommend her to any business looking for short term funding. Joe Nicholson—-/Central College
Reply from Rapid Finance
Dec 21, 2020
Hi Joe, thank you for your review! We are glad you enjoyed working with Jasmine and appreciate your kind words.
David Verduzco
My finance assistant Carson was incredible. Honest no BS and efficient. Thank you
Reply from Rapid Finance
Dec 21, 2020
Hi David, thank you for your review! Our client's feedback means so much to us.
MKoss
Our firm utilized Rapid Finance twice between 2019 and 2020 to navigating economic challenges. Sr. Business Advisor, Kisha Daniels was assigned to mediate the loan process on both occasions. Kisha consistently provides professional and timely responses to all inquiries. Kisha's kind personality and willingness to obtain information to best meet our needs made the process seamless. A+ in customer service. Thanks Kisha!
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Kisha!
Haidie Santiago
Super easy and secured transaction. Dustin took his time to help us because he saw a potential and for that we will forever be thankful.
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Dustin!
Carolynn L R DeLong
Great experience. This is my second load with them. My agent, Jasmine L, was quick and efficient.
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Jasmine!
Frank D
Anjelica was great she worked very hard for me and assitsted me greatly.. very thankful for her Dilligence and assistance
Reply from Rapid Finance
Jan 06, 2021
Thank you for reviewing your experience with Rapid Finance! Client satisfaction is our upmost priority and we appreciate such kind remarks about our processes and business advisor, Anjelica!
Diana
Cody was professional from start to finish. He answered all of my questions and helped me get the funding I was looking for.
Reply from Rapid Finance
Dec 03, 2020
Thanks for your positive review, Diana! We are glad we could match you with the best solution for your business.
Shortstop Deli
I’ve been a client of rapid for a few years now, consecutively. My rep name is Jasmine L, and she has been fabulous. Over the years, I am very fortunate to have many options to turn to for business lending. But I choose to continue use rapid, soley because of Jasmine. She does not beat around the bush, she is very clear and concise with information. she also has a very nice personal touch, every time we talk she seems to remember many details about my business. My trust in rapid, has been formulated by my experience with Jasmine L as my rep. Thank you
Reply from Rapid Finance
Dec 03, 2020
Thanks for your positive review! We value our clients feedback greatly and are excited to hear how great it's been to work with Jasmine and team!
WILLIE JONES
Hello I would like to state how big I am on customer service and Dustin was a great example of that I was very hesitant to proceed but after talking to him I felt more comfortable and was informed more about the process so we got it done great job Dustin
Reply from Rapid Finance
Nov 30, 2020
Hello, Thanks for the excellent review, Willie! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.