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
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279 Reviews
Review Breakdown
Sentiment Criteria
ranger morgan
Jasmine L is a true professional who is relentless in her pursuit to take care of her clients. I have enjoyed working with Jasmine over several different fundings now that have truly helped my small business grow to where it is today. Rapid worked with me last spring during the covid-19 issue after we had lost 60% of our business temporarily. We have regained about 90% of that business and I truly appreciate everything Jasmine and Rapid have done for me and my business. Robert Perrine. Business owner
Reply from Rapid Finance
Dec 03, 2020
Thanks for sharing your experience with Jasmine! We appreciate the positive feedback and are glad we could be a part of your business' growth😊
Tim H.
Rapid Finance is easily one of the best lending solutions on the market! Ross W was the most kind, patient, and helpful representative one could have asked for. Ross understood our situation and when presented with a number we could not work with, pushed for us to get an increase! A truly awesome guy working for a truly awesome company!
Reply from Rapid Finance
Dec 03, 2020
Thank you so much for your kind words, Tim. We appreciate you taking the time to share your great experience with Ross and Rapid Finance!
August Borgmeyer
Very friendly and compassionate for my timeline and financial needs.
Reply from Rapid Finance
Nov 30, 2020
Hello, Thanks a lot for the positive feedback! Our client's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance.
Spencer Barton
I had the pleasure of working with Emma to secure a loan for my company. I’ve worked with other lenders in the past and I was blown away with the service Emma provided. Quick easy and did everything she said she was going to do. She was on the ball from start to finish and I was funded quicker then I thought possible. I would recommend Emma and Rapid Finance to anyone looking for business funding.
Reply from Rapid Finance
Dec 03, 2020
Thanks for sharing your experience with Emma! We appreciate the positive feedback and are glad we could be a part of your business' growth😊
James
Very fast funding. Cody was very helpful
Reply from Rapid Finance
Nov 30, 2020
Hello, Thanks a lot for the positive feedback! Our client's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance.
Keith A.
I just want to take a moment to thank Ross W for his unbelievable service. As a consultant, I too am in the customer service business, so I have a keen awareness and heightened sensitivity to detect exceptional effort. Ross reached out to me over the weekend and was extremely patient in waiting for me to get back to him. He was very careful in explaining options and his professional explanation actually convinced me to not pursue a direction that I originally thought was what I wanted. I ended up getting a product that was ideal for my situation and the entire process was very quick. Ross stayed constantly in touch with me via phone calls and text messages with every document and communication. I felt like I was his only client. What amazing service! Without a shadow of a doubt, Rapid Finance now has a customer for LIFE. Thank you, Ross. You are a true complement to you our organization. I’ve been a consultant for 20+ Years and it is extremely rare to find someone who puts out such a level of dedication and effort with an energy and harmony that is by far… above and beyond. Thank you Ross!
Reply from Rapid Finance
Nov 30, 2020
Thank you for the review, Keith! We pride ourselves on providing simple and quick solutions to our clients and we're glad Ross was able to assist you in finding the perfect fit for you. Thank you for choosing Rapid Finance😊
Fernando Gonzalez
Great response made it easy to understand the decisions made.
Reply from Rapid Finance
Nov 30, 2020
Hello, Thanks a lot for the positive feedback! Our client's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance.
Sholeh Ehdaivand Kornegay
Excellent experience!! The team walked me through each step in the process and made it easy! And they're SUPER nice!!!
Reply from Rapid Finance
Nov 30, 2020
Hello, Thanks a lot for the positive feedback! Our client's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance.
Bonnie Sample
This was my first experience with Rapid Finance, Alex was very patient with me and explained the process as we went. I was in need of a small financial boost and Rapid Finance was able to do just that. I'm hopeful this was a good decision on my part and we can continue to do business.
Reply from Rapid Finance
Nov 30, 2020
Hello, Thanks for the excellent review! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.
Aj Schmitt
Joel was great to work with and made the process much easier!
Reply from Rapid Finance
Nov 30, 2020
Hello, Thanks for the excellent review! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.
kirkland stewart
I really appreciate Anthony B, and his team ,for helping my business grow. You guys are awesome.
Reply from Rapid Finance
Nov 30, 2020
Hello, Thanks for the excellent review! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.
Chuck Peyton
Quick & Easy, communication through the entire process
Reply from Rapid Finance
Nov 16, 2020
Hello, Thank you so much for your kind words, Chuck. We appreciate you taking the time out to share your experience with us
Monica Puldio
Rapid Finance was just like that, we have had a good experience thru this loan process ,we were explained clearly and accurate , Shawn was great .
Reply from Rapid Finance
Nov 16, 2020
Hello, Thanks for the excellent review, Monica! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.
Stan Greene
Kisha is a pleasure to deal with answer every question. Being a return customer the process is very got funded in one day. Stan G.
Reply from Rapid Finance
Nov 16, 2020
Hello, Thank you so much for your kind words, Stan. We appreciate you taking the time to share your experience working with Kisha and Rapid Finance.
Ebun Williams
I was very impressed with the turnaround time in meeting my loan request. It was less than 48 hours. Keisha was amazing. She was in close contact with me throughout the whole process. She was very professional, but fun to work with . She has a bubbly, but caring personality. As a business owner Keisha is someone I will like to have on my team. Thank you for going over and beyond to meet my request. Ebun
Reply from Rapid Finance
Nov 16, 2020
Hello, Thanks for the excellent review! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.
Daniel Herd
Fast, quick, and customized for my company. I will use them again!
Reply from Rapid Finance
Nov 16, 2020
Hello, Thanks a lot for the positive feedback! Our client's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance.
Gena G Copeland
This is my 3rd time working with Rapid Finance and my 2nd time working with Anthony B. 5 stars for both! Anthony makes the process easy and keeps you up to date on the progress. Highly recommend.
Reply from Rapid Finance
Nov 16, 2020
Hello, Thanks for the positive feedback! Our member's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance.
Citywide Lawn Service, LLC
Super Fast. They are great from start to finish
Reply from Rapid Finance
Oct 20, 2020
Hello, Thanks for the excellent review! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you. Cheers!
Alicia Kish
So far its been easy and great! Nick is great to work with and keeps me informed immediately to what is going on!
Reply from Rapid Finance
Oct 20, 2020
Hi, Thank you so much for sharing your experience with Nick and Rapid Finance.
Morgan
Misleading information. Y’all reached out to me about a possible secondary loan because of my outstanding performance paying on a previous loan. Everything was supposed to be approved then the following day I was informed that it was denied like it’s some kind of game and to wait a few weeks then check back. I’ll take my business elsewhere.
Reply from Rapid Finance
Mar 20, 2020
We are sorry to hear that you had a poor experience and we would like to speak with you about it. Please reach out to us at 240-514-2000.
Cory Taylor
Overall funding process was easy and efficient . The reason for the bad review is due to the lack of regard towards my private information being provided via email to a lady I barely knew who claimed her address was used on my application. Vanessa W of Bethesda MD (I found out by the lady calling me, threatening to sue) sent over my information and spoke with this lady for hours about my account. After confrontation lasting multiple conversations and multiple people including Samantha N she emailed me and CC’ing the lady my home address with an explanation of them using an address from my credit as being the reason for sending mail erroneously. She never apologized. I recorded the entire conversation. I believe in absolute professionalisms. She definitely dropped the ball for this company. Do business with caution please.
Reply from Rapid Finance
Mar 16, 2020
While we are glad that your funding experiment was great, we are sorry that you encountered an issue. Please feel free to reach out to our Customer Service Team at 240-514-2000 to discuss your concerns. Thank you.
Hi
Everything was great. The people are nice and helpful
Reply from Rapid Finance
Oct 20, 2020
Thanks a lot for the positive feedback!
peter pappas
Thank you so much for everything. The easiest process ever.
Reply from Rapid Finance
Oct 20, 2020
Thanks a lot for the positive feedback!
Carla
I had the worst experience with this company , it is a scam , Mary S told us so many lies to borrow the money , they promised that if paid earlier we would have a discount ,when I requested the discount she said that was not in my contract, they are a scammers , I felt like I was rapped after using them
Reply from Rapid Finance
Mar 17, 2020
We are sorry to hear that you didn’t have a positive experience and would like to speak with you about that experience. Please feel free to reach out to us at 240-514-2000.
Daymis
They were very fast with process and very professional
Reply from Rapid Finance
Oct 20, 2020
Hello, Thanks for the excellent review!
Heather
Everyone was wonderful and very helpful and I will be recommending rapid finance!
Reply from Rapid Finance
Oct 20, 2020
Hello, Thanks for the excellent review!
Scott P
They said yes when everyone said no....got me a business loan and the payment wasnt bad at all at.... Very quick responses. Quick and easy....!!!
Reply from Rapid Finance
Oct 20, 2020
Hello, Thank you so much for your kind words, Scott. We appreciate you taking the time out to share your experience with us.
Diana Green
Rapid Finance was very professional from the man who called me to Yonikka T and then Olivia D. Yonikka was absolutely the best in walking me though the steps. Her patience with me was great. I am appreciative of your help.. Diana Green
Reply from Rapid Finance
Oct 20, 2020
Hi, Thank you so much for sharing your experience with our sales team and Rapid Finance.
Beth Vance
Such a quick process. Everyone was on top of things and extremely helpful. Had our funding in 2 days!! Thank you.
Reply from Rapid Finance
Oct 20, 2020
Hello, Thanks a lot for the positive feedback! Our member's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance
Norm Risoya
Alexandra S was fantastic to work with! She was extremely professional, worked through my options, and helped me arrive at the best arrangement for my situation. Once approved for my financing, I received an e-mail that the funds would be deposited in my business account within three hours. They were actually there when I checked an hour later. Thank you to everyone for the great service!
Reply from Rapid Finance
Oct 20, 2020
Hello, Thank you so much for your kind words, Norm. We appreciate you taking the time out to share your experience with us
Donnie Eskridge
Very fast and pain free experience, there were no dislikes and I would definitely refer this business to others
Reply from Rapid Finance
Oct 20, 2020
Hello, Thanks a lot for the positive feedback!
Paul E Conway
Yonikka is extremely professional, intelligent, courteous, and highly attentive. I felt my needs were immediately understood and met within a matter of days. We are so thrilled and relieved to have received Yonikka's help.
Reply from Rapid Finance
Oct 20, 2020
Hi, Thank you so much for sharing your experience with Yonikka and Rapid Finance.
I burr
Always nice and understanding. Very fast and upfront
Reply from Rapid Finance
Nov 16, 2020
Hello, Thanks a lot for the positive feedback! Our member's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance
Craig D Gifford
Very professional and very helpful along the way ....I will recommend to other business associates. Also very friendly!
Reply from Rapid Finance
Nov 16, 2020
Thanks for sharing your experience with us! We appreciate the positive feedback and are glad we could be a part of your business' growth😊
JC Runquist
I called Rapid Finance and spoke with Alex Z. Alex is a pro! He was very informative, professional, knowledgeable and detailed in his explanation of various programs offered. He is a good listener and was able to customize a funding program that was best suited for our company needs at this current time. Thank you Alex! Good to be a funded client with Rapid Finance!
Reply from Rapid Finance
Oct 20, 2020
Hi, Thank you so much for sharing your experience with Alex and Rapid Finance.
Juan Ortiz
WORKED WITH MARY SHE IS GREAT! WILL DEFINITELY BE BACK
Reply from Rapid Finance
Oct 20, 2020
Hi, Thank you so much for sharing your experience with Mary and Rapid Finance.
Tommy Morton
Great customer service with thorough communication.
Reply from Rapid Finance
Nov 16, 2020
Thanks for sharing your experience with us! We appreciate the positive feedback and are glad we could be a part of your business' growth😊
Dale Garrison
Ok with everything except the $5000.00 debit to my account. This is wrong. I was not told that I would have to pay this Fee. I think this is shady!
Reply from Rapid Finance
Nov 16, 2020
We are sorry to hear that you didn’t have a positive experience and would like to speak with you about that experience. Please feel free to reach out to us at 240-514-2000.
Nicholas Wright
Good people to work with. Prompt , fair and fast. Obviously rates are a little high, but expected foot the product.
Reply from Rapid Finance
Nov 16, 2020
Thanks for sharing your experience with us! We appreciate the positive feedback and are glad we could be a part of your business' growth😊
Verified Customer
Don Rosenerg
Your rapid processing and responses make it easy to work with you when we need to make that decision. Also, our representative follows up and I appreciate that..
Reply from Rapid Finance
Nov 16, 2020
Thanks for sharing your experience with us! We appreciate the positive feedback and are glad we could be a part of your business' growth😊
Shameka T.
My loan was for 10,000. With instrest I knew it would be a little over 13,000 . My mom has been battling CANCER so I had to stop working, which caused my loan to go in bad standing. My loan was referred to another company by rapid finance who refuses to give me a breakdown of why I'm being charged $3,500 in fees. I've already paid the instrest on my loan so how and why was $3,500 extra added and no one has a legal reason as to why
Reply from Rapid Finance
Nov 15, 2019
Rapid Finance reached out to the customer and the Parties have come to an amicable resolution.
Verified Customer
JOSEPH N SOLARE
GREAT SERVICE, i STATED WHAT i NEEDED AND THEY WORKED TO GET ME THE AMOUNT AND THE RATE i WANTED TO STAY WITH
Reply from Rapid Finance
Dec 05, 2019
Hello, Thanks a lot for the positive feedback! Our member's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance. Hope you have a wonderful day!
Verified Customer
Debi Spellman
Fast and easy. I was able to get a loan very quickly for my business
Reply from Rapid Finance
Dec 05, 2019
Hello, Thanks a lot for the positive feedback! Our member's satisfaction is our utmost priority and we appreciate your trust in Rapid Finance. Hope you have a wonderful day!
Verified Customer
Heewoong
It was quick and easy to get a decision.
Reply from Rapid Finance
Sep 18, 2019
Thanks for your review! We are glad we could be a part of your business' growth✅
Verified Customer
Kim
Very quick and responsive to emails and questions
Reply from Rapid Finance
Sep 18, 2019
Thanks for the 5-star review, Kim! Being quick and responsive is very important to us, and we're glad you had a great experience. Thanks for choosing Rapid Finance👍
Verified Customer
Ahmeduz Zaman
Very easy very quick decision no too many paper work
Reply from Rapid Finance
Sep 18, 2019
Thank you for the review, Ahmeduz! We pride ourselves on providing simple and quick solutions to our clients. Thank you for choosing Rapid Finance😊
Verified Customer
DAVID BURNELL
THEY PROVIDED WHAT THEY SAID THEY WOULD AND VERY EASY TO WORK WITH
Reply from Rapid Finance
Sep 18, 2019
Hi David. Thanks for sharing your experience with us! We appreciate the positive feedback and are glad we could be a part of your business' growth😊
Verified Customer
Valentin
They were easy to work with and they really helped me through the whole process.
Reply from Rapid Finance
Nov 16, 2020
Thanks for sharing your experience with us! We appreciate the positive feedback and are glad we could be a part of your business' growth😊
Verified Customer
David
Most experienced, quick approval and great customer service. Everything went very smooth and simple. They did a very good job.
Reply from Rapid Finance
Sep 11, 2019
Hi, Thank you so much for sharing your experience with Rapid Finance.
Verified Customer
Daniel
Great customer service skills and promptly return your calls. The loan process was quick and easy.
Reply from Rapid Finance
Sep 11, 2019
Hello, Thanks for the excellent review! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you. Cheers!