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Rapid Finance Review

Reviews 1,875
Rapid Finance
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Rapid Finance
Rapid Finance
Reviews 1,875
Katy Ward
May. 26, 2021
2 min read
Katy Ward
Rapid Finance Summary
If you’re seeking to expand your business or have been hit by an unforeseen expense, Rapid Finance offers multiple financing options for borrowers across industries. The company operates a simple, transparent application process and your funds could be available as soon as the same day.


  • Get a quote within minutes
  • Wide range of financing options


  • Only able to view rates once application is complete
  • No 24-hour phone support

Rapid Finance at a glance

Editorial score

Online experience

Has learning resources, access to rates, mobile app

Customer services and support

Multiple ways of reaching lender, wide range of hours

Variety of loan types

Offers all loan types*

Loan amount range

Loan amount $500K+


Loans available to most credit types, revenue levels, and businesses

Rapid Finance Rapid Finance View Rates


Launched as an alternative to traditional banks, Rapid Finance has provided more than $2 billion in funding to clients of all sizes across a range of industries. With an A+ rating from the Better Business Bureau, the company has established itself as a dependable player in the alternative funding market. 

Why Rapid Finance Is Good For Your Business

Rapid Finance advertises flexibility as one of its greatest strengths and  the company offers potential borrowers a lot of choice over their loan type, how much they would like to borrow, and the term of their loan. The company’s transparent quoting process also means you won’t be hit by any hidden fees or unexpected costs. 

Loan Features

Rapid Finance offers a range of loan products:

  • Small business loans: a lump sum of working capital for business purposes
  • Merchant cash advance: fast access to capital based on future credit cards receivables
  • Line of credit: quick access to a defined amount of working capital
  • Bridge loan: a short-term loan to cover unexpected costs
  • Small Business Administration loan: partially guaranteed by the government, these provide access to financing over the longer term and with lower administration costs
  • Invoice factoring: a financing option enabling you to sell your business invoices in exchange for an immediate advance
  • Asset-based loan: access to financing based on your business’ assets
  • Commercial real estate: enables you to refinance or purchase a commercial property

Application Process

The first step is applying online through the company’s website or by speaking to one of the company’s advisors over the phone. Depending on the loan type, you may need to provide information such as:

  • Your full name
  • Business name and address
  • Your business tax ID (EIN)
  • Details of previous tax returns
  • An estimate of your monthly sales

Once you’ve entered this information, you’ll see a selection of loan offers you could qualify for, while the company’s underwriting team also reviews your application. Like many of its competitors, Rapid Finance advertises funds as being available “within hours”, which is faster than mainstream banks, but this process can take up to seven days.

How Much Can You Borrow? 

The amount you can borrow will depend on your business’ circumstances and the type of loan.

  • Small business loan: from $5,000-$1 million
  • Merchant cash advances: $5,000-$500,0000
  • Line of credit: $5,000-$250,0000
  • Bridge loan:$5,000-$1 million
  • SBA loan/invoice factoring: $500-$5.5 million
  • Asset-based loan/commercial real estate loan: $50,0000-$10 million 

Repayment Terms

The term of your loan will also depend on the type of loan.

  • Small business loan: between 3-60 months
  • Line of credit: amortization between 3-18 months
  • Bridge loan: between 3-60 months
  • SBA loan/invoice factoring: 1-30 years
  • Asset-based loan/commercial real estate loan: 6-36 months

Privacy and Security 

As well as encrypting your data on the website, Rapid Finance ensures only employees with the appropriate authority can view your personal information. The company has an extensive privacy policy and you can access, correct, or delete any details held about you by contacting the company over the phone or via email.

Help & Support

You can contact Rapid Finance over the phone, via email, or through its online query form. The company’s business hours are between 9:00 AM -6:00PM ET on Mondays to Fridays.

For more general queries, the website also contains a number of online resources, including small business guides and a blog featuring articles on business-related topics.  

Phone: 1-(800)-664-0173


Physical Address

4500 East West Highway,

6th Floor,

Bethesda, MD 20814


Rapid Finance provides a range of financing options to suit many types of businesses of varying size, industry or borrowing needs. Following a simple application process, you could get a quote within minutes and receive your funds as soon as the same day you apply.

Rapid Finance Rapid Finance View Rates

Katy Ward
Written by
Katy Ward
Oxford graduate Katy Ward is a seasoned journalist and editor covering personal finance for Eleven Writing and Top10. Over a 15-year career, Katy has worked with several finance titans, including Barclays, Tandem Bank, and Yahoo! Finance. She enjoys identifying complex financial trends that make for interesting article topics.
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Trustpilot reviews
See what some customers are saying about Rapid Finance
Excellent • Reviews 1,875
We upload 100 to 400 Trustpilot reviews to our website daily, displaying them by default from "best" to "worst". You have the option to adjust the sorting criteria. If you wish to see all reviews, you can visit Trustpilot's website here.
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Lena Minor
1 month ago
Not being made to feel like your…
Not being made to feel like your begging for money. Ian Moore took my request and in no time I felt like someone really cared for me and my business. He had to deal with both me and my sister Marie, when I wasn't available. From that time on when he called he address us both, not knowing which one was going to answer the phone. Nice personal touch.
Lucky Chakkaw
4 months ago
I really recommend this company.It’s a great teamwork and SUPER fast approval and received funding transferred . Thank you so much . Happy Holidays
Bruce Carter
5 months ago
Simple Process and Quick Funding
Our company worked through, and the process was straightforward. I sent a few documents, and once out of final review, they Rapid Finance funded within minutes.
6 months ago
Very efficient and fast approval
Thank you for your professionalism and fast response. No need for zillion of paperworks and got approved pretty quickly. 👌
Nick Wolfenbarger
6 months ago
Second loan with this company
Second loan with this company. Very great customer service. Always make sure you can afford your payments.