RapidAdvance is a full-service small business lender that directly funds its loans. The company offers a range of lending options, from its Small Business Loan Program to cash advances, lines of credit and financing for SBA guaranteed loans. RapidAdvance is one business within a large family of companies.
- Products: RapidAdvance offers a variety of financing options, including small business loans, merchant cash advances, lines of credit and SBA bridge loans, which help business financially bridge the gap between the time they apply for an SBA guaranteed loan and the time the loan is approved.
- Interest rates: Available based upon credit-worthiness after completing an application. Rates start at 1.25 percent per month.
- Service: RapidAdvance offers a dedicated account executive and online phone chat.
- Borrower qualifications: There are lending solutions for all types of borrowers.
- Fast approval process: Approval is available within 24 hours with funding in as little as three days.
- Loan limits: Flexible lending limits depend upon the client’s business revenues and qualifications.
- Repayment options: The repayment options are customized to fit the client.
- Best for: Small and mid-sized businesses.
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