- Rapid Finance is a direct funder offering a broad menu of fast-funding products, including merchant cash advances, term loans, lines of credit, and more under one application.
- It can fund in as little as 24 hours and works with established businesses that may not qualify at a bank.
- Merchant cash advances are typically costlier than a bank or SBA loan, with quote-based pricing and frequent (often daily or weekly) repayments.
Rapid Finance at a glance
Rapid Finance is an alternative business funder that serves small businesses nationwide. It’s known for speed and breadth: a short online application, fast decisions, and a wide menu of products ranging from merchant cash advances to term loans, lines of credit, invoice factoring, asset-based loans, and SBA loans. That makes it a common option when a business needs working capital quickly and wants to compare several funding structures in one place.
What Rapid Finance offers
- Merchant cash advance (MCA) — an upfront lump sum in exchange for a portion of your future sales, repaid as a percentage of daily or weekly receivables. Fast and accessible, but typically costlier than a loan.
- Small business loans — a lump sum repaid over a fixed term with regular payments, for businesses that want a more predictable structure.
- Lines of credit, bridge loans, and SBA loans — additional options for ongoing needs, short-term gaps, or lower-cost financing for those who qualify.
Understanding the MCA trade-off
A merchant cash advance is designed for speed, not for the lowest cost. Because it’s a sale of future receivables rather than a loan, it’s priced with a factor rate instead of an interest rate, and the effective cost is usually higher than a bank or SBA loan. The upside is fast funding and flexible eligibility; the downside is frequent repayments and a higher total cost. Always confirm the full payback amount and terms before signing, since pricing is quote-based and can change.
Who it’s best for
Rapid Finance fits established businesses with consistent revenue that value fast access to capital and may not qualify for traditional bank financing. If you have strong credit and time to wait, a bank or SBA loan will almost always be cheaper.
How to decide
Speed has a cost, so it’s worth comparing a couple of offers before committing. The simplest way is to apply once through Hoss Capital — we’ll match you with Rapid Finance and comparable funders so you can weigh the real numbers side by side.
- Wide range of products under one application, including MCAs and term loans
- Fast decisions and funding, often within a day or so
- Works with established businesses that may not qualify at a bank
- Large funding track record — over $3 billion funded to date
- – A merchant cash advance is typically costlier than a bank or SBA loan
- – Pricing is quote-based and not published online
- – Frequent (often daily or weekly) repayments tied to receivables
Rapid Finance FAQs
What is a merchant cash advance from Rapid Finance? +
A merchant cash advance (MCA) is not a loan — it's a purchase of a portion of your future sales for an upfront lump sum. You repay it through a percentage of daily or weekly receivables. MCAs fund fast and are accessible, but the total cost is generally higher than a traditional loan, and exact terms vary by business and can change.
What are Rapid Finance's requirements? +
Criteria vary by product and can change, but Rapid Finance generally works with businesses that have several months or more of operating history and steady revenue. Exact thresholds for time in business, revenue, and credit depend on the product you apply for.
Is Rapid Finance a direct funder? +
Rapid Finance originates funding directly and also works with funding partners, depending on the product. Hoss Capital is a matching service — we can connect you with Rapid Finance and comparable funders so you can compare offers.
Last updated: June 2026