Rapid Finance Business Loan Review: Here Are The Details
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Rapid Finance offers financing solutions to businesses that are located in the United States. According to the company’s website, rapidfinance.com, Rapid Finance loans can help with an expansion, gaps in cash flow, opening a new location, purchasing equipment, and much more. The mailing address for Rapid Finance is 4500 East West Highway, 6th Floor, Bethesda, MD 20814 and they can be reached at 800-664-0173.
Rapid Finance Business Loans Pros and Cons
Nerdwallet.com conducted a review on Rapid Finance business loans. According to this review loans from Rapid Finance have multiple term lengths for different financing needs. Cash can be available quickly and borrowers with low credit scores may have some options here. On a negative note, loans max out at $1 million, may require a lien and the longest loan term is 60 months. This information was obtained on August 31, 2023.
Rapid Finance Business Loan Cost
A review conducted on Rapid Finance by investopedia.com states that Rapid Finance has a lack of transparency and provides little information on its website about its interest rates, fees, eligibility requirements, and other loan features. They went on to say that some of Rapid Finance’s loans and lines of credit have fixed fees and interest charges, meaning you won’t necessarily save money by paying them off early. This information was obtained on August 31, 2023.
BBB: Rapid Finance Review
The Better Business Bureau is a nonprofit organization that collects and provides free business reviews to consumers and businesses in the US and Canada. You can visit the Better Business Bureau website to view the full Rapid Finance review. As of August 31, 2023, Rapid Finance received a 2 out of 5 stars for a total of 5 customer reviews.
In Need Of Business Debt Relief?
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