Business Cash Advance by Rapid Finance

Business Cash Advance by Rapid Finance

Rapid Finance is one of the largest merchant cash advance providers. Like all MCA providers, instead of charging an interest rate, you sell a portion of your future card sales in exchange of an upfront lump sum. Your total payment will be capped, typically 125% – 150% of the borrowed amount, which is expected to be paid back within a year. Unlike other MCA providers, RapidAdvance doesn’t charge a monthly minimum. The payment would be solely based on your monthly card sales. They also don’t require your business asset as a collateral, which other MCA providers typically request.

Nav's Verdict

20% Complete
Effort to Apply
80% Complete
Funding Speed
60% Complete
Repayment Terms
20% Complete


Bottom Line

A very expensive option that should only be used if you have cash flow emergencies and don't have other alternatives.


No monthly minimum payment. No business lien placed. No application fee.


Extremely Expensive. Not all digital. Prepayment penalty.

Qualification requirements


At least $3,500 per month in credit card sales.

70% - 250% APR
Repayment Terms
3 - 12 months
Funding Amount
up to $500,000
Funding Speed
7 days
Not digital


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