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, Rapid Finance 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 collateral, which other MCA providers typically request.

Nav's Verdict

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


Bottom Line

A viable option for businesses looking for growth capital up to $600,000. Costs will vary based on your risk profile.


Application is quick and easy and you are able to receive funds within hours. Daily or weekly payment options. No business lien placed. No application fee.


Not all digital.

Qualification requirements

Annual Revenue

At least $75,000

Other Requirements

You must have a 550+ credit score and no bankruptcies in the past year.

Time in Business

At least one year in business

1.20 Average Factor Rate
Repayment Terms
3 - 12 months
Funding Amount
Funding Speed
1-3 days
Not digital


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