Rapid Finance

Reviews

• OS

  Optima health care services

  Dec 19, 2025
  1.0
  they will bank levy you, without notice.we tried to pay off, their phone lines are off. in california -rapid advance will find a way since we are a national chain bank business account ( usbank) don' fall prey to their bankrupt 65% to 220% loan push
• JK

  Jennifer Kirk

  Nov 19, 2025
  1.0
  Renewal Process Double-Charges Existing Customers Title: Be cautious — renewal structure results in double-charging existing clients We’ve been a Rapid Finance customer for about a year, with perfect payment history and a strong business track record. Our experience with our first two loans was positive, which made what happened next extremely disappointing. When we asked for a renewal, Rapid structured the new loan in a way that re-applies full financing fees on top of the existing balance — even though we already paid the original financing costs on that balance. In other words, we were asked to pay fees twice on the same money. This isn’t about lowering a payoff or asking for special treatment. It’s simply about not being charged again for funds that have already had fees applied. Their leadership confirmed that this is their “policy since inception,” meaning every renewal double-charges clients by treating already-financed balances as brand new. For a company that advertises itself as a partner to small businesses, the approach felt extremely predatory. Instead of rewarding clients who repay well and are in good standing, their renewal model ends up penalizing repeat customers and making the cost exponentially higher. If you plan to stay with Rapid beyond your first loan, be aware of how renewals work. I strongly recommend comparing offers with other lenders before committing, especially if you expect to refinance or renew in the future.
• RJ

  Rae Johnston

  Feb 10, 2021
  5.0
  Sometimes a business needs a little help. I worked with Yonikka at Rapid Finance and she made me feel at ease, kept me up to date, and was very helpful. Very please with her service.
• LD

  Luke Dodson

  Feb 16, 2020
  5.0
  This was the easiest, and quickest financing I have every received. It took my bank longer to do the wire transfer, to pay off old balance, then it took for them to approve, and fund me. Amazing !!!
• CS

  Chris sullivan

  Sep 30, 2016
  2.0
  Worst business mistake I ever made was to borrow money from here. They have taken massive amounts of money out of my account with no warning. I've lost 2 employees because they have bounced my account before I ever knew it had came out. You are unable to dispute the charges at your bank because of business to business transaction laws. I beg you as a business owner myself, go any where but here for money. They are saying they are going to give me the over drawn amount back but I'm still waiting, not to mention hundreds of dollars in bounce fees. Never have I ever regretted my decision. Please don't do it.