Rapid Finance is an online business financing company offering working capital products including short-term loans and advances. Here is how the two compare, and who each one fits best.
See What You Qualify For →| Criteria | Merchant Fund Express | Rapid Finance |
|---|---|---|
| Products | Merchant cash advance, working capital, revenue-based financing, line of credit, equipment financing, invoice factoring, MCA refinance | working capital, short-term loans, merchant cash advances |
| Credit score considered | 500+ FICO (approval leans on bank deposits and revenue) | See Rapid Finance's current published requirements |
| Funding range | $5,000 to $5,000,000 | See Rapid Finance's current published range |
| Decision speed | Typically 2-4 hours on a complete submission | See Rapid Finance's current published timing |
| Can help refinance stacked advances | Yes, see MCA refinance | Ask Rapid Finance directly |
| Phone support | (305) 384-8391, Mon-Fri 9am-6pm ET | See Rapid Finance's website |
Rapid Finance's requirements and pricing change over time and by applicant, so confirm them on its own website. MFE figures are the published minimums and typical timing and are not a guarantee of approval.
Established businesses that want a working capital product from a large online provider.
Product availability, pricing and eligibility vary by applicant. Compare the total repayment amount and payment schedule against other quotes.
Merchant Fund Express is built for small and midsize businesses that want to compare several funding products in one place and apply once. It considers owners with credit scores from 500, evaluates bank deposits and revenue first, and covers merchant cash advances, working capital, revenue-based financing, lines of credit, equipment financing and invoice factoring. It also helps businesses with several existing advances look at refinancing or consolidation.
There is no single best provider for every business. If Rapid Finance's product matches what you need and you meet its requirements, get its quote. If you want a wider menu, have a credit score below typical bank cutoffs, or need speed, request an MFE review and compare the total repayment on each offer.
More guides: MCA vs working capital loan · working capital vs line of credit · funding requirements
Or call (305) 384-8391 · Mon-Fri 9am-6pm ET · 500+ FICO considered