Rapid Finance (Ofer Abarbanel online library)

Rapid Finance is a technology-powered financial services company that provides working capital to small and mid-sized businesses in the United States. As a sister company of Quicken Loans, it offers small and medium business loan programs for business owners in a variety of industries and categories. With over USD $1 billion funded, it is the 4th largest online small business lender in the United States.[1] The company touts its diversity, claiming that no single business category accounts for more than 25% of its revenues.[2]

Rapid Finance offers terms ranging from 3 to 60 months for small business loans.[3] Through partners, Rapid Finance also makes available to their customers access to SBA loans, factoring, asset-based loans, commercial real estate and lines of credit.


Founded in 2005 and headquartered in Bethesda, Maryland, the company was acquired by Dan Gilbert’s Rockbridge Growth Equity, LLC in 2013.[4] It is part of Rock Family of Companies that include the Cleveland Cavaliers, Fathead, Quicken Loans and Genius.[5] The company went through a rebrand in 2019, changing its name to Rapid Finance following its expansion and diversification of loan products.[6]

Rapid Finance has been recognized as one of the best companies to work for. A publication from The Washington Post found Rapid Finance to be among the best in the Washington D.C. area from 2016-2019.[7] The Detroit Free Press also found Rapid Finance to hold the #1 ranking for Michigan’s Top Small Workplaces in 2016. Consumers Advocate ranked Rapid Finance as the third best small business loan provider.[8]


  1. ^ “Rapid Finance”. Rapid Finance. Retrieved 2019-07-03.
  2. ^ Stone, Todd. “Why RapidAdvance Is Now Rapid Finance”. deBanked. Retrieved 2019-07-03.
  3. ^ “Small Business Loan”. Rapid Finance. Retrieved 2019-07-03.
  4. ^ Giusti, Michael (January 2014). Wall Street Evaluates Merchant Cash Advance. DailyFunder. Retrieved on September 06, 2015.
  5. ^ “Partner Companies | Quicken Loans”. www.quickenloans.com. Retrieved 2019-07-03.
  6. ^ Stone, Todd. “Why RapidAdvance Is Now Rapid Finance”. deBanked. Retrieved 2019-07-03.
  7. ^ “Top Workplaces”. Washington Post.
  8. ^ “Best Small Business Loan Providers of 2019”. www.consumersadvocate.org. Retrieved 2019-07-03.



Ofer Abarbanel online library