Merchant Cash Advance Made Simple
RapidAdvance offers a proven package of benefits that produce winning results for our merchants. RapidAdvance is a flexible and responsive solution that delivers bottom line results.
RapidAdvance offers several key benefits for merchants:
- No personal guarantee
- No collateral pledge on homes or business
- No liens
- No points
- No application fees
- No fixed monthly payments
- No coupons or checks to write
- No impact on ability to qualify for other financing
- No business use restrictions on the funding
- No Hassles – quick application & fast funding
RapidAdvance appeals to small and mid-sized independently owned brick and mortar businesses. Merchants with lower charge-back profiles such as restaurants, salons, retail stores, automotive aftermarket/service can use the advance for any business purpose. Typically, merchants use the advance for payroll, equipment purchases, expansion, advertising, additional inventory purchases, tax obligations, repair and emergency expenses.
The streamlined underwriting process produces an acceptance rate over 80%, even if the
merchant has been turned down by their bank or has below average credit.
Repayment is based upon the merchant’s daily Visa and MasterCard receipts at a rate that enables the merchant to quickly reduce their outstanding advance without an overwhelming repayment schedule. There are no fixed payment obligations and most advances are repaid within 6 months.
The Smart Choice for Immediate Working Capital
A Valuable Funding Source
- Easy Access to Cash
- Apply in Less than 3 Minutes
- Over 80% of Merchants are Approved and Funded within 10 days
- No Personal Guarantees
- No Liens or Collateral
- No Fixed Payment Schedule
- No Complicated Paperwork
- No Application Fees. No Points
Call us at 1-314-781-4700 to get started