Rapid Finance
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. The company touts its diversity, claiming that no single business category accounts for more than 25% of its revenues.History
Founded in 2005 and headquartered in Bethesda, Maryland, the company was acquired by Dan Gilbert’s Rockbridge Growth Equity, LLC in 2013. It is part of that include the Cleveland Cavaliers, Fathead, Quicken Loans and Genius. The company went through a rebrand in 2019, changing its name to Rapid Finance following its expansion and diversification of loan products.
A publication from The Washington Post found Rapid Finance to be among the best in the Washington D.C. area from 2016-2019. 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.
