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Www rapidadvance com_business_loan_faq_htm
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Business Loan Frequently Asked Questions Get a Free Quote Now
How does the RapidAdvance’s loan program different from a traditional bank loan? Fill out the form below to receive a free
quote for our unsecured working capital
How can I find out how much my business qualifies for?
solutions. Expect a same day call back!
How do I payback a loan from RapidAdvance?
Do I have to switch credit card processors to obtain a loan? C ompany Name:
Do I need to set up a lockbox for my loan?
How easy is it to get approved for a loan?
First Name:
How long does it take to get approved for a loan?
How long does it take to get my loan funded?
I am already with another financing company providing a similar financing; can you Last Name:
replace that arrangement and offer me more money?
What can my loan from RapidAdvance be used for?
Phone:
Whom do I call with questions about my account?
How do I track my account with RapidAdvance?
Email:
RapidAdvance FAQ's
State:
RapidAdvance Frequently Asked Questions
Monthly Visa/Mastercard Volume:
--None--
Q. How does the RapidAdvance’s loan program different from a Length of Time in Business:
traditional bank loan? --None--
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2. A. Our focus on a business’s historical cash flow and performance provides us with much Submit
more flexibility in our lending standards. This allows RapidAdvance to focus on the business
and not just a credit score, providing you the capital your business deserves.
Q. How can I find out how much my business qualifies for?
A. To find out how much you qualify for, simply complete the online application and provide
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some basic information. You will receive a free, no obligation quote within 24 hours from a
RapidAdvance Account Executive who will review your funding options.
Q. How do I payback a loan from RapidAdvance?
A. RapidAdvance will set up a daily ACH that will be retrieved from your business checking
account M-F. We do not collect funds on Saturday, Sunday or bank holidays. This allows Testimonials
our clients to know when and how much they are paying toward their loan.
"A cash advance from RapidAdvance
Q. Do I have to switch credit card processors to obtain a loan? has helped us to pay off payroll
taxes, pay off leased equipment
A. No, you can continue to use whomever you are currently processing your credit cards and dwindle down our debt ratio.
through. Since there is no disruption in your credit card receivables there is no need to Knowing that we have a partnership
change processors. in RapidAdvance helps to keep our
heads above water and sleep at
Q. Do I need to set up a lockbox for my loan? night. There are no hidden costs,
everything is clear. RapidAdvance
A. No, since the retrieval occurs directly with your business checking account there is no has been fantastic to work with!"
need to set up a lockbox account to receive a loan. This prevents you from incurring the - C hristian B., Restaurant Owner
delays in receiving your funds associated with a lockbox solution.
More Testimonials -- 1 | 2 | 3 | 4 | 5
Q. How easy is it to get approved for a loan? Preferred Partner of
A. Our business friendly approval process allows RapidAdvance clients to enjoy high
approval rates and funding in 10 days.
Q. How long does it take to get approved for a loan?
A. Unlike a bank which can take months. RapidAdvance’s approval time from submission is
48 hrs. This quick and easy turnaround allows you to have the peace of mind of knowing
your funds are just days away.
Q. How long does it take to get my loan funded?
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