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Preferred Rate Loan
With monthly fees starting at 1.25% of the original funding amount, get financing* that works for your business.
Whether you’re launching a new product, buying new equipment, or expanding operations, let us help you do great things with the Preferred Rate Loan*. With monthly fees starting at 1.25% of the original funding amount, qualified borrowers can get more loan for less money.
*The Preferred Rate Loan requires a personal FICO of 660 or higher and being in business for more than four years, as well as other eligibility criteria. Financing on the Preferred Rate Loan is available from $25,000-$100,000 for terms of nine to 18 months for Qualified Businesses. RapidAdvance offers additional products, including business loan, business line of credit and Merchant Cash Advance (MCA). Financing is available up to $500,000 for these products.
Benefits of the Preferred Rate Loan
|Affordable:||Our low-cost loans allow you to grow your business, not your debt.|
|Easy:||Apply online or call us at 800-635-7720 today!|
|Fast:||Get approval in just a few hours and funding in as fast as one day.|
|Transparent:||No surprises – we lead you every step of the way.|
How the Business Loan Works
You just came up with the prototype for a game-changing product. Now all you need is the capital to launch it, to the tune of $80,000.
How it works:
$80,000 x 1.25% x 12 months
Cost of funding:
$12,000 or $47.62/day for 252 business days
Get Started Today
Request a free quote and a dedicated business advisor will contact you to discuss financing solutions. Want to speak to an advisor right now? Call us at 800-635-7720.