Rapid Advance

RapidAdvance provides merchant cash advance programs for remodeling, off debt/taxes payment, expansion and emergency funding. Read more

Will Tumulty's photo - CEO of Rapid Advance

CEO

Will Tumulty

CEO Approval Rating

73/100

RAPID ADVANCE TOP COMPETITORS OR ALTERNATIVES

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OnDeck is one of Rapid Advance's top rivals. OnDeck was founded in New York, New York} in 2006. OnDeck is in the Application Software industry. Compared to Rapid Advance, OnDeck generates $398.5M more revenue.

CAN Capital is Rapid Advance's #2 competitor. CAN Capital was founded in 1998, and is headquartered in Kennesaw, Georgia. Like Rapid Advance, CAN Capital also competes in the Diversified Financial Services space. CAN Capital generates $203.2M more revenue vs. Rapid Advance.

Kabbage is a top competitor of Rapid Advance. Kabbage's headquarters is in Atlanta, Georgia, and was founded in 2008. Kabbage competes in the Application Software industry. Kabbage generates 2,733% of Rapid Advance's revenue.

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Growth Score - 1/1

Is $10.2M a good estimate for Rapid Advance's revenue?

Rapid Advance Acquisitions

No recent acquisitions found related to Rapid Advance

Rapid Advance Funding History

Since Rapid Advance was founded in 2005, it has participated in 1 round of funding. In total Rapid Advance has raised $2.0M. Rapid Advance's funding round was on Apr 2020 for a total of $2.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$2M - $5M

U.S. Small Business Administration.

Since Rapid Advance was founded in 2005, it has participated in 1 round of funding. In total Rapid Advance has raised $2.0M. Rapid Advance's funding round was on Apr 2020 for a total of $2.0M

Rapid Advance Investments

No recent investments found related to Rapid Advance

Rapid Advance News

July 16, 2015SOLAR INDUSTRY MAG

ENACT And RapidAdvance Offer Working Capital Financing For Solar Installers

ENACT Systems, which provides end-to-end, business process automation solutions for distributed energ... See more »
July 13, 2015SYS-CON MEDIA

Will Tumulty Joins RapidAdvance as New Chief Executive Officer

BETHESDA, Md., July 13, 2015 /PRNewswire/ -- RapidAdvance has named Will Tumulty the new chief execut... See more »
July 11, 2015SOLAR NOVUS TODAY

ENACT and RapidAdvance Offer Working Capital Financing for Solar Installers

Meeting demand within the solar, energy efficiency and other distributed energy markets, ENACT System... See more »
July 10, 2015PE HUB

Rockbridge-backed RapidAdvance recruits Tumulty as CEO

RapidAdvance, which is backed by Rockbridge Growth Equity, has named Will Tumulty as CEO. Tumulty was... See more »
February 5, 2015THE GREEN SHEET

RapidAdvance names Jim Fink as Director of Strategic Partnerships -- 11:41:34(CST)2-05-2015

Baltimore, Feb. 5, 2015 -- Mark Cerminaro, Chief Revenue Officer of the financial services company Ra... See more »
October 27, 2014GLOBEST

Financing Firm Signs First Lease at Spec Building

BETHESDA, MD--Financing firm RapidAdvance has signed on as the first tenant at Carr Properties' specu... See more »
October 21, 2014THE GREEN SHEET

POS Portal adds RapidAvance to P2 CRM -- 01:53:51(CDT)10-21-2014

Baltimore, Oct. 21, 2014 -- POS Portal, in partnership with RapidAdvance, has launched a new applicat... See more »

Rapid Advance Blogs

May 15, 2019Rapid Advance Blog

Why Loan Stacking Is Bad For Business

Since the financial crisis, it's harder than ever to convince banks and traditional lenders to buy in... See more »
April 29, 2019Rapid Advance Blog

Financing Made Simple: The Truth About Small Business Financing

How many times have you heard that it's hard to get funding? It's a common refrain and every entrepre... See more »
April 22, 2019Rapid Advance Blog

Minimum Sales Requirements: The Truth About Small Business Financing

Every successful business had to begin somewhere. Apple started in Steve Jobs' garage, after all. Whi... See more »
April 15, 2019Rapid Advance Blog

Spending Freedom: The Truth About Small Business Financing

It's hard to qualify for a traditional small business loan through a bank, and it's even more difficu... See more »
April 8, 2019Rapid Advance Blog

Get Funded With Bad Credit: The Truth About Small Business Financing

If you're a small business owner, your need for cash is often greatest in the period before you recei... See more »
April 1, 2019Rapid Advance Blog

Get Cash Fast: The Truth About Small Business Financing

The process of getting a traditional bank loan for your small business is frustrating. It's nearly im... See more »
March 11, 2019Rapid Advance Blog

Top 3 Reasons Why Filing Your Taxes Late Sucks

If you're late on filing taxes in 2019, there's no need to panic. The Internal Revenue Service (IRS) ... See more »

Rapid Advance Press Releases

October 21, 2014PRWEB

Creates Seamless, One-source Solution for Merchant Financing

POS Portal, in partnership with RapidAdvance, has launched a new application that creates a seamless,... See more »

Rapid Advance Videos

Social Media

Rapid Advance Headquarters

4500 East West Hwy 6th Floor

Bethesda, Maryland20814

877-889-1037

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Rapid Advance Summary

ABOUT

Overview

RapidAdvance provides merchant cash advance programs for remodeling, off debt/taxes payment, expansion and emergency funding. Rapid Advance was founded in 2005. Rapid Advance's headquarters is located in Bethesda, Maryland, USA 20814. It has raised 2....

CEO

Rapid Advance's CEO, Will Tumulty, currently has an approval rating of 73%. Rapid Advance's primary competitors are OnDeck, CAN Capital & Kabbage.

Frequently Asked Questions about Rapid Advance

  1. When was Rapid Advance founded?

    Rapid Advance was founded in 2005
  2. Who is Rapid Advance's CEO?

    Rapid Advance's CEO is Will Tumulty
  3. How much revenue does Rapid Advance generate?

    Rapid Advance generates $10.2M in revenue
  4. How much funding does Rapid Advance have?

    Rapid Advance has historically raised $2M in funding
  1. Where is Rapid Advance's headquarters?

    Rapid Advance's headquarters is in Bethesda Maryland, USA
  2. How many employees does Rapid Advance have?

    Rapid Advance has 181 employees
  3. What sector does Rapid Advance operate in?

    Rapid Advance is in Diversified Financial Services
  4. Who are Rapid Advance's competitors?

    Rapid Advance's top competitors are OnDeck, CAN Capital, Kabbage