What We Learned About RapidAdvance From RapidAdvance’s Planned Securitization

| By:


rapidadvance

RapidAdvance is raising money through their first-ever securitization. This is what we’ve learned about the company as a result so far, thanks to the bond ratings process:


2017 origination volume: $260 million | See how this ranks against their peers

Lifetime funding volume: > $1.5 billion

Total shareholder equity: $54 million

Majority owned by: Rockbridge Growth Equity LLC

# of employees: 168

Notable strategic partnerships: Office Depot and Worldpay

Provides: Mainly Business loans (≈80%) but also merchant cash advances (≈20%)

Founded: 2009

Generates deals via: 62% ISO & Funding Partner Channel / 38% Direct


Other funders that recently did their first securitizations include Credibly and Strategic Funding Source.

Last modified: January 1, 2019

Category: Business Lending, merchant cash advance

Home Business Lending, merchant cash advance › What We Learned About RapidAdvance From RapidAdvance’s Planned Securitization


    Forward Financing

    CounselorLibrary

    Redstone Advance

    Highland Hill Capital

    Avanza Capital

    ROK Financial

    SOS Capital

    National Funding

    Queen Funding

    Percent

    Lendora

    Vox Funding

    CapFront

    Proventure Capital

    Better Accounting Solutions

    ByzFunder

    Merchant Financing Leads

    CFG Merchant Solutions

    Meged Funding Group

    Thor Capital Group

    Fox Business Funding

    Legacy Capital Group

    Splash Advance

    Broker Fair 2022

    Central Diligence Group

    CAN Capital

    United Business Funding