Newsroom

Rapid Finance Enhances Lynx Platform with Cloud-Based Rules Engine to Enhance SMB Lending

Rapid Finance announced today the availability of its cloud-based rules engine as part of its recently enhanced, award-winning AI fraud detection platform, Lynx. The updated rules engine enables Rapid Finance’s enterprise customers to create customized risk management rules and outcomes, further strengthening the ability to make informed lending decisions tailored to specific business criteria.

Three considerations for bankers to enhance SMB lending

Elevating customer service across the enterprise. BAI Banking Strategies Executive Report.

The Evolving Landscape of SMB Financing

In today’s shifting financial landscape, the need for innovative small business financing solutions is critical. Community financial institutions (FI) that are meeting this challenge through the seamless integration of technology, customer-centric approaches, and collaborative strategies are realizing positive results for their business banking clients.

The Evolving Landscape of SMB Financing

Rapid Finance’s API-Supported Small Business (SMB) Disclosure Service Now Supports Kansas’ New Commercial Financing Disclosure Requirments

Rapid Finance, announced today the availability of its SMB Disclosure Service, a standalone Software-as-a-Service (SaaS) Regtech Module, to assist business funders and financing companies comply with Kansas’ new commercial disclosure requirements that took effect July 1, 2024.

Nurture small business customer service by meeting unique needs

Banking products are adaptable to SMB needs, and banks and fintech can play a key role in advancing how SMBs operate.

Rapid Finance Selected to Demo Business Lending Platform, Lynx, at FinovateFall

Lynx integrates enterprise historical data with network and third-party data sources, helps financial companies mitigate fraud and maximize conversion for consumer and small business financial onboarding

Rapid Finance Announces Integration With Q2’s Digital Banking Platform to Provide Small Business Lending Solutions

Rapid Finance, a platform that offers tailored solutions for small businesses, has announced its integration with Q2’s digital banking platform.

Q2 is a provider of digital transformation solutions specifically tailored for financial services. With this integration, Rapid Finance can deliver its small business financing solutions through the Q2 Digital Banking Platform, creating a secure and API-driven experience for customers.

Rapid Finance Lynx FIs with Small Business Lending Data

Rapid Finance, a small business financing platform specializing in providing customized solutions, demoed and exhibited its artificial intelligence (AI)-ready data aggregation and assimilation platform, Lynx, at the FinovateFall conference, which took place from Sept. 9-11 in New York City.

How Fintechs and Lenders Can Stay Ahead of Evolving Business Financing Disclosure Requirements

With more states continuing to pass their own small business financing statutes, keeping up with the compliance requirements across many different states is presenting a challenge for fintechs and other commercial and SMB lenders.

Top Industry Execs Attend Small Business Finance Leaders Summit in Washington DC

Speakers included US Senator Roger Marshall, Tom Sullivan from the US Chamber of Commerce, Holly Wade from the National Federation of Independent Business, Aaron Klein from Brookings, Will Tumulty from Rapid Finance, Justin Bakes from Forward Financing, Kirk Chartier from OnDeck, and Steve Allocca from Funding Circle, among others.

Rapid Finance Announces Partnership With LoanPro to Provide Lending-as-a-Service to Small Businesses Across the U.S.

The integration with LoanPro’s API-first platform creates a seamless transition from loan origination to management and servicing to cultivate deeper borrower relationships.

Holiday IT Wish List for 2024 – Part Three

“In this competitive market, it will be important for credit unions to leverage automation and rules-driven origination to provide quality decisions and drive member delight” -Preethi Janardhanan

Rapid Finance Extends Availability of Its API-Supported SMB Disclosure Service to Include Georgia and Florida Ahead of New Commercial Financing Disclosure Requirements

With more states passing similar regulations for SMB financing, Rapid Finance’s API and user interface equips lenders with a way to remain compliant with states’ specific regulatory requirements.

Rapid Finance Releases White Paper: “What You Should Know About Preventing Fraud and Optimizing Lending in The Age of Fintech”

“In today’s small business lending landscape, lenders must find a way to meet compliance requirements and ensure they are taking the necessary steps to mitigate the impact of fraud” – Will Tumulty

Rapid Finance Partners With Ramp to Provide Small Businesses With Faster Access to Capital

With this partnership, small businesses on Ramp have access to more financing options to secure the capital they need to effectively run and grow their operations.

How Bankers Can Help Mitigate the Impact of Natural Disasters for Small Businesses

It’s in the best interests of bankers to be proactive about reaching out to their business customers before and after natural disasters occur to let them know about the resources that are available to them.

LIVE FROM MONEY 20/20 EP. 7: THE KEYS TO FINANCE DONE RAPIDLY FOR SMBs

In this episode from Money 20/20 in Las Vegas, Will Tumulty discusses how his small business lending platform turns the value chain into a powerful force for good.

Awards

We Are Leaders in Our Field

Rapid Finance Wins Fintech Futures 2022 Banking Tech Award for “COVID-19 Response by Technology Services & Software Providers”

Rapid Finance was instrumental in the execution of the COVID-19 EIDL Programs, successfully supporting more than 21 million loan applications; totaling nearly $400 billion.

Learn More

Rapid Finance Named a 2022 Banking Tech Awards Finalist by Fintech Futures

Rapid Finance was instrumental in the execution of the COVID-19 EIDL Programs, successfully supporting more than 21 million loan applications; totaling nearly $400 billion.

Learn More

*Small Business Financial Solutions, LLC offers term loans (pursuant to its California Lenders License No. 603-I855) and factoring in California. Small Business Financial Solutions, LLC and Rapid Financial Services, LLC offer term loans, lines of credit and factoring outside of California. RFS Business Funding, LLC arranges term loans in California (pursuant to its California Finance Lenders License No. 603-J299) and arranges term loans, SBA loans, lines of credit, factoring, asset based loans, commercial real estate loans and business credit cards outside of California.