Report: #739883

Complaint Review: Rapid Capital Funding

  • Submitted: Sun, June 12, 2011
  • Updated: Fri, August 26, 2011
  • Reported By: Nathan — Miami Florida United States of America
  • Rapid Capital Funding
    6205 Blue Lagoon Dr. Miami Fl 33126
    United States of America

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For all you merchants thinking of getting a cash advance through this company never believe what the agent on the phone tells you as far as what kind of deals they do. ITS SALES!!!! You can only talk real deals only with underwriters. When an underwriter finally calls you its because you have been approved and are not a risk for them as a client. The underwriter will go over options with you and offer you deals. (Sometimes fair and sometimes at the limit where they will get the most bang for their buck when they do the deal with you) I'm sure you catch my drift. Again its sales.

Employment: The two owners of this business have no respect for any sales agent on the floor. Expect your check to be average 350 a week MAX if your an amazing sales agent 475. RAPID fired about 20 agents over a period of a month because they happened to open an office or merge with an office in Nicaragua. This office now has like maybe 10 employees max. Not including the 4 "underwriters" that offer you deals. I'm an amazing sales agent and I could run this office. The solution is not to fire everyone but to have better training. Then the company can succeed. Good luck Rapid 

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#1 REBUTTAL Owner of company

CEO: "Nathan was terminated for performance".

AUTHOR: Criag Hecker, CEO Rapid Capital Fun - (USA)

I am Craig Hecker, CEO and founder of Rapid Capital Funding, LLC, a direct funder of merchant cash advances.  Rapid Capital Funding has offices in Michigan and Florida and is one of Americas most trusted and reliable merchant cash advance providers. We have maintained an A rating with the Better Business Bureau for close to four years. 80% of our clients are repeat customers. Since 2007, RCF has been providing working capital solutions to all types of businesses nationwide.  We do not now, nor have we
ever, charged up front fees for our cash advance services.  We have dedicated underwriting, in house
funding and legal departments, on site customer service and pride ourselves on 100% customer satisfaction.  We also have certain relationships with third parties representing our services in certain
markets, all of whom have met and maintain the highest standards of professionalism and ethics.

 In response to this post, I wish to inform the reader that it was written by a former probationary employee whose employment was terminated. Nathan was let go strictly for lack of performance and

 I am are very proud of our workplace and staff.  We have over 30 full time employees in our Miami office and we do in fact maintain certain back office servicing in locations with lower costs in order to pass those savings on to our clients and provide the well-paid, high skilled jobs to our local

 In light of this complaint we have reviewed our hiring and training process for new employees and introduced a more formal termination and exit interview protocol.

Craig Hecker

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#2 UPDATE Employee

RCF is a reputable BBB rated company that offer excellent employment opportunities

AUTHOR: Kristine Hernandez - (United States of America)

This anonymous writer is an ex employee who was terminated due to poor performance. Rapid Capital Funding, like all companies, strives to employ high caliber employees that must meet certain criteria. All Rapid Capital employees are afforded tremendous growth opportunities and it is unfortunate that this particular ex employee feels disgruntled.
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