03/13/2023 | Strategic Partnership | Rapid Finance

By nick News

Monday, March 13th 2023
Washington, DC

Modus POS is excited to announce partnership with Rapid Finance, a technology-powered financial services company that provides working capital to small and mid-sized businesses in the United States.

Modus Capital, a newly created division of Modus POS, will be tasked with integrating and promoting Rapid Finance wide variety of product offering to Modus POS clientele.

About Rapid Finance. The company was founded in 2005 and headquartered in Bethesda, Maryland. It was acquired by Dan Gilbert's Rockbridge Growth Equity, LLC in 2013. Rapid Finance is part of Rock Family of Companies that include the Cleveland Cavaliers, Fathead, Rocket Mortgage and Genius. The company went through a rebrand in 2019, changing its name to Rapid Finance following its expansion and diversification of loan products. Consumers Advocate ranked Rapid Finance as the third best small business loan provider.