The specs
KapitusRapid Finance
Product typeMulti-productMulti-product
Amount range$10K – $5M (across products)$5K – $1M (across products)
Cost (factor / APR)Factor 1.18 – 1.45 (MCA); APR varies on term, LOC, and equipmentUp to 5% of financing per public partner page; APR varies
Speed to fund24 – 48 hours (MCA); 3 – 7 days for term + equipmentSame-day to 3 days
Min time in business24 months12 months
Min monthly revenue$15,000$10,000
Min credit score625+600+
Products
- MCA
- Term loan
- LOC
- Equipment financing
- Invoice factoring
- Helix healthcare financing
- MCA
- Term loan
- LOC
- Embedded lending
Verdicts by use case
- Broadest product line — Winner: Kapitus. Kapitus offers MCA, term loan, LOC, equipment financing, invoice factoring, and Helix healthcare financing — six product categories. Rapid Finance offers MCA, term loan, LOC, and embedded lending — four. Merchants wanting factoring or healthcare-specialist products favor Kapitus.
- Newer business (12 – 24 months TIB) — Winner: Rapid Finance. Rapid Finance's 12-month TIB floor accepts merchants Kapitus's 24-month minimum declines. Sub-24-month businesses are Rapid-only in this pair.
- Larger deal size at strong file quality — Winner: Tie. Both fund up to ~$1M – $5M across products and both serve A/B-paper merchants. Kapitus's PE-backed balance sheet supports larger deals; Rapid's product diversification gives more structure options. Compare actual indicative offers on a deal-by-deal basis — there's no consistent winner at the high end.
- Healthcare / medical / dental / vet vertical — Winner: Kapitus. Kapitus Helix is a dedicated healthcare financing platform with specialist underwriting for medical, dental, and veterinary practices. Rapid Finance has no vertical healthcare specialty. Healthcare ISOs and practices favor Kapitus.
- Embedded / platform partnership distribution — Winner: Rapid Finance. Rapid Finance has explicit embedded-lending infrastructure for vertical SaaS partners. Kapitus distributes primarily through ISO and direct channels without a comparable embedded API story. Platform partners and SaaS integrators favor Rapid.
The honest takeaway
Kapitus and Rapid Finance solve overlapping but distinct problems. The right choice depends on three things you already know about your business: how fast you need the money, how long you've been operating, and whether the capital need is one-time or recurring.
Frequently asked questions
- I'm a dental practice at $80K/mo collections, 700 FICO, 4 years in practice — which?
- Kapitus Helix. The healthcare-specialist underwriting prices the deal materially better than Rapid's generalist approach. Expect APR in the 18 – 28% range on a term loan, or a 1.18 – 1.24 factor on MCA. Rapid Finance can fund but lacks the vertical specialty — pricing typically lands 200 – 400bps higher at this file grade. Kapitus wins on cost for healthcare files.
- I'm a $15K/mo trucking company with 600 FICO and 14 months TIB needing $40K — which?
- Rapid Finance. Kapitus's 24-month TIB and 625+ FICO floors both decline you. Rapid's 12-month TIB and 600+ FICO accept you. Their multi-product menu gives structure flexibility — at this file grade their MCA likely lands at 1.35 – 1.42 factor, term loan in the 35 – 50% APR range. Run both and pick on total payback.
- Which is better for a vertical SaaS platform looking to embed financing for their merchant base?
- Rapid Finance, decisively. Their explicit embedded-lending infrastructure with vertical SaaS partners (Boulevard, Priority Tech, others) is the differentiator. Kapitus distributes through ISOs and direct sales without a comparable embedded API. If you're a SaaS platform building a capital product for your merchants, Rapid is the only realistic option in this pair.