RapidAdvance announced it has rebranded as Rapid Finance.

In 2006 when RapidAdvance was established, it selected its brand name based on where the industry was at the time as well as the value add its solution and the company brought to its partners and to its clients.

The company said it has built that brand into an industry leader and an organization of over 200 people that serve small businesses every day.

It is changing its name because the company, the types of clients it serves and the types of organizations it partners with have expanded and evolved. It now serves much broader business types, works with a greater array of partners and offer multiple financing solutions to help small businesses grow.

Rapid Finance is an online financial services company that offers flexible funding solutions to small and medium-size businesses. It has provided more than $1 billion in financing to businesses nationwide. Rapid Finance has its headquarters in Bethesda, MD, and an office in Detroit.