Judson Russ
Orlando, FL (USA)
Role(s):
Other
Rapid Cash Advances, Inc.
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Startup
Location:
Orlando
Industry:
Finance
Year Founded:
2012
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
"S" Corporation
Description:
Rapid Cash Advances is a Florida corporation offering short term cash loans, referred to as a cash advance or payday advance, check cashing, bill payment processing other related financial services. Currently Rapid Cash Advances operates twelve locations in central Florida, with Orlando as the main focus. After adjusting for changes in legislation in 2001, Rapid Cash Advances reorganized in 2002 and came out strong in 2003. New products and a new business model has generated additional revenue and sparked the interest to expand. Rapid Cash Advances down sized to in the summer of 2002, then opened two new locations in 2003 and expanded to seven locations by the end of 2005. We opened three locations in 2006 and started 2007 with nine locations, then purchased two locations in Tampa March of 2011 to bring our current location count to twelve.