Equipment Financing Loan Program

Purchase Equipment Quickly and Easily

If you are interested in purchasing equipment through our 10 year term SBA program, you can find information for smaller equipment purchases here and larger equipment purchases here.

If you are not interested in SBA funding, Radix also offers non- SBA Equipment Financing.

simple

3 Step Process

Radix provides fast and efficient equipment financing.

Check Eligibility

Review the eligibility requirements below for this loan program

Apply Online

Complete the online application & submit the required documentation for underwriting

Get Funded

IT'S THAT EASY!

Frequently Asked Questions

Who is eligible?

Personal credit - minimum personal credit of FICO 550
Recent bankruptcies, foreclosures and tax liens are not an issue.
Start ups and established profitable and non pofitable businesses

What are the loan terms?

Amount: $35,000-$5,000,000

Interest rate: As low as 9.99%

Loan period: 2-5 Years

Closing timeframe: 2 weeks

Payment frequency: Monthly payments

Prepayment penalty: Depends on the loan. Often we can fund with no penalty.

Will a lien or a personal guarantee be required?

UCC filing on the business- No

Personal guarantee- No

Business property lien- No

Personal home lien- No

What documentation is required for underwriting?

All Radix needs for pre-approval

2 years of business and personal tax returns
Business debt schedule
Interim financials: profit & loss statement, balance sheet
6 most recent business bank statements

Are there any alternative options?

Rates for Equipment funding too high?

Please check out our Traditional SBA and SBA Express loan options for ten year terms to purchase equipment.

Recent Closings

Programs

Equipment Financing Loan Program

Up to 5 Million

From 9.99%

Funds in 2 weeks