Radix Funds Small Accounting Firm for Second Time

When a woman-owned accounting firm needed some quick cash to manage growth, she took a few high-rate loans to help make monthly payroll. The high weekly payments quickly became too much, and it became apparent that a debt refinance was necessary. However, due to some high credit card balances, the owner’s low credit, the banks weren’t willing to help.

Anatomy of a loan:

• $3,500,000 Revenue in previous year
• $150,000 loss in previous year
• Two high-rate MCA loans that needed to be paid off
• 660 credit score

Radix’s Solution

She was able to pay off her MCAs, lower her credit card balances, and put herself in position to rebound to a very successful 2025. Before calling Radix, she paid over $12,000 per month. After, her bill was lowered to around $2,000 per month- a savings of over $10,000.

Learn more about our SBA Express loan.