Straightforward answers to the questions established business owners ask before applying for SBA and non-SBA financing — written by the team at Radix Financial Group, which has facilitated more than 3,500 SBA loans and over $700 million in funding across all 50 states.
How SBA-guaranteed lending works, who it’s for, and the main program types in plain English.
Side-by-side comparison of speed, loan size, rates, and which one fits your situation.
Why an SBA loan almost always beats an MCA — and how to escape one you’re already in.
Realistic timelines by loan amount and program, plus what slows things down.
What FICO score you actually need, and what else lenders weigh besides credit.
Which SBA program to use when buying or refinancing owner-occupied property.
What’s possible below a 680 FICO, and how Radix funds borrowers banks turn down.
Eligible uses — working capital, debt refi, acquisition, equipment, real estate, and more.
Prime + margin explained, why rates vary, and how to compare offers.
The full process from pre-qualification to funding, and the documents you’ll need.
Plain-English definitions of 30+ terms — 7(a), Express, 504, MCA, Prime rate, DSCR, LTV, and more.
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Radix Financial Group and its affiliates are not lenders participating in SBA’s 7(a) loan program. Radix is a marketplace to help business owners obtain SBA 7(a) loans. Said loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.