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After closing a $600,000 SBA debt refinance, an online retailer was looking for a quick line of credit to push his company over the top. He was not eligible for additional SBA funding, but after refinancing all of his high rates, he was looking for a low monthly payment to complete his working capital needs.

 

 

Borrower’s Issues

  • Recent SBA Loan Closing
  • Needed Capital Quickly

Radix’s Solution

When a business owner needs funding quickly, a cash advance is no longer his only quick option. Radix now offers a new line of credit
programs that funds in only a few days. The payments are always affordable, interest only, and monthly.

 

Terms:
Funded: $150,000
Monthly Payment: Interest Only $1,690
Interest Rate: 8.99%+ SOFR (currently 14%)
Funding Time: 2 weeks

 

Click here to apply today.

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