Radix Funds $150K for Construction Company with No Collateral

The owner of a construction company wanted to refinance $100,000 of high-rate debt into a single, ten-year loan. Sounds simple enough but, without collateral, he could not find a bank willing to give his business a fair shot. Luckily, he found Radix online and gave us a call.

BORROWER’S ISSUES

• No collateral
• 650 credit

RADIX’S SOLUTION

​No collateral is no problem with Radix Financial Group. Despite a credit score lingering around 650, Radix was able to wrap up this debt refinance in under one month! The business showed strong profitability and, at Radix, cash flow is king. In fact, we even threw in $50,000 of working capital to help the construction company keep on building.