Radix Funds Arizona Plumber for 3rd Time with Line of Credit Financing Solution
Radix Financial
May 24, 2024
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Every qualifying small business owner is eligible for up to two SBA Express loans per year. What happens when a business has already taken out two Express Loans, but still needs additional funding?
A successful Arizona based plumber asked us that very question, after his second SBA Express loan ($300,000 total) in 2022. He needed an additional $150,000 to shore up his financing goals.
Borrower’s Issues
Borrowing business already took out two SBA Express Loans.
Borrower needed additional funding.
Borrower was looking for something quick and easy.
Radix’s Solution
Radix has multiple products to pair with an SBA Express loan, but one of our favorites is our quick and easy line of credit. This program is built for business owners who need funding with minimal paperwork and in a timely manner. This loan product only requires 6 months of business bank statements and a current debt schedule to apply.