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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.

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

 

Learn more about our quick and easy line of credit, or to apply 

If you are interested in a similar loan

APPLY NOW

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