A rapidly growing employment agency came to Radix in 2019 and successfully obtained a $350,000 SBA working capital loan. Even with revenues more than doubled, they showed a very large loss of over $600,000 last year, and their bank couldn’t help.
While traditional banks don’t want to help businesses with large losses, Radix can still help these small businesses achieve their goal. We can fund based on just revenue and credit.
| Loan Amount | $300,000 |
| Interest Rate (adj 6% + Prime) | 12.0% |
| Years | 10 |
| Monthly Payments | $4,304 |
| Yearly Payments | $51,649 |
Learn more about our SBA Express loan.
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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.