When a Baltimore based home health care agency was looking for $150,000 to grow his business, his wife referred him to Radix. We had helped her obtain an SBA loan in 2019, and she knew we would offer her husband the same white glove service. His business had no debt, but the profit was so minimal profit, he was having trouble finding working capital.
While Radix loves to help business owners looking to refinance high rates, we also love to help business owners with no debt who are looking for working capital. This loan was easy. No debt. Great credit. We funded the loan in just over two weeks. The owner plans on doubling revenue within two years, and we are so proud to have facilitated the beginning of that growth.
| Loan 1 Amount | $150,000 |
| Interest Rate (adj 6% + Prime) | 10.50% |
| Years | 10 |
| Monthly Payments | $2,024 |
| Yearly Payments | $24,288 |
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.