A seasoned SBA broker called Radix with a borrower he couldn’t help. The marketing company was looking for $150,000 and was only receiving higher rate offers. The broker knew Radix could help.
Anatomy of a loan:
$412,000 Revenue in previous year
$43,949 loss in previous year
745 credit score
Radix’s Solution
With good credit and good revenue, Radix can almost always fund growing small businesses. Radix can fund based on revenue and credit alone- and this case was no different. Despite the borrower’s business showing negative profit- Radix was able to fund this borrower in only 4 weeks.