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Marketing Company
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.

 

Loan Amount $150,000
Interest Rate (adj 6% + Prime) 13.5%
Years 10
Monthly Payments $2,284
Yearly Payments $27,409

 

Learn more about our SBA Express loan.

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