SBA Fast Track Loan Programs

The SBA lenders that Radix works with require the following:

• A business owner with good personal credit (FICO 650 or above)
• Business with revenue above $100,000 annually
• Business with a business credit score (liquid credit) of 155 or greater
• Business owners who owe taxes with no lien and a current payment plan

Other SBA lenders could have their own requirements

The SBA lenders that Radix works with do not fund the following:

• A business or business owner with unreleased judgments
• Business types that are not eligible for SBA funding

Other SBA lenders could have other classifications for ineligibility.

Amount: $25,000-$500,000

Interest rate: Rates as low as 10.25%

Loan period: Ten-year term and amortization

Closing timeframe: 2-4 weeks

Payment frequency: Monthly payments

Prepayment penalty: None

Radix works with many SBA lenders, and the above is a basic outline of  the loan terms they offer, which are subject to change. Other SBA lenders could offer different rates and terms in accordance with SBA policy.

Radix can help your business secure $25,000- $500,000 in just 2-4 weeks

UCC filing on the business- Yes (This is standard for all business loans)

Personal guarantee- Yes- a personal guarantee is required on all SBA loans

Business property lien- Most of the preferred lenders that Radix works with do not require a lien under $500,000 but this is a case by case basis.

Personal home lien- Most of the preferred lenders that Radix works with do not require a lien on personal residences under $500,000 but this is decided on a case by case basis.

Learn more about Traditional SBA, Non SBA Term Loans and our Line of Credit options.