LOAN AMOUNT
INTEREST RATE
QUICK & EASY
If your credit score is over 650 and your business is profitable, Radix can help your company obtain a non-collateralized SBA term loan based on your credit and profit alone. Even if your company doesn’t have any assets, we can still help!
The SBA is now more flexible guidlines than ever before.
Review the eligibility requirements below for this loan program
Complete the online application & submit the required documentation for underwriting
IT'S THAT EASY!
Who is Not eligible?
Amount: $30,000- $5,000,000
Interest rate: 2.75% + Prime (currently 11.25%)
Loan period: Ten-year term and amortization
Closing timeframe:
$150,000 and below: 2-3 weeks. Can be even faster though our SBA Express Program.
$150,000-$350000 and under: 3-4 weeks
$350,000 and above: 4-9 week
Payment frequency: Monthly payments
Prepayment penalty: None
UCC filing on the business- Yes (This is standard for all business loans)
Personal guarantee- Yes
Business property lien- Yes, if you own the property the business operates out of and there is more than 25% equity
Personal home lien-
Below $350,000- Never
Above $350,000- Situationally depending
All Radix needs for pre-approval
Not enough profitability? Try our SBA Express Loan.
Don’t want an SBA Loan? Try our Line of Credit or Term Loan.
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