What is a Radium Advance?
A Radium Advance is a one-off burst of capital when your business needs it most. Don’t wait up to 18 months for your tax refund. A Radium Advance is a cash flow friendly and cost effective way to finance your R&D now.
- approval decisions in two business days
- get funds three business days after you sign up
- no upfront fees and nothing to pay until your refund arrives
- secured against your tax refund—avoids dilutionary equity
- check out the benefits of a Radium Quarterly Advance
Radium Quarterly Advances let you access your R&D refund up to four times a year, giving you consistent capital and cash flow. The more you use Radium Advances, the more your R&D benefits. Advance your tax refund every quarter and reinvest in R&D to trigger extra refunds.
- boost your R&D spend by 50% or reduce your outlay by 33%
- increase your R&D refund
- reinvest up to 150% of R&D expenditure back into R&D
- approval decisions in two business days
- get funds three business days after you sign up
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About Radium Capital
Created by entrepreneurs for entrepreneurs, at Radium Capital we believe businesses with research & development should have access to capital when they need it. So we created the Radium Advance to enable businesses to unlock their tax refunds sooner.
We are Australia’s leading R&D specialist and have deployed over $350m to Australian innovators.
“By partnering with Radium Capital, we’re able to open the door to new opportunities for our members, providing them with the chance to grow their own businesses and receive first-class support along the way.”
Chandra Sundareswaran, Spacecubed General Manager
Am I eligible to get early access to an R&D tax refund?
Does your business do R&D?
Does your company conduct R&D to improve existing products and services? Maybe you’re a start-up with a focus on innovation, or R&D is your core business?
Do you meet the government’s criteria?
You must be a company liable for Australian income tax, have a minimum annual R&D expenditure of $20,000 and conduct at least one activity under the government definition of R&D.
How much money
could you access?
Calculate my advance
What we offer
At Radium Capital, we don’t think like a bank so we can help you access and invest your R&D refunds sooner with a Radium Advance.
Efficient review and approval process
One off or regular advances
No repayments until your loan matures
R&D advances secured against your ATO refund
Transparent, fixed price service
Talk to our experts
R&D finance is all we do. Get in touch to discuss how you could use a Radium Advance to improve the capital or cash flow of your business and how to claim your R&D refund in advance.
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Please complete the form below and we’ll contact you during business hours.