A clever part of your capital and cash flow mix
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
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.
Am I eligible?
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 to apply
You can apply for a Radium Advance in just a few easy steps.
Get in touch
If you're eligible for the R&D Tax Incentive, you’re eligible to apply for a Radium Advance.
Get a comfort letter from an approved R&D Tax Advisor supporting your refund assessment and verify your tax position with your accountant.
We'll help you with your application and the documents you need. You can start your application here.
Application assessments are done within two business days. And your money will be available three business days after you sign your loan documents.
How much money could you access?
* to be verified by approved R&D tax consultant