RADIUM ACCELERATES YOUR INNOVATION
At Radium we’re all about innovation, which is why we specialise in offering R&D Tax Incentive advances, with fast approval and funds transfer to eligible businesses.
Hearing that many clients were interested in advances each quarter instead of just once a year, we’re pleased to offer Quarterly Advances.
Available to new and existing clients, this could see your past R&D activity support future Research and Development
These can be requested for some or all quarters of the year, allowing up to four drawdowns against a the activity of a full year.
As such, Quarterly Advances are ideal for topping up cash-flow without the expense and effort of raising additional capital or new debt – especially as they could arrive more than 12 months before an end of financial year return.
As part of our overall approach, we offer:
- No repayments until refund is received
- Approval within 48-hours of application
- Funds transfer within 72 hours of approval for eligible applicants
- No security beyond the R&D Tax Incentive refund
- A flat establishment fee of $699 +GST per advance
- Referral to an eligible Radium accounting firm to prepare your refund (if necessary)
- Online lodgement and processing through our custom-designed portal
The process of application and review is straightforward, with just five clear steps:
- The business supplies Radium six key documents for review after an initial phone conversation. From these an initial approval can be provided.
- If confirmed Radium can assist, we supply a customised application form.
- The form is generally completed within half an hour, then returned to Radium for processing.
- Within 48 hours processing is completed and your Loan Agreements are ready.
- Once document are approved, funds are transferred in 72 hours
This all takes just 4 days compared to the more than 300 days it could take for the rebate itself. Radium is a faster, cost-effective and secure way to accelerate success.
TOTAL VALUE LOANED
Cash advance every quarter secured against your annual refund.
Security Limited to your R&D Tax Refund.
Online approvals – Decision within 48 hours of application.
Cash flow friendly – No repayments until your refund is received with interest and fees deducted from the refund amount.
Market Leading Rates – $699 establishment fee plus 15%p.a. interest on funds advanced.
Certainty of funding – Approved loans funded within 48 hours.