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
Who we are
Created by entrepreneurs for entrepreneurs, a small group of fintech entrepreneurs and investors created Radium Capital in 2017.
We believe businesses with R&D should have access to capital when they need it. So we created the Radium Advance to enable businesses to unlock their tax refunds sooner. With our fintech know-how, we developed a platform to give businesses quick, easy and early access to R&D refunds, saving time and costs.
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.
Approval decisions in two business days
One off or Quarterly advances
No upfront charges
R&D advances secured against your ATO refund
Confident, fixed price service
How much money could you access?
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.
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.
