Techboard is very pleased to announce that it has partnered with Perth-based Fintech company Radium Capital.
Radium has a unique offering, assisting Australian Startups and Tech Companies in funding R&D programs by smoothing out cashflow, providing funds in advance of a return.
Highlights of Radium’s story so far include:
- Advances ranging from $10,000 up to $6.4M, with an average of $235,000
- 83% of all applicants are approved and funded
- 30% of clients return for repeat advances
- Information Technology is the largest industry by volume
- Mining is the largest industry by dollars advanced
To deliver this efficiently and at scale, Radium developed a platform which turns this traditionally complex financial product into one which is now readily accessible to Australian companies of all sizes.
Techboard is partnering to help Radium to help companies accelerate their growth by enabling them to access their R&D refund when they need it – not after the fact.
Techboard Co-founder Peter van Bruchem will be interviewing the CEO of Radium Capital, David Weir over coming weeks about the story behind Radium Capital and we will soon be bringing that interview to you.
In the meantime, if you are interested in knowing more about how you can get your R&D Tax Incentive payment earlier and how you can actually grow your R&D spend with Radium Advances, register your interest below OR set up or claim a Techboard Profile for your company.
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