Website: http://radiumcapital.com.au
Member Contact: Tim Hynes
Position: State Manager – Victoria and Tasmania
Industry: Industry Support Services
Company Profile:
Radium Capital is Australia’s market leader in R&D financing. We were formed by entrepreneurs; for entrepreneurs. That’s why we don’t think like a bank!
We believe businesses with R&D should have access to capital when they need it. So we created the Radium Advance to enable innovation businesses to unlock their tax refunds sooner.
Through Radium Advances we provide quick, easy and early access to up to 80% of your expected R&D tax incentive refund in just a few business days. There are no upfront fees or repayments until you receive your tax refund.
If you are eligible for Federal Government’s RDTI, you are eligible to apply for a Radium Advance.
Radium Advances are non-dilutionary and available as a one-off cash injection, or can be used strategically throughout the year to smooth cash flow. Under the Radium Advance Quarterly model, for the same expenditure, you can;
- boost your R&D spend by 50% or reduce your outlay by 33%
- reinvest up to 150% of R&D expenditure back into R&D
Our smart finance solutions help businesses of all sizes grow and thrive.
Find out more about Radium Capital and read customer case studies at www.radiumcapital.com.au, or contact BioMelbourne Network member Tim Hynes (Radium Capital State Manager – Victoria and Tasmania) on tim.hynes@radiumcapital.com.au / 03 9917 4145 for more information.
BioMelbourne Network respectfully acknowledges the Traditional Custodians of the unceded lands and waters of Victoria: the Bunurong, Gunaikurnai and Wurundjeri peoples, on which the BioMelbourne Network and our Victorian members work, and as well as the lands and waters of our members further afield. We pay respect to their Elders past and present. As Australia’s first scientists, we acknowledge the significant contribution that they and other Aboriginal and Torres Strait Islander people have made and continue to make to the research and knowledge systems that inform our community and our sector.
We acknowledge that Aboriginal and Torres Strait Islander people continue to live in a spiritual and sacred relationship with this country and recognise our responsibility to continue to work towards reconciliation.