R
Radford · Merchant Bank for the AI Buildout
For Borrowers

We lend to the operators running repeat deployments at velocity.

AI infrastructure businesses scaling from contracted cluster to multi-site footprint. $25M to $250M, deposit through 36–48 month term debt. If your deal fits the box below, the conversation starts with what you actually have.

Deposit → Bridge → Term. Plus Federal Finance.
I.Fit

If your deal looks like this, let's talk.

If your deal looks like this, let's talk
  • A mid-market AI infrastructure business with real customers and revenue

    Past the deck-and-thesis stage. Live customers, real revenue, and GPU procurement experience.

  • A signed (or close) order with a top-tier maker — NVIDIA, Supermicro, Dell, or similar

    The allocation is yours, or about to be.

  • A deal between $25M and $250M — too big for venture debt, too small for the bulge-bracket banks

    The band we were built for.

  • Hardware plus customer contracts we can lend against

    Anchor tenant, signed MSA, or contracted minimums that cover debt service with room to spare.

  • Data-center space, power, and cooling already secured

    Tier-3+ data center with executed lease. Power and cooling locked before we wire.

  • Based in a country where we can perfect and enforce the lien

    Standard paperwork, first lien on the hardware, no personal guarantee, no covenants on your company.

When we're not a fit
  • Pre-revenue or pre-contract

    Nothing to lend against yet.

  • Under $25M

    The setup costs don't make sense for either of us.

  • A first-time facility above $250M

    That's federal program territory — talk to us about Federal Advisory instead.

— An honest no in week one is worth more than a maybe in month three.

III.What to Send Us

Five inputs. Indicative pricing in 48 hours.

No data room required for the first conversation. A short email — or the five-field quote form — is enough for us to come back with a structure and a number.

Deal size and chipset

Total contract value, OEM, generation (GB300 / GB200 / H200 / H100 or equivalent).

Procurement status

Signed PO, allocation letter, or executed deposit terms.

Offtake context

Anchor tenant, signed MSA, or contracted minimums you'll underwrite the takeout against.

Colocation

Tier-3+ data center, executed lease, power and cooling secured.

Jurisdiction and tenor

Where the hardware deploys, and whether you want bridge, term, or bridge that rolls into term.

Get a quote

Tell us the size, the asset, the location, and the timing. We'll quote within 48 hours.

Five questions, no data room, no credit pull. $25M to $2B, one counterparty from supplier deposit through term.