R
Radford · Merchant Bank for the AI Buildout
How It Works

Quote in 48 hours. Close in two to eight weeks.

One counterparty from supplier deposit through term. $25M to $2B, up to 80% LTV, non-recourse to your company. One set of paperwork the whole way.

Get a quote →

$25M to $2B · One counterparty from supplier deposit through term · One set of paperwork

Deposit → Bridge → Term. Plus Federal Finance.
I.The Four Steps

From first email to money on the wire.

01
Quote — 48 hours

Send the size, the asset, and the timing. We come back with indicative pricing and structure, or a straight no.

02
Diligence

Hardware, offtake, site, and jurisdiction. One diligence pack that carries across deposit, bridge, and term.

03
Close — 2 to 8 weeks

Documents signed, first lien perfected, insurance assigned. Deposit and bridge fund from the same paperwork.

04
Draw, deploy, term out

We wire the OEM, the hardware installs, and the facility converts into Radford term debt on pre-agreed pricing.

— You never have to go shopping for a takeout. We are it.

II.What Moves Your Rate

Terms that fit the deal you actually have.

Term debt starts at competitive rates. Where your deal lands between comes down to five things: the quality of your offtake, your chipset generation, your advance rate, the jurisdiction, and the tenor you want.

Nothing else moves the number. No relationship pricing, no committee theatre.

III.Deposit → Bridge → Term

We fund the deposit, the build, and the years that follow.

Up to 70% of your supplier deposit goes straight to the OEM. The bridge covers 120 days from purchase order to power-on. Once the cluster is live and contracted, the facility converts into term debt on pricing agreed at the start.

One deal at a time

Built around a specific deployment.

A single facility. One set of paperwork with you and your OEM, sized to the asset and the contracts behind it. Best for one-off orders.

A standing line

Terms agreed up front. Same-day draw.

Set up once. Every approved deal draws same-day against terms agreed up front, and you only pay when you draw. The line grows as you build a track record.

Typical Parameters
Deal size
$25M – $2B+
Pricing
From ~9%. Most deals price 9–14%.
Advance rate
Up to 80% LTV on the hardware
Term tenor
36 – 48 months, amortizing
Bridge tenor
30 – 120 days
Security
First lien on the hardware plus contracted offtake
Recourse
Non-recourse to your operating company
Covenants
Structured per deal
Delivery
One deal at a time, or a standing line that funds same-day

— Indicative parameters. Confirmed at term sheet.

IV.Federal Advisory

Government-backed pricing private lenders can't match.

For deals from $50M to $2B, with an export nexus, U.S. government programs typically save 200 to 400 basis points a year and add 60 months or more of tenor. We originate and structure those transactions directly, with relationships built at Treasury level across two administrations.

EXIM

U.S. capacity with an export component

  • Underwriting based on customer contracts and projected revenue
  • 25% export threshold — compute counts as a U.S. export
  • Longer tenor and easier qualification than private credit
DFC

AI infrastructure in emerging markets

  • Authority expanded to $205B under the FY26 NDAA
  • Equity, debt, political risk insurance, and guarantees
  • Strategic competition with non-allied financing
Department of Energy

Power-paired infrastructure in the U.S.

  • $250B authority through September 2028
  • Generation and grid reliability tied to AI campuses
  • Loan guarantees and direct loans

— Whether a deal qualifies depends on where the hardware ships, who pays for it, and who's using it. Check your readiness with our complimentary assessment.

V.How the paperwork flows

Money to your OEM. Hardware to you.

We sign one set of paperwork with you and your OEM. Capital wires straight to the OEM against shipment confirmation. The hardware ships with our security interest attached. Insurance is assigned to us as lender of record.

On install and customer sign-off, the facility either converts to Radford term debt or — if you already have a term lender you prefer — hands off to them. Your operating company is never on the hook.

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.