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Radford · Merchant Bank for the AI Buildout
How It Works

On your schedule — not a credit committee's.

Three products, one counterparty. We pay your OEM up front, you deploy, and your long-term lender takes us out on schedule. One set of paperwork from purchase order to power-on.

Three Products — One Counterparty
I.The Four Steps

Your exit is locked before we fund.

01
Your exit is locked

Your long-term lender commits in writing to take the deal out, before we put in a dollar.

02
We fund the hardware

Senior-secured, non-recourse. Deposit finance can go in first if you need it.

03
Deploy & light up

Equipment installs at the approved data center, and your customer signs off.

04
Your lender takes over

Your long-term lender repays us, and you're set up for the next deal. You never refinance — you simply repay.

— You never refinance — you simply repay.

II.Your Deal, Your Dials

You get terms that fit the deal you actually have.

Your deal, your dials. Five things move your terms — how solid your exit is, your collateral, where the deal sits, your customer contracts, and any company guarantee.

III.The Bridge — From Purchase Order to Power-On

We fund your GPUs from purchase order to power-on.

Senior-secured against the hardware. Non-recourse to your company. Your long-term lender is lined up before we fund — yours, if you have one, or one of ours.

One deal at a time

Built around a specific deal and its long-term lender.

A single facility. One set of paperwork with you, your OEM, and the long-term lender. Sized to the exit. 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 increases as you build a track record. Built for operators running repeat deployments.

Typical Parameters
Deal size
$20M – $200M
Tenor
30 – 120 days
Structure
Senior-secured against the hardware
Collateral
The GPUs plus your customer contracts
Recourse
Non-recourse to your company
Long-term lender
Lined up before we fund — yours or one of ours
How you take it
One deal at a time, or a standing line that funds same-day

— Your deal, your dials. Your terms reflect the deal you actually have.

IV.Federal Funding

Government-backed terms private lenders can't match.

For deals that qualify, U.S. government programs offer longer to repay and are easier to qualify for than private credit. We have relationships built at Treasury level across two administrations. A bonus when a deal qualifies — never something you must have.

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 to repay, and easier to qualify for, 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. We map that out in the first conversation, at no cost and under NDA.

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, your long-term lender repays us, and the hand-off is automatic. Your company is never on the hook.

Tell us about the deals you have coming

Tell us about the deals you have coming.

Within one business day — at no cost and under NDA — we'll tell you where federal programs fit, how your facility would be built, and the terms to expect.

origination@radfordcredit.com →