| Market Capitalization (Millions $) |
306 |
| Shares
Outstanding (Millions) |
173 |
| Employees |
400 |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
-370 |
| Cash Flow (TTM) (Millions $) |
19 |
| Capital Exp. (TTM) (Millions $) |
3 |
Business Description
Ready Capital Corporation is a leading finance company that provides flexible and efficient financing solutions to small and mid-sized businesses across a wide range of industries. The company was founded in 2010 and is headquartered in New York City, with additional offices across the United States.
Ready Capital offers a variety of lending products such as SBA loans, commercial real estate loans, bridge loans, and asset-based lending. One of their most popular products is the SBA 7(a) loan, which provides small businesses with up to $5 million in financing for working capital, real estate purchases, and more. Their commercial real estate loans range from $1 million to $25 million and can be used for acquisitions, refinancing, and construction financing.
The company's bridge loan program offers short-term financing for businesses that need to close quickly or don't qualify for traditional bank loans. Ready Capital also has a specialty finance group that provides funding for industries such as healthcare, technology, and hospitality.
In addition to their various lending products, Ready Capital offers a suite of value-added services such as loan servicing, underwriting, and asset management. They also have a proprietary technology platform that streamlines the application and funding process, allowing for quick turnaround times and efficient communication between borrowers and lenders.
Ready Capital has a strong track record of success, having originated over $1 billion in loans since their inception. They have a team of experienced professionals who understand the needs of small and mid-sized businesses and are dedicated to providing personalized and innovative financing solutions.
Overall, Ready Capital Corporation is a well-respected and trusted finance company that plays a critical role in helping businesses access the capital they need to grow and thrive.
Company Address: 1251 Avenue of the Americas New York 10020 NY
Company Phone Number: 257-4600 Stock Exchange / Ticker: NYSE RC
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3.69%