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Ready Capital Corporation  (NYSE: RC)
Other Ticker:  
 
 
Price: $5.0100 $-0.05 -0.988%
Day's High: $5.1 Week Perf: -2.34 %
Day's Low: $ 4.98 30 Day Perf: -23.63 %
Volume (M): 2,492 52 Wk High: $ 9.53
Volume (M$): $ 12,487 52 Wk Avg: $7.77
Open: $5.04 52 Wk Low: $4.74



 Market Capitalization (Millions $) 849
 Shares Outstanding (Millions) 170
 Employees 145
 Revenues (TTM) (Millions $) 61
 Net Income (TTM) (Millions $) -105
 Cash Flow (TTM) (Millions $) -80
 Capital Exp. (TTM) (Millions $) 1

Ready Capital Corporation
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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
STWD   -2.11%    
TPTA   -2.11%    
FA        0.31% 
• View Complete Report
   



Merger and Acquisition

UDF IV and Ready Capital: A Promising Merger in Challenging Times,

Published Tue, Mar 4 2025 7:01 PM UTC

UDF IV Merger Approval: A Strategic Move Amidst Market ChallengesOn March 4, 2025, United Development Funding IV (UDF IV) shareholders made a significant decision during a special meeting, ultimately approving the merger with Ready Capital Corporation (NYSE: RC), a financial services powerhouse catering to the small business sector. This notable agreement highlights a strat...

Shares

Ready Capital Corporation?s $220 Million Notes Placement: A Strategic Maneuver Amid Stock Market Volatility,

Published Mon, Feb 24 2025 9:33 PM UTC

Ready Capital Corporation Secures $220 Million in Senior Secured Notes Amidst Market TrialsIn a move set to bolster its capital structure, Ready Capital Corporation (NYSE: RC) has successfully closed a private placement of $220 million in aggregate principal amount of its 9.375% Senior Secured Notes due in 2028. This announcement, made on February 24, 2025, marks a significa...

Dividend

Ready Capital?s Q4 Dividend Declaration Sparks Hopes Amidst Stock Market Challenges,

Published Fri, Dec 13 2024 9:15 PM UTC

Summary of Key Facts:- Dividend Declaration: Ready Capital Corporation s Board of Directors has declared a quarterly cash dividend of $0.25 per share for the fourth quarter of 2024.- Record Date: Shareholders must hold their positions by the close of business on December 31, 2024, to qualify for this payout.- Payment Date: The dividend will be paid on January 31, 2025.- Stoc...

Stock Market Announcement

Ready Capital Corporation Secures $130 Million Public Offering: What This Means for Shareholders

Published Tue, Dec 10 2024 10:45 PM UTC

Ready Capital Corporation (NYSE: RC) has just announced a significant financial milestone with the closure of an underwritten public offering of senior notes due in 2029. This move reflects the company s strategic efforts to bolster its investment capabilities, and it comes at a crucial time for both the organization and its shareholders. Key Facts from the Press Release:1. ...

Shares

Ready Capital Corporation Announces Public Offering of $500 Million Senior Unsecured Notes Amidst Expanding Investment Platforms

Published Tue, Dec 3 2024 1:56 PM UTC

Ready Capital Corporation Announces Public Offering to Boost Investment Portfolio and Launch New Land Development Solutions Amid Industry GrowthNew York, December 3, 2024Ready Capital Corporation (NYSE: RC), a leading real estate finance company specializing in acquiring, managing, and financing small to mid-sized balance commercial loans, announced today the launch of an un...







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