Ready Capital is the real estate origination division of Sutherland Asset Management Corporation (Sutherland), a full-service real estate finance company managed by Waterfall Asset Management, that originates, manages, services and finances primarily commercial loans nationwide. Ready Capital is a direct lender and provides comprehensive financing solutions NATIONWIDE to real estate owners, investors and small business owners, which generally range in original principal amount of between $500,000 and $25 million. Real estate financing solutions comprise of bridge through stabilized real estate financing customized to a client’s goals.
Ready Capital Structured Finance (RCS) group provides short-term, non-recourse, secured debt financing nationwide on transitional, value-add and event-driven commercial and multifamily real estate. Loan amounts will be up to $25 million, larger on a case-by-case basis, to middle-market and institutional commercial real estate sponsors. RCS will also have the ability to provide subordinate debt financing solutions to its clients.
ReadyCap Commercial (RCC) group provides long term, secured debt financing nationwide on stabilized small-balance commercial real estate ranging from $750,000 to $10,000,000. RCC offers an outstanding array of innovative lending products for today's commercial real estate investors and owners. RCC sets itself apart with a common-sense approach, solution-oriented underwriting and rapid credit decisions, processing and closings. RCC is also an approved Freddie Mac SBL Seller/Servicer, offering multifamily loans from $1 million to $5 million nationwide.
ReadyCap Lending (RCL) group provides secured and unsecured debt financing nationwide to small business owners. RCL is an approved non-bank, U.S. Small Business Administration (‘‘SBA’’) lender that provides debt financing under the SBA 7(a) and 504 loan program(s).