Ready Capital Corporation Surpasses $1 Billion in SBA Loans
Now Second-Largest Non-Bank Lender in US
NEW YORK, Oct. 14, 2021 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced that the Company has surpassed $1 billion in SBA 7(a) Loans since it began issuing these loans under this government sponsored program. Ready Capital has grown to become the second-largest non-bank SBA lender in the United States.
Year-to-date (through September 30, 2021) highlights include:
"We are proud to hit these milestones and have our focus firmly on becoming the largest non-bank lender within the next three years," said John Moshier, President of Ready Capital's Small Business Lending division. "These results underscore our commitment to the small business community, which we aim to highlight through our sponsorship of Military Makeover and SBA Roadshow, communications channels that show SBA lending at its best."
About Ready Capital Corporation
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Company Codes: NYSE:RC
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