Ready Capital Corporation

Ready Capital Corporation operates as a real estate finance company in the United States. The company originates acquires finances and services small to medium balance commercial (SBC) loans small business administration (SBA) loans residential mortgage loans construction loans and mortgage-backed securities collateralized primarily by SBC loans or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment originates SBC loans across the full life-cycle of an SBC property including construction bridge stabilized and agency channels. The Small Business Lending segment acquires originates and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment originates residential mortgage loans. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York New York.