ABOUT

ESG

At Ready Capital, we consider the impact our activities have on local communities in which we operate and on the global community.

As a result, we embrace the challenge of contributing to a better world through the lens of environmental, social and governance factors.

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Military Makeover with John Moshier

In March 2023, John Moshier and other employees at Ready Capital presented a special home makeover gift to a U.S. veteran with Parkinson's disease.

ESG @ Ready Capital

Positive Corporate Impact

Environmental

We obtain and review environmental assessments and other property metrics in conjunction with underwriting of commercial real estate secured loans.

Ready Capital has provided capital to manufacturers of solar panels through investment in Commercial Property Assessed Clean Energy (C-PACE) financing.

By implementing digital document management processes to replace paper, Ready Capital has reduced our carbon emissions and landfill waste while also minimizing our consumption of forest and water resources.

Social

Facilitated $4.6 billion of Low-Income Housing Tax Credit financing for 63,000 apartment units in affordable and mixed income rental properties.

Originated over 1,000 agency small balance multifamily loans ($2.4 billion) since 2015.

Provided $1.0 billion of financing to assist more than 1,000 small businesses including those owned by veterans (6%), and minorities or women (45%) under the SBA 7(a) guaranteed loan program.

Supported military veterans and families as a sponsor of Military Makeover television show airing on Lifetime and Armed Forces Network. In addition, Ready Capital offers preferred pricing to veteran business owners.

Provided over $5.0 billion of PPP loans, (mostly under $25,000) to small businesses disproportionately comprised of minority/women-owned small businesses.

Governance

Minorities and women comprise one-third of the Ready Capital Board of Directors.

Executive compensation, established by the Board of Directors, includes long-term performance objectives as gauged by specific metrics.

Waterfall Asset Management - Signatory of Principles for Responsible Investment

Principles for Responsible Investment (PRI)

Ready Capital’s external manager, Waterfall Asset Management LLC, became a signatory to the United Nations-supported Principles for Responsible Investment (PRI) in 2022.