NEW PROVIDENCE, NJ – Aug. 8, 2016 – Ready Cap Lending, a nationally recognized SBA Preferred Lender and subsidiary of ReadyCap Commercial, LLC, today announced the addition of David Matrisciano and JP Swift as the lender’s new business development officers to head up SBA 7(a) finance in the New York/New Jersey metro area and Orange County, California, respectfully. The new hire additions come shortly after two big announcements earlier this year; Mark Gibson’s joining the small balance lender as the National Sales Manager and the launch of an Affinity Partner Program in June. The expansion only adds to the momentum of the nonbank lender that continues to dominate the market and in turn, attract high-quality talent.
“David and JP are two of the leading producers in the business,” John Moshier, president of ReadyCap said. “We could not get them on board soon enough so that we can serve more small business borrowers in sought after markets and expand our national presence in the industry.”
David Matrisciano, BDO (NY/NJ Metro). Matrisciano comes to ReadyCap Lending with over 35 years of comprehensive lending experience in commercial real estate lending and SBA financing. Prior to joining ReadyCap Lending, Matrisciano served as Vice President for the SBA Division of Financial Resources Federal Credit Union and contributed to the company’s success, receiving the honors of SBA Lender of the Year Award in 2013, 2014 and 2015. He has extensive experience and knowledge in financial products and lending, and worked in business development and management roles for TD Bank, GE Capital, Union Center National Bank, City Federal Savings Bank and The Federal Deposit Insurance Corporation. Matrisciano received his degree in Political Science from CCM. He has credit training from GE Capital and American Institute of Banking, and is Six Sigma Green Belt Certified from GE.
JP Swift, BDO (Orange County, CA). Equally as impressive , Swift comes to ReadyCap Lending with over 25 years of commercial real estate finance experience. Prior to joining ReadyCap Lending, Swift served as Vice President / SBA Business Development Officer at US Bank and consistently ranked among top loan producers nationally for the third largest SBA lender.
Swift also received company’s Pinnacle Award for both 2014 and 2015. He previously was a Senior Vice President at Commerce National Bank, tasked with launching the SBA department, successfully growing it $35 million in production. Swift received his degree in Finance from Florida State University. He additionally completed a Management Associate Program at Barnett Bank (acquired by Bank of America), a two year training program that along with other aspects of the banking industry, focused on analyzing various business and industries to determine creditworthiness.
ReadyCap is hiring sales support for the growing team. To view open positions, visit: http://bit.ly/23oMdpX
About ReadyCap Lending
ReadyCap Lending, LLC, is a licensed small-business lending company offering SBA 7(a) loans up to $5 million to small businesses throughout the United States. Based in New Providence, NJ, ReadyCap Lending is a subsidiary of ReadyCap Commercial, LLC, a wholly owned indirect subsidiary of Sutherland Partners, L.P., the general partner of which is Sutherland Asset Management Corporation (“Sutherland”). Sutherland, which is organized as a real estate investment trust, acquires, originates, manages and finances commercial real estate loans, and to a lesser extent, asset-backed securities where the underlying pool of assets consists primarily of commercial real estate loans and other real estate-related investments. ReadyCap Lending is an SBA Preferred Lender, and has a dedicated Veteran Community Development program for military veterans.