Small Business

OVERVIEW

Ready Capital, through its subsidiary Readycap Lending, LLC, is an approved non-bank, U.S. Small Business Administration (SBA) Preferred Lender that provides financing under the SBA 7(a) program, offering secured and unsecured financing nationwide to small business owners.

We provide loans from $350,000 to $5 million, with a track record of successfully navigating the SBA loan process and delivering competitive lending solutions for growing businesses.

We offer entrepreneurs, professionals and business owners the ability to take advantage of flexible terms and competitive loan rates to fund a range of business needs – from start-ups to business acquisitions, real estate, equipment, working capital and more.

Our SBA 7(a) small business loans offer longer terms, lower down payments and more flexibility than other types of business financing, to improve cash flow as you expand or start your business.

Check out our most recent transactions & client testimonials:

$1,975,000
Real Estate Purchase
Small Business
Offices of Podiatrists
25 Year Term
Lewisville, TX
$1,750,000
Real Estate Purchase
Small Business
Tire Dealers
25 Year Term
Reno, NV
$4,080,000
Real Estate Purchase
Small Business
Hotels (except Casino Hotels) and Motels
25 Year Term
Salem, OR
$3,465,000
Business Acquisition
Small Business
Golf Courses and Country Clubs
25 Year Term
Franklin, TN
$425,000
Take- Out Construction
Small Business
Snack and Nonalcoholic Beverage Bars
10 Year Term
Baton Rouge, LA
$1,155,000
Refinance
Small Business
Gasoline Stations with Convenience Stores
25 Year Term
East Dundee, IL
$420,000
Building Improvements
Small Business
Hotels (except Casino Hotels) and Motels
25 Year Term
Shreveport, LA
$4,015,000
Real Estate Purchase
Small Business
Hotels (except Casino Hotels) and Motels
25 Year Term
Shreveport, LA
$350,000
Equipment Purchase
Small Business
Commercial Printing
10 Year Term
Fountain Valley, CA
$900,000
Refinance
Small Business
Elementary and Secondary Schools
25 Year Term
Carlsbad, CA
image
$4,510,000
Real Estate Purchase
Small Business
Flagged Hotel
25 Year Term
Ontario, OR

“I found the process to be extremely efficient and smooth. Every contact I dealt with at each new stage of the process was highly professional, experienced, quick and informative in their responses, and gracious in their guidance. Our dream of becoming arts entrepreneurs would not have come to fruition this soon without the tremendous efforts of everyone at Ready Capital. We are endlessly grateful.”

- Ian
$585,000
Business Acquisition
Small Business
Store Retailers
10 Year Term
Salt Lake City, UT
$733,000
Working Capital
Small Business
Tire and Tube Merchant Wholesalers
10 Year Term
Colorado Springs, CO
$1,150,000
Take-out Construction
Small Business
Caterers
10 Year Term
Torrance, CA

“Making a decision to expand my business was a difficult decision. Identifying a lender to provide funding was easy. Ready Capital’s team had the necessary experience and expertise needed to complete my loan process in a timely and professional manner. From the initial phone call through fund distribution, their team was active in ensuring the process was fully explained and understood.”

- Greg
$393,000
Real Estate Purchase
Small Business
Offices of Therapists and Audiologists
25 Year Term
Bakersfield, CA
$1,326,000
Business Acquisition
Small Business
Couriers and Express Delivery Services
10 Year Term
Larue, TX
$830,000
830000
Small Business
Veterinary Services
25 Year Term
Yelm, WA
$2,987,000
Refinance
Small Business
New Car Dealers
25 Year Term
Howard Beach, NY
$2,826,000
Real Estate Purchase
Small Business
Supermarkets and Other Grocery
25 Year Term
cascade Locks, OR
$3,229,000
Real Estate Purchase
Small Business
Gasoline Stations with Convenience Stores
25 Year Term
Oroville, CA
$901,000
Real Estate Purchase
Small Business
Other Heavy and Civil Engineering Construction
Year Term
South San Francisco, CA
$1,625,000
Real Estate Purchase
Small Business
Child Day Care Services
25 Year Term
Lewisville, TX
CRITERIA

PRODUCT OVERVIEW

  • Closing costs may be financed
  • Equity injection may include seller note or gift funds
  • Working capital may be included
  • Story driven underwriting
  • Low down payment
  • Longer terms
  • More flexibility
  • Fixed rate available for those who qualify
Dana Malley
Stony Point, NY

Dana Malley has spent most of his career providing financing solutions for thousands of business owners who approached him with their dreams of business ownership.  His career spans more than three decades, during which he has worked with several major lending institutions, such as Key Bank, & Harvest SBF. Early in his career, he owned and operated a real estate franchise. More than thirty years ago, Dana’s began his foray into mortgage financing as a residential mortgage broker, but quickly veered toward the commercial venue where he became an expert at equipment financing, commercial real estate financing and SBA.  Government-guaranteed financing requires a comprehensive understanding of the various and popular Small Business Administration programs. Additionally, during his diversified career, he has served on the board of directors of a New Jersey Certified Development Company plus several local community boards and nonprofit organizations. Few others can claim what Dana organically understands insofar as how to profitably manage and own a business and the complicated financing needed for that purpose.

Specialties:
  • Small Business
NEWS
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
Ready Capital National Bridge Team Close An Approximately $17.0 Million Bridge Loan - 10/01/2020
NEW YORK, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Ready Capital’s National Bridge Lending Team announces the closing of an acquisition, renovation, and lease-up loan for a $16.9 MM value-add bridge loan in Memphis, TN. In September, Ready Capital closed the financing for the acquisition, renovation, and l ...
Ready Capital Delivers and Closes Approximately $150 Million Freddie Mac SBL Loans in 17 States a... - 04/22/2020
NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) -- Ready Capital announces the delivery and closing of Freddie Mac SBL loans for approximately $150 million in 17 states and Washington, DC, between January and March 2020. Ready Capital commenced the second quarter pre- Covid-19 with a strong pipeline of $2 ...
Ready Capital Corporation Reaches $2 Billion In SBA Loan Approvals Through The Paycheck Protectio... - 04/15/2020
NEW YORK, April 15, 2020 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) announced today that the Company's national Small Business Administration (SBA) lender, ReadyCap Lending, LLC, has obtained SBA approvals to fund in excess of $2 billion loans through the U.S. Small Business Administration ...
Ready Capital National Bridge Team Closes Over $375 Million in 17 States - 02/07/2020
NEW YORK, Feb. 07, 2020 (GLOBE NEWSWIRE) -- Ready Capital’s National Bridge Originations Team announces the closing of acquisition, refinance, renovation and redevelopment loans for over $375 million in 17 states between September 2019 and December 2019. September 2019 The Phoenix, AZ, loan provided ...
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CAREERS

Interested in working with one of the fastest growing commercial mortgage REIT’s in the industry?

Ready Capital is always looking to add experienced and driven professionals to expand and grow with our company. We are continually searching for experienced professionals within the industry by offering a work environment thriving on collaboration and a corporate culture of employees who are passionate and excited about what they do.

Find out what job positions are open in your area.

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