Small Business
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) and 504 loan programs, 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:
Small Business
Offices of Podiatrists
25 Year Term
Lewisville, TX
Small Business
Tire Dealers
25 Year Term
Reno, NV
Small Business
Hotels (except Casino Hotels) and Motels
25 Year Term
Salem, OR
Small Business
Golf Courses and Country Clubs
25 Year Term
Franklin, TN
Small Business
Snack and Nonalcoholic Beverage Bars
10 Year Term
Baton Rouge, LA
Small Business
Gasoline Stations with Convenience Stores
25 Year Term
East Dundee, IL
Small Business
Hotels (except Casino Hotels) and Motels
25 Year Term
Shreveport, LA
Small Business
Hotels (except Casino Hotels) and Motels
25 Year Term
Shreveport, LA
Small Business
Commercial Printing
10 Year Term
Fountain Valley, CA
Small Business
Elementary and Secondary Schools
25 Year Term
Carlsbad, CA
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.”
Small Business
Store Retailers
10 Year Term
Salt Lake City, UT
Small Business
Tire and Tube Merchant Wholesalers
10 Year Term
Colorado Springs, CO
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.”
Small Business
Funeral Homes and Funeral Services
25 Year Term
Tracy, CA
Small Business
Full-Service Restaurants
25 Year Term
Santa Ana, CA
Small Business
Used Car Dealers
10 Year Term
Plano, TX
Small Business
All Other Automotive Repair and Maintenance
25 Year Term
Bay City , TX
Small Business
Full-Service Restaurants
25 Year Term
Santa Ana, CA
Small Business
Offices of Chiropractors
25 Year Term
La Habra , CA
Small Business
Fitness and Recreational Sports Centers
10 Year Term
Fort Collins, CO
Small Business
Offices of Therapists and Audiologists
25 Year Term
Douglaston, NY
Ready Capital provides competitive programs to meet a wide range of borrower needs. Contact one of our loan professionals for more information.
| Use of Proceeds |
Purchase: real estate, equipment, leaseholds Refinance: real estate, equipment, debt consolidation Business Acquisition: purchase existing business, partner buyout Start Up Business: franchise, professional, expansion |
| Loan Size | $350,000-$5,000,000 |
| Equity Injection Requirements | 0% to 20% |
| Loan Term | Up to 25 years fully amortized |
| Debt Service Coverage | 1.15x to 1.30x depending on use of proceeds & industry |
| Advance Rate | Up to 100% financing depending on use of proceeds & industry |
| Prepayment |
Real Estate: 3 year (5%, 3%, 1%) Non-Real Estate: none |
| Features of All Loan Types |
Closing cost may be financed Equity may include seller note or gifted funds Working capital may be included Competitive interest rates |
- Vice President, Business Development Officer
- bill.luckinbill@readycapital.com
Bill brings over 24 years of comprehensive lending experience and in the government-guaranteed arena. He works closely with the SBA to develop Ready Capital’s outreach program to veteran small business owners and entrepreneurs in communities across the country. Prior to joining Ready Capital, Bill served as Vice President for Titan Bank in Arizona. He has deep experience and knowledge in SBA and USDA lending programs, having worked in business development, underwriting and management roles for The Money Store Investment Corp., Transamerica Small Business Lending, Compass Bank and Mountain America Credit Union. Bill received his bachelor’s degree from the University of Illinois-Chicago and his MBA from Keller Graduate School of Management in Chicago. Originally from the Midwest, he has lived and worked in Arizona for more than 17 years.
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Small Business
Small Business
Snack and Nonalcoholic Beverage Bars
10 Year Term
Baton Rouge, LA
Small Business
Bar
10 Year Term
Wichita Falls, TX
Small Business
Limited-Service Restaurants
10 Year Term
San Antonio, TX
Small Business
Personal Care Services
10 Year Term
Glendale, AZ
Small Business
Limited-Service Restaurants
10 Year Term
Chicago, IL
Small Business
Limited-Service Restaurants
10 Year Term
Bethesda, MD
Small Business
Limited-Service Restaurants
10 Year Term
Cedar Park, TX
- 2019
- 2018
- 2017
- 2016
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.
Connect with us and request a quote to see what product best fits your needs. A product representative will be in touch with you shortly.