Small Business

OVERVIEW
  • Ready Capital, through its subsidiary ReadyCap Lending, LLC, is an approved non-bank, U.S. Small Business Administration (SBA) Preferred Lender
  • Offers secured and unsecured financing nationwide to small business owners
  • Provide loans from $350,000 to $5 million
  • Flexible terms and competitive loan rates to fund a range of business needs
  • 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
  • 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
The SBA Roadshow: Season Two with Dustin Baker

Ready Capital is the proud sponsor of The SBA Roadshow: Season Two, a YouTube series into America’s heartland — with stories of resilience, determination, and persistence from entrepreneurs that drive the U.S. economy.

 

Learn more about the SBA Roadshow.

May 4th, 2021 UPDATE: The SBA is no longer accepting applications for round 2 PPP loans. Please stay tuned for more updates, and until further confirmation of what funds remain, we are no longer accepting applications.

Ready Capital is still committed to helping small businesses like yours get access to these much needed funds. For status updates on already existing applications or to upload supporting documentation please login HERE.

Click HERE for information on PPP loan forgiveness.

Ready Capital will continue to provide communication with all of our partners and work to minimize any negative impact that COVID-19 may have on your businesses. Thank you for your support and cooperation. We are certain that our shared values will help us get through these uncertain times.

INDUSTRIES

Ready Capital is a national direct lender that specializes in providing financing solutions to a wide range of industries. Our team of specialists understands the value of your business as well as the people who operate the practice and the communities that they serve.

Loan Programs:

  • Owner Occupied Real Estate
  • Business and Partner Buyouts
  • Real Estate Loans
  • Renovations & Expansions
  • Working Capital
  • Practice Acquisitions
  • Debt Consolidation
  • Construction
  • Equipment

Loan Terms:

  • Creative Financing Structures
  • Up to 25 Year Loans
  • Competitive Interest Rates
  • Flexible Payment Structures
medical

MEDICAL

dental

DENTAL

logistics

LOGISTICS

self-storage

SELF
STORAGE

funeral-homes

FUNERAL
HOMES

insurance-agencies

INSURANCE
AGENCIES

legal-accounting

LEGAL
ACCOUNTING

warehouse

WAREHOUSE

assisted-living

ASSISTED
LIVING

hospitality

HOSPITALITY

childcare

CHILDCARE

liquor-stores

LIQUOR
STORES

pharmacy

PHARMACY

veterinary

VETERINARY

convenience-store-gas-station

CONVENIENCE
STORE /GAS STATION

Michael Johnston
Irving, TX

Michael brings over 25 years of commercial lending and SBA experience dealing with a variety of industries. He joined Practice Pathways, a professional division of Zions Bank in March of 2015. In his role as Vice President and Business Development Officer, Mr. Johnston was responsible for sourcing loans for Dental, Veterinary, and Optometry industries. Prior to that, Mr. Johnston operated primarily as a SBA Business Development Officer including a six year stint at Capital Source Bank/Mainstreet Lender where he was a consistent top producer. Mr. Johnston has held positions as a credit underwriter specializing in Real Estate and Asset Based Lending, a credit underwriter specializing in SBA Lending, Special Assets Officer, and Business Development Officer. Michael graduated with his MBA from the University of Arkansas and his BBA in Finance from University of Central Arkansas.

Specialties:
  • Small Business
See most recent transactions & client testimonials:
$700,000
Real Estate Purchase
Small Business
All Other Automotive Repair and Maintenance
25 Year Term
Bay City , TX
$350,000
Partner Buyout
Small Business
Used Car Dealers
10 Year Term
Plano, TX
$1,975,000
Real Estate Purchase
Small Business
Offices of Podiatrists
25 Year Term
Lewisville, TX
$1,155,000
Refinance
Small Business
Gasoline Stations with Convenience Stores
25 Year Term
East Dundee, IL
$636,600
Partner Buyout
Small Business
Hotels (except Casino Hotels) and Motels
25 years Year Term
Manitowoc, WI
$1,250,000
Business Acquisition
Small Business
Freight Transportation Arrangement
10 Year Term
San Jose, CA
$880,000
Building Improvements
Small Business
Limited-Service Restaurants
25 Year Term
Tuxedo, NY
$1,000,000
Refinance
Small Business
Used Car Dealers
25 Year Term
Plano, TX
$1,609,000
Real Estate Purchase
Small Business
Child Day Care Services
25 Year Term
Stone Mountain, GA
$519,000
Business Acquisition
Small Business
Child Day Care Services
25 Year Term
Belleview, FL
$1,235,000
Real Estate Purchase
Small Business
Child Day Care Services
25 years Year Term
Euless, TX
$480,000
Business Acquisition
Small Business
Private Mail Centers
10 years Year Term
South Jordan, UT
$930,000
bus
Small Business
Couriers and Express Delivery Services
10 Year Term
Sandy, UT
$2,900,000
Real Estate Purchase
Small Business
Hotels (except Casino Hotels) and Motels
25 Year Term
Martinsville, IN
$600,000
Real Estate Purchase
Small Business
Dentists' Office
25 Year Term
Provo, UT
$500,000
Business Acquisition
Small Business
Couriers and Express Delivery Services
12 Year Term
Dublin, GA
$700,000
Real Estate Purchase
Small Business
Child Day Care Services
25 Year Term
Groveland, FL
$1,676,000
Refinance
Small Business
Consumer Electronics and Appliances Rental
25 Year Term
Littleton, CO
$1,675,000
Real Estate Purchase
Small Business
Consumer Electronics and Appliances Rental
25 Year Term
Austin, TX
$1,625,000
Real Estate Purchase
Small Business
Child Day Care Services
25 Year Term
Lewisville, TX
$800,000
Business Acquisition
Small Business
Couriers and Express Delivery Services
10 Year Term
Thornton, CO
$1,683,000
Business Acquisition
Small Business
Insurance Agency
10 Year Term
Glen Burnie, MD
$2,461,000
Business Acquisition
Small Business
Insurance Agency
10 Year Term
Las Vegas, NV
$1,585,000
Real Estate Purchase
Small Business
Child Day Care Services
25 Year Term
Mansfield, TX
$535,800
Business Acquisition
Small Business
Residential Remodelers
10 Year Term
Thornton, CO
Military Makeover Series

Ready Capital is a proud partner with the Military Makeover Series. Every quarter we will be sponsoring a veteran in the makeover of their homes. We proudly support Veterans and those who own small businesses by offering incentives for Veteran-owned businesses.

Our episode with the Daniels Family will be airing this June 18th and 24th on Lifetime TV at 7:30 AM EST / PST.

Check out our episode with the Tabora Family: Military Makeover Promo – Tabora Family

RECENT TRANSACTIONS
Fitness and Recreational Sports Centers
Take- Out Construction
$1,450,000
10 Year Term
Fort Collins, CO
Full-Service Restaurants
Real Estate Purchase
$2,375,000
25 Year Term
Santa Ana, CA
Food Manufacturing
construction
$1,800,000
25 Year Term
Kenosha, WI
Couriers and Express Delivery Services
Real Estate Purchase
$1,713,000
25 Year Term
San Marino, CA
Couriers and Express Delivery Services
Business Acquisition
$1,346,000
10 Year Term
Lone Tree, CO
Freight Transportation Arrangement
Business Acquisition
$992,000
10 Year Term
Henderson, NV
APPLY FOR A LOAN

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.

    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.