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
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$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
$840,000
Real Estate Purchase
Small Business
Child Day Care Services
25 Year Term
Highland Heights, OH
$3,919,000
Construction
Small Business
Full-Service Restaurants
10 Year Term
Long Beach, CA
$4,070,000
Real Estate Purchase
Small Business
Gasoline Stations with Convenience Stores
25 Year Term
Bremerton, WA
$930,000
Refinance
Small Business
Full-Service Restaurants
10 Year Term
Frisco, TX
$3,919,000
Construction
Small Business
Full-Service Restaurants
10 Year Term
Long Beach, CA
$1,224,000
Real Estate Purchase
Small Business
Funeral Homes and Funeral Services
25 Year Term
Marion, KS
$2,686,000
Real Estate Purchase
Small Business
Funeral Homes and Funeral Services
10 Year Term
Marion, KS
$1,408,000
Refinance
Small Business
Logging Harvester
10 Year Term
Kamiah, ID
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
Dan Bywater
Upper Arlington, OH

Dan brings over 15 years of SBA 7a and 504 lending experience. During his SBA career he has worked as a Senior SBA Underwriter for Zions Bank’s National Real Estate Group, Bank of the West, and United Midwest Savings Bank (UMSB). During his time at Bank of the West and UMSB he transitioned into a Business Development Officer (BDO) position. As a BDO he was able to integrate his skills as an underwriter into providing quick and accurate evaluation processes for his clients. While at UMSB, he helped develop and grow a specialized lending platform that served the medical professionals and funeral home industries. In 2015, Dan, along with key members from the UMSB team, established a ground up SBA department at Delaware County Bank. Dan has drawn from these experiences allowing him to provide an exceptional experience for his referral partners and borrowers. Dan graduated from with a B.S. in Business Administration from the University of Utah.

Specialties:
  • Small Business
See most recent transactions & client testimonials:
$1,224,000
Real Estate Purchase
Small Business
Funeral Homes and Funeral Services
25 Year Term
Marion, KS
$2,686,000
Real Estate Purchase
Small Business
Funeral Homes and Funeral Services
10 Year Term
Marion, KS
$1,125,000
Real Estate Purchase
Small Business
Offices of Chiropractors
25 Year Term
La Habra , CA
$800,000
Real Estate Purchase
Small Business
Funeral Homes and Funeral Services
25 Year Term
Tracy, CA
$3,485,100
Real Estate Purchase
Small Business
Dentists' Office
25 Year Term
Floral Park, NY
$1,173,000
Business Acquisition
Small Business
Insurance Agency
10 years Year Term
Austin, TX
$1,485,000

Small Business
Insurance Agency
10 years Year Term
Lancaster, PA
$1,086,000
Refinance
Small Business
Insurance Agency
10 years Year Term
Scotssdale, AZ
$2,169,100

Small Business
Insurance Agency
10 years Year Term
Carleton, MI
$736,000
Leasehold Improvements
Small Business
Dentists' Office
10 years Year Term
San Diego, CA
$2,132,500
Business Acquisition
Small Business
Pharmacies and Drug Stores
10 years Year Term
Bountiful, UT
$1,705,000
1705000
Small Business
Home Health Care Services
10 years Year Term
Washington, DC
$1,086,000
Refinance
Small Business
Insurance Agency
10 years Year Term
Scotssdale, AZ
$736,000
Leasehold Improvements
Small Business
Dentists' Office
10 years Year Term
San Diego, CA
$1,152,400
Business Acquisition
Small Business
Insurance Agency
10 years Year Term
Klamath Falls, OR
$859,000
Business Acquisition
Small Business
Equipment and Supplies Wholesalers
10 years Year Term
Raleigh, NC
$397,700
Business Acquisition
Small Business
Dentists' Office
10 Year Term
ROHNERT PARK, CA
$412,000
Real Estate Purchase
Small Business
Doctor's Office
25 Year Term
Corvallis, OR
$2,016,600
Refinance
Small Business
Dentists' Office
25 Year Term
Columbia, MD
$2,630,000
Business Acquisition
Small Business
Insurance Agency
10 Year Term
Sunrise, FL
$1,041,500
Business Acquisition
Small Business
Dentists' Office
10 Year Term
PRESCOTT, AZ
$1,780,000
Refinance
Small Business
Doctor's Office
25 Year Term
CHANTILLY, VA
$450,000
Refinance
Small Business
Doctor's Office
10 Year Term
CHANTILLY, VA
$417,000
Business Acquisition
Small Business
Dentists' Office
10 Year Term
Laguana Hills, CA
$1,609,000
Business Acquisition
Small Business
Insurance Agency
10 Year Term
Port Charlotte, FL
$1,193,000
Real Estate Purchase
Small Business
Dentists' Office
25 Year Term
Whittier, CA
$496,000
Business Acquisition
Small Business
Offices of Optometrists
10 Year Term
TACOMA, WA
$1,618,000
Business Acquisition
Small Business
Insurance Agency
10 Year Term
LOS ANGELES, CA
$1,068,000
Business Acquisition
Small Business
Insurance Agency
10 Year Term
LaFollette, TN
$1,152,400
Business Acquisition
Small Business
Insurance Agency
10 years Year Term
Klamath Falls, OR
$1,575,000
1575000
Small Business
Doctor's Office
25 years Year Term
Scottsdale, AZ
NEWS
  • 2019
  • 2018
  • 2017
  • 2016
Ready Capital National Bridge Team Closes Over $270 Million in Eight States - 09/16/2019
NEW YORK, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Ready Capital’s National Bridge Originations Team announces the closing of acquisition, mixed-use acquisition, renovation, refinance, redevelopment, stabilization and lease-up loans for approximately $270 million in eight states. The Tampa, FL, loan provi ...
Ready Capital National Bridge Team Closes Over $100 Million in Four States - 06/06/2019
NEW YORK, May 28, 2019 (GLOBE NEWSWIRE) -- Ready Capital National Bridge Originations Team announces the closing of acquisition, mixed-use acquisition, renovation, refinance, redevelopment, stabilization and lease-up loans for approximately $110 Million in five states. The Houston, TX loans for the ...
Ready Capital Corporation Announces First Quarter 2019 Earnings Release and Conference Call - 05/01/2019
NEW YORK, May 1, 2019 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its first quarter 2019 financial results after the New York Stock Exchange closes Wednesday, May 8, 2019. Webcast and Earnings Conference Call Management will host ...
Ready Capital Corporation Appoints Gary Taylor as Chief Operating Officer - 04/03/2019
NEW YORK, April 3, 2019 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced that Gary Taylor has been appointed Chief Operating Officer, effective April 2, 2019. "Gary brings to Ready Capital deep sector expertise across multiple asset classes incl ...
Ready Capital and Owens Realty Mortgage Announce Completion of Merger - 03/29/2019
New York, New York, March 29, 2019 / PRNewswire / – Ready Capital Corporation (NYSE: RC) (“Ready Capital”) and Owens Realty Mortgage, Inc. (NYSE American: ORM) (“ORM”) jointly announced today that they have completed the previously announced merger pursuant to the terms of the Agreement and Plan of ...
Ready Capital National Bridge Team Closes Over $100 Million in Four States - 03/25/2019
NEW YORK – March 21, 2019 – Ready Capital National Bridge Originations Team announces the closing of acquisition, renovation, stabilization and lease-up loans for approximately $100 Million in four states. The San Antonio, TX loan is for the acquisition, renovation, and stabilization of a 392-unit, ...
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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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