Small Business Spotlight

IT company partner buyout with no money down

When business partners part ways, financing should not only honor their accomplishments but set them on a path to near-term growth. 

Loan Amount


Loan Purpose

The Small Business

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The Financing Challenge

When it was time for his partner to retire, the co-owner of a Plano, Texas-based IT company came to Ready Capital. He had goals for growth, and he’d been through a partner buyout before. But transitioning to the next chapter from a place of strength hinged on reaching the right loan terms.

Loan Scenario

Here's what our borrowers brought to Ready Capital

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Collateral shortfall

Shortfall since much of an IT company’s product is in the cloud

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Valuation complications

Unexpected issues with business valuation

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Debt in need of refinancing


Ready Capital was able to focus the story of the loan on the borrower’s strengths: a healthy number of contracts and proof of their in-place expansion.

Reliable Results

The Non-Bank SBA Preferred Lending Partner Difference

A small business loan is not an empty box like a checking or savings account. No two small businesses are alike when it comes to their financing needs. This means that small business financing requires out-of-the- box thinking and capabilities many banks simply don’t offer.

Ready Capital is a non-bank, SBA preferred lending partner (PLP). We speak fluent small business and have the process in place to help them reach their goals the first time.

Apply for a loan

Start the application process for any size SBA 7(a) loan.