Business Description
Ready Capital Corporation is a New York-based real estate finance company that focuses on lending to smaller and mid-sized commercial property owners and small businesses across the United States. The company provides a range of loan products, including commercial real estate loans, small business loans backed by the SBA and USDA, and residential mortgage loans. It operates as a real estate investment trust, meaning it passes the majority of its taxable income directly to shareholders. Founded in 2007 and formerly known as Sutherland Asset Management Corporation, the company took on its current name in 2018.