Company overview
HQ · New Providence, NJ
SBA loansTerm loan
ReadyCap Lending, LLC is the small-business lending arm of Ready Capital (NYSE: RC). As a U.S. SBA Preferred Lender and non‑bank lender, it originates SBA 7(a) and USDA B&I/REAP loans nationwide and uses its iBusiness technology platform to streamline originations. ReadyCap does not offer merchant cash advances; its products are government‑guaranteed and term‑based.
Company focus
- Headquarters
- New Providence, NJ
- Founded
- 2014
- Employees
- 201-500
- Industries
- assisted living facilities, car washes, day care businesses, dental services, gas stations and convenience stores, franchises, liquor stores, hotels, food supply chain companies, manufacturing, marinas, medical offices, industrial companies, timber production
- Specialties
- SBA Preferred Lender (PLP), USDA B&I and REAP expertise, Non-bank lender with wider credit box, Strategic Alliances referral program with competitive referral fees, Nationwide coverage, Fast eligibility screening and prequalification
Funding & terms
- Funding from
- $350,000
- Funding up to
- $25,000,000
Third-party reputation
- Reported research
- BBB rating A+ with low consumer review score (1/5 from 17 reviews); Trustpilot shows an average rating with over 1,000 reviews, indicating mixed public perception.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.