Ready Capital Corporation, Michigan’s Boutique Commercial Lender, Announces 3 Unique Commercial Loan Transactions

Birmingham, Michigan, UNITED STATES

BIRMINGHAM, Mich., March 02, 2017 (GLOBE NEWSWIRE) -- Ready Capital Corporation announces the following loan transactions completed.

$35 million – Ontario, Canada

Ready Capital Corporation facilitated international debt placement for a large non-flag hotel and vacation complex in Ontario, Canada. Non-flag hotels are a challenge for most lenders.

771 Acres Farmland Assemblage – Indiana

Ready Capital Corporation directly provided debt for a farmland assemblage southwest of Lafayette, IN. Ready Capital facilitates sales of Midwest farmland.

$3.45 Million – Grand Rapids, MI

Ready Capital Corporation purchased non performing debt in the amount of 3.45 million dollars on commercial real estate in Grand Rapids, MI. Ready Capital Corporation purchases non performing debt from commercial lenders for its portfolio nationwide.

Ready Capital Corporation is Michigan’s alternative lender for businesses. RCC provides timely business capital in the form of commercial bridge loans, advances, and other ABL products.

Ready Capital Corporation’s advisory desk provides advanced solutions for large or unusual capital requirements. RCC works with CPAs, attorneys, bankers, real estate professionals, and trusted advisors and they provide uncommon financial solutions for all types of businesses.

Ready Capital Corporation also purchases non performing debt and assets for its portfolio from lenders across the nation with the quickest execution in the industry.