Ready Capital Corporation, a Michigan-based boutique commercial lender, announced three unique commercial loan transactions:
- $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 provides timely business capital in the form of commercial bridge loans, advances, and other ABL products.