Ready Capital Acquires Madison One; Terms Of The Transaction Were Not Disclosed

6/11/24 4:16:10 PM ET

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Ready Capital Corporation (NYSE:RC) ("Ready Capital" or the "Company"), a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, today announced that it has acquired Madison One Capital, M1 CUSO and Madison One Lender Services (together, "Madison One"), a leading originator and servicer in the highly profitable government guaranteed loan industry focusing on United States Department of Agriculture ("USDA") and SBA guaranteed loan products. Terms of the transaction were not disclosed.

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Ready Capital Acquires Madison One; Terms Of The Transaction Were Not Disclosed

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Recent Analyst Ratings for $RC

$RC Leadership Updates

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Ready Capital Announces 103% Increase in SBA 7(a) Loans Year to Date and Names Gary Taylor as CEO of ReadyCap Lending

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