Ready Capital Targets $1B SBA 7(a) Annual Run Rate by Early 2027
Ready Capital Corporation (RC) has announced its strategic objectives following the substantial completion of its balance sheet repositioning and liquidity plan. The company is now pivoting toward a growth phase, specifically targeting an annual run rate of $1 billion in SBA 7(a) loan originations by early 2027. In addition to scaling its lending volume, management is focused on achieving distributable earnings breakeven. This transition marks the conclusion of a restructuring period initiated in late 2025, aimed at stabilizing the company's financial position and preparing for long-term scalability.
Tickers: $RC
Topics: balance sheet repositioning liquidity plan quarterly results
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Part of the story Ready Capital Completes Balance Sheet Repositioning and Debt Reduction (4 articles)