Ready Capital Investor Presentation Deck
Diversified Investment Strategy
Capital allocated opportunistically to highest ROE OpCo across economic cycle
Products:
Strategy:
Target Return:
History
SBC LENDING &
ACQUISITIONS
Investor SBC lending across 7
products (bridge to stabilized
properties) & portfolio
acquisitions
NIM from retained SBC portfolio
supplemented by gain on sale
income from Agency production
4-6%
Distressed acquisitions (2008),
direct lending launch (2013), 1
of 12 Freddie Mac SBL license
holders (2014) & acquired bank
bridge lending team (2015)
SMALL BUSINESS LENDING
Owner occupied SBC lending
through SBA 7(a), USDA &
unsecured small business. 1 of
14 non-Bank 7(a) SBA lenders
Revenue from gain on
secondary market sale, net
interest income and servicing
fees on retained interest
Prime +200-275bps
Acquired in 2014 from CIT with
originations beginning in 2015
READY CAPITAL.
RESIDENTIAL
MORTGAGE BANKING
Residential mortgage loan
originations and servicing
focused on agency market
Revenue from gain on sale of
production and servicing fees
from retained MSR
100-175bps
Acquired in 2016 as part of the
Company's acquisition of ZAIS
Financial Corp
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