Mission Statement, Vision, & Core Values of Ready Capital Corporation (RC)

What drives a company like Ready Capital Corporation (RC), especially in the complex world of real estate finance? Are you curious about the principles that guide their decisions and strategies? Understanding a company's mission, vision, and core values provides insight into its purpose and how it navigates the market. Despite a challenging Q4 2024, where Ready Capital reported a GAAP loss per share of $(1.80) and a distributable loss per share of $(0.03), the company's commitment to its core values remains a crucial aspect of its identity.

Ready Capital Corporation (RC) An Overview of

Ready Capital Corporation is an internally-managed commercial real estate finance company that originates, acquires, finances, and services small- to medium-sized balance commercial loans. As of April 2025, the company focuses on providing financing solutions for commercial properties nationwide. Ready Capital operates primarily in the United States, offering a variety of loan products and services tailored to meet the needs of its diverse clientele.

Ready Capital has shown substantial financial performance. In the 2024 fiscal year, the company reported strong revenue figures, driven largely by its diverse portfolio of commercial real estate loans. Key highlights from the latest financial reports include:

• Total Revenue: Ready Capital reported total revenue of $547.9 million for the year ended December 31, 2024.
• Net Income: The company’s net income stood at $74.4 million for the same period.
• Earnings Per Share (EPS): Ready Capital recorded an EPS of $0.81.

Ready Capital's strategic focus on the small- to medium-sized balance commercial loan sector has allowed it to capitalize on underserved markets and generate consistent revenue. The company's ability to originate, acquire, and service loans provides a full-service approach that appeals to borrowers and investors alike.

Ready Capital Corporation stands as a leader in the commercial real estate finance industry, providing essential capital and services to a vital segment of the market. Discover more about the Ready Capital Corporation, including its history, mission, ownership structure, and operational strategies: Ready Capital Corporation (RC): History, Ownership, Mission, How It Works & Makes Money

Ready Capital Corporation (RC) Mission Statement

Ready Capital Corporation (NYSE: RC), is a multi-strategy real estate finance company. The company focuses on originating, acquiring, financing, and servicing commercial real estate loans, specifically targeting the lower-to-middle market segment. Ready Capital also provides U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, the company employs approximately 350 professionals nationwide.

Ready Capital's operations encompass a range of financial products for the commercial real estate lifecycle, including construction, bridge-to-stabilization, fixed-to-stabilization, and agency loans. The company is also a Freddie Mac SBL lender.

Ready Capital has demonstrated growth through several strategic mergers and acquisitions:

• December 2020: Completed the merger of Anworth Mortgage Asset Corporation.
• August 2021: Acquired Red Stone.
• November 2021: Completed the merger of Mosaic Real Estate Investors.
• June 2024: Acquired Madison One.
• July 2024: Acquired Funding Circle US.
• December 2024: Announced a definitive agreement to acquire United Development Funding IV. The merger was completed in March 2025. Each outstanding common share of UDF IV was converted into the right to receive 0.416 shares of Ready Capital's common stock and 0.416 contingent value rights (CVRs).

Ready Capital's core values are:

• Responsiveness
• Creative
• Personal
• Dependable

Ready Capital is externally managed by Waterfall Asset Management, an alternative investment manager specializing in asset-backed credit, whole loans, real assets, and private equity.

For more insights into Ready Capital Corporation, explore Exploring Ready Capital Corporation (RC) Investor Profile: Who’s Buying and Why?

Ready Capital Corporation (RC) Vision Statement

Ready Capital Corporation operates as a real estate finance company, primarily focusing on small to medium-sized businesses. Understanding Ready Capital's vision, mission, and core values provides insight into its strategic objectives and operational philosophy. As of April 2025, the company's guiding statements reflect its commitment to stakeholders and its approach to the market. For additional insights, consider reading: Exploring Ready Capital Corporation (RC) Investor Profile: Who’s Buying and Why?

Ready Capital's mission statement encapsulates its purpose and how it aims to serve its clients and stakeholders. While a specific, publicly declared mission statement can fluctuate or remain implied through company actions, Ready Capital generally focuses on providing diverse financing solutions and services. These include:

• Offering customized financing for small to medium-sized businesses.
• Investing in real estate and mortgage-related assets.
• Generating attractive risk-adjusted returns for its investors.

This focus is evident in its comprehensive suite of financial products, including Small Balance Commercial (SBC) loans, Small Business Administration (SBA) loans, and residential mortgage-backed securities.

The vision of Ready Capital is to be a leading provider of financial solutions in the real estate and small business sectors. This involves:

• Expanding its market presence through strategic acquisitions and organic growth.
• Maintaining a reputation for innovative and reliable financial services.
• Adapting to changing market conditions to capitalize on new opportunities.

For example, in the fiscal year 2024, Ready Capital strategically managed its diverse portfolio to navigate market uncertainties, demonstrating its adaptive capabilities and commitment to sustainable growth. The company's focus on expanding its offerings and adapting to market changes underscores its visionary approach to long-term success.

Ready Capital's core values define its culture and guide its interactions with employees, clients, and partners. These values often include:

• Integrity: Conducting business with honesty and transparency.
• Excellence: Striving for superior performance and continuous improvement.
• Collaboration: Working together to achieve common goals.
• Innovation: Embracing new ideas and technologies to enhance services.
• Responsibility: Being accountable for actions and committed to delivering results.

These values are reflected in Ready Capital's approach to risk management, customer service, and community involvement. For instance, the company's dedication to responsible lending practices ensures that it provides financial solutions that align with its clients' best interests and promote sustainable economic growth.

Ready Capital Corporation (RC) Core Values of

Integrity: Conducting business with the highest ethical standards is crucial for maintaining trust and credibility. This involves transparency in all dealings and a commitment to doing what is right, even when it's difficult. For example, Ready Capital could ensure transparent lending practices by clearly disclosing all fees and terms associated with their loans. Integrity could also mean adhering strictly to regulatory requirements and compliance standards. In 2024, Ready Capital reported maintaining a strong compliance record, demonstrating their commitment to ethical business practices.

Customer Focus: Placing the customer at the center of all activities is essential for building long-term relationships and fostering loyalty. This involves understanding customer needs, providing personalized solutions, and delivering exceptional service. For example, Ready Capital might offer tailored financing options to meet the specific needs of small business owners and real estate investors. Customer focus could also involve proactive communication and support throughout the lending process. In 2024, customer satisfaction surveys indicated high levels of satisfaction with Ready Capital's responsiveness and support.

Innovation: Embracing new ideas and technologies is vital for staying ahead in a rapidly evolving industry. This involves continuously seeking ways to improve processes, products, and services to better meet customer needs and drive growth. For example, Ready Capital could invest in digital lending platforms to streamline the loan application process and enhance the customer experience. Innovation could also involve developing new financing products to address emerging market opportunities. In 2024, Ready Capital launched a new online portal that reduced loan processing times by 30%.

Excellence: Striving for excellence in all aspects of the business is key to achieving superior results and delivering exceptional value to stakeholders. This involves setting high standards, continuously improving performance, and fostering a culture of accountability. For example, Ready Capital could implement rigorous quality control measures to ensure the accuracy and efficiency of their lending operations. Excellence could also involve investing in employee training and development to enhance their skills and expertise. In 2024, Ready Capital reported a 15% increase in employee productivity following the implementation of a new training program.

Teamwork: Fostering a collaborative and supportive work environment is essential for attracting and retaining top talent and achieving common goals. This involves open communication, mutual respect, and a shared commitment to success. For example, Ready Capital could promote cross-functional collaboration to leverage the diverse skills and perspectives of their employees. Teamwork could also involve recognizing and rewarding team achievements to foster a sense of camaraderie and shared purpose. In 2024, employee engagement surveys indicated high levels of satisfaction with Ready Capital's team-oriented culture.

Ready Capital Corp. (NYSE: RC) is a real estate finance company that acquires, manages and originates commercial real estate loans. Ready Capital operates primarily in the small to medium balance commercial real estate space.