Readycap Lending, LLC
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by Readycap Lending, LLC
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 2,992 | $1.86B | $623K | 3.9% |
| 812112 | Beauty Salons | 1,944 | $217.1M | $112K | 2.5% |
| 721110 | Hotels (except Casino Hotels) and Motels | 1,696 | $4.02B | $2.4M | 2.2% |
| 236118 | Residential Remodelers | 1,568 | $304.6M | $194K | 2.0% |
| 541990 | All Other Professional, Scientific, and Technical Services | 1,552 | $336.3M | $217K | 2.0% |
| 524210 | Insurance Agencies and Brokerages | 1,512 | $465.5M | $308K | 2.0% |
| 722513 | Limited-Service Restaurants | 1,448 | $673.6M | $465K | 1.9% |
| 624410 | Child Day Care Services | 1,440 | $1.09B | $757K | 1.9% |
| 812990 | All Other Personal Services | 1,368 | $218.7M | $160K | 1.8% |
| 541611 | Administrative Management and General Management Consulting Services | 1,192 | $274.8M | $231K | 1.6% |
Geographic Distribution
SBA lending activity for Readycap Lending, LLC by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 12,000 | $5.84B | 15.7% |
| Texas (TX) | 7,032 | $3.87B | 9.2% |
| Florida (FL) | 9,544 | $3.06B | 12.5% |
| Washington (WA) | 2,496 | $2.86B | 3.3% |
| New York (NY) | 6,264 | $2.24B | 8.2% |
| Georgia (GA) | 3,472 | $1.38B | 4.5% |
| Oregon (OR) | 1,304 | $1.08B | 1.7% |
| New Jersey (NJ) | 2,680 | $1.02B | 3.5% |
| Colorado (CO) | 1,976 | $890.9M | 2.6% |
| Ohio (OH) | 1,544 | $806.1M | 2.0% |
| North Carolina (NC) | 2,344 | $799.3M | 3.1% |
| Arizona (AZ) | 1,544 | $656.8M | 2.0% |
| Maryland (MD) | 1,648 | $588.4M | 2.2% |
| Virginia (VA) | 1,864 | $582.1M | 2.4% |
| Illinois (IL) | 2,000 | $578.8M | 2.6% |
| Pennsylvania (PA) | 1,704 | $539.4M | 2.2% |
| Michigan (MI) | 1,496 | $490.4M | 2.0% |
| South Carolina (SC) | 1,072 | $477.8M | 1.4% |
| Nevada (NV) | 944 | $407.6M | 1.2% |
| Utah (UT) | 776 | $400.8M | 1.0% |
| Tennessee (TN) | 1,240 | $354.3M | 1.6% |
| Connecticut (CT) | 744 | $340.4M | 1.0% |
| Indiana (IN) | 848 | $317.5M | 1.1% |
| Louisiana (LA) | 768 | $306.2M | 1.0% |
| Alabama (AL) | 728 | $276.8M | 1.0% |
| Oklahoma (OK) | 472 | $271.2M | 0.6% |
| Wisconsin (WI) | 840 | $257.3M | 1.1% |
| Massachusetts (MA) | 1,000 | $239.0M | 1.3% |
| New Mexico (NM) | 328 | $187.4M | 0.4% |
| Arkansas (AR) | 304 | $152.7M | 0.4% |
| Missouri (MO) | 704 | $134.8M | 0.9% |
| Minnesota (MN) | 632 | $129.4M | 0.8% |
| Iowa (IA) | 224 | $129.1M | 0.3% |
| Kansas (KS) | 408 | $127.9M | 0.5% |
| Montana (MT) | 288 | $114.5M | 0.4% |
| Nebraska (NE) | 320 | $114.4M | 0.4% |
| Idaho (ID) | 344 | $114.0M | 0.4% |
| Rhode Island (RI) | 176 | $98.5M | 0.2% |
| District of Columbia (DC) | 232 | $96.4M | 0.3% |
| North Dakota (ND) | 72 | $94.9M | 0.1% |
| Kentucky (KY) | 472 | $91.7M | 0.6% |
| Alaska (AK) | 128 | $88.0M | 0.2% |
| Mississippi (MS) | 320 | $86.8M | 0.4% |
| New Hampshire (NH) | 208 | $81.9M | 0.3% |
| Delaware (DE) | 176 | $55.5M | 0.2% |
| Hawaii (HI) | 312 | $55.1M | 0.4% |
| Maine (ME) | 128 | $41.9M | 0.2% |
| Wyoming (WY) | 96 | $40.8M | 0.1% |
| West Virginia (WV) | 144 | $26.8M | 0.2% |
| South Dakota (SD) | 88 | $14.0M | 0.1% |
| Vermont (VT) | 40 | $9.4M | 0.1% |
Why Choose Readycap Lending, LLC?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 76,488 SBA loans approved, totaling $33.03B in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Beauty Salons, Hotels (except Casino Hotels) and Motels
- ✓Competitive Terms: Average interest rate of 11.57% with flexible term lengths averaging 137 months
- ✓Loan Range: Loan sizes from $9K to $5.0M, with an average of $432K
- ✓Nationwide Reach: Active lending in 51 states, with strong presence in CA, FL, TX
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Readycap Lending, LLC SBA lending
What types of businesses does Readycap Lending, LLC typically finance?
Readycap Lending, LLC specializes in SBA 7(a) lending to specific industries including full-service restaurants, beauty salons, hotels (except casino hotels) and motels, residential remodelers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Readycap Lending, LLC's typical SBA loan terms?
Readycap Lending, LLC's SBA 7(a) loans typically feature an average interest rate of 11.57% and average term length of 137 months (approximately 11 years). Loan sizes range from $9K to $5.0M, with an average loan size of $432K.
Do I need a business valuation for a Readycap Lending, LLC SBA loan?
Yes, Readycap Lending, LLC typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Readycap Lending, LLC compare to other SBA lenders?
Readycap Lending, LLC has originated 76,488 SBA loans totaling $33.03B since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Readycap Lending, LLC lend in?
Readycap Lending, LLC provides SBA 7(a) financing with particularly strong presence in CA, FL, TX, NY, GA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
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Professional valuations are often required for SBA loans over $250,000.
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