Readycap Lending, LLC
This provider is no longer active on VerSquare.
This listing is no longer active.
Reviews and ratings below reflect past performance.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by Readycap Lending, LLC unless otherwise indicated.
No Reviews Available
This provider is no longer active. Historical reviews are preserved when available.
Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (155 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Readycap Lending, LLC ranks #17 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Readycap Lending, LLC’s 7(a) acquisition lending falls in the $1M-$2M range: 45 loans, 29.0% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 18 | 11.6% | |
| $500K-$1M | 30 | 19.4% | |
| $1M-$2M | 45 | 29.0% | |
| $2M-$3M | 24 | 15.5% | |
| $3M-$4M | 24 | 15.5% | |
| $4M-$5M | 14 | 9.0% |
Industries with highest loan volume
Gasoline Stations with Convenience Stores
48
loans
$2.5M
avg. amount
Full-Service Restaurants
8
loans
$1.2M
avg. amount
Convenience Retailers
8
loans
$1.7M
avg. amount
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
8
loans
$1.8M
avg. amount
Child Care Services
6
loans
$2.7M
avg. amount
Hotels (except Casino Hotels) and Motels
5
loans
$2.7M
avg. amount
Limited-Service Restaurants
4
loans
$896K
avg. amount
Pet Care (except Veterinary) Services
4
loans
$1.5M
avg. amount
General Freight Trucking, Long-Distance, Truckload
3
loans
$2.7M
avg. amount
Car Washes
3
loans
$2.3M
avg. amount
10-Year
0.6%
Percentile Ranking
82th
82th percentile
Readycap Lending, LLC’s median variable rate is + 2.25%, against a market median of Prime + 1.88%, 38 above market.
It priced below the market median in 4 of the last 8 quarters.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.78% |
| $500K-$1M | Prime + 2.33% |
| $1M-$2M | Prime + 1.99% |
| $2M-$3M | Prime + 1.83% |
| $3M-$4M | Prime + 1.88% |
| $4M-$5M | Prime + 2.16% |
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q3 '24 | Prime + 1.50% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 16 |
| Q4 '24 | Prime + 1.63% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 6 |
| Q1 '25 | Prime + 2.13% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 18 |
| Q2 '25 | Prime + 1.63% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 22 |
| Q3 '25 | Prime + 1.50% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 15 |
| Q4 '25 | Prime + 2.75% | Prime + 2.25% | Prime + 1.67% – Prime + 2.75% | 8 |
| Q1 '26 | Prime + 2.75% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 11 |
| Q2 '26 | Prime + 2.63% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 6 |
Readycap Lending, LLC has originated 7(a) acquisition loans in 31 states, most actively in Washington (58), Florida (16) and California (10). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Washington | 58 | 37.4% |
| Florida | 16 | 10.3% |
| California | 10 | 6.5% |
| Texas | 9 | 5.8% |
| Oregon | 6 | 3.9% |
| Connecticut | 4 | 2.6% |
| New Jersey | 4 | 2.6% |
| Nevada | 4 | 2.6% |
| Virginia | 4 | 2.6% |
| Massachusetts | 3 | 1.9% |
| Arizona | 3 | 1.9% |
| Michigan | 3 | 1.9% |
| Indiana | 3 | 1.9% |
| Illinois | 3 | 1.9% |
| Ohio | 2 | 1.3% |
| New York | 2 | 1.3% |
| South Carolina | 2 | 1.3% |
| Idaho | 2 | 1.3% |
| Colorado | 2 | 1.3% |
| Maryland | 2 | 1.3% |
| Missouri | 2 | 1.3% |
| Alaska | 2 | 1.3% |
| Iowa | 1 | 0.6% |
| Arkansas | 1 | 0.6% |
| Oklahoma | 1 | 0.6% |
| New Mexico | 1 | 0.6% |
| Kansas | 1 | 0.6% |
| Utah | 1 | 0.6% |
| Rhode Island | 1 | 0.6% |
| Pennsylvania | 1 | 0.6% |
| South Dakota | 1 | 0.6% |
Claim this profile to manage your information, respond to reviews, and access analytics.