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Ready Capital Corporation operates as a real estate finance company in the United States. The company provides commercial mortgage loans and other secured and unsecured financing to real estate owners such as small and middle market businesses, multistate and national retailers, restaurant groups, franchisees, developers, investors and others. It originates residential mortgage loans for Credit Acceptance Corp.'s captive finance company under consumer receivable purchase agreements. The company was formerly known as Ready Capital LLC and changed its name to Ready Capital Corporation in December 2002. Ready Capital Corporation was founded in 1999 and is based in Farmington Hills, Michigan.
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