ReadyCap Lending completes $145 million SBA 7(a) loan securitization bond issuance
RC•Ready Capital prices $145 million SBA 7(a) securitization
- Ready Capital priced a $145 million SBA 7(a) loan securitization, ReadyCap Lending Small Business Loan Trust 2026-4, closing June 26.
- Three floating-rate bond tranches were issued at par; the weighted average coupon was about 8.53%.
- The capital structure was led by $111.7 million of Class A bonds at SOFR + 1.85%.
