READY CAPITAL PRO — NOW LIVE    FROM SOFR + 1%
READY CAPITAL PRO — NOW LIVE    FROM SOFR + 1%
READY CAPITAL PRO — NOW LIVE    FROM SOFR + 1%
READY CAPITAL PRO — NOW LIVE    FROM SOFR + 1%
Ready Capital Pro  |  Institutional Facility

The institutional facility.
Without the upfront escrow.

Built for US-based fund managers with operating history and banking history. Qualify through bank-verified cash flow. Activation reserve collected at closing — not upfront.

SOFR+1%
Facility Rate (from)
$0
Upfront Deposit
48hr
Term Sheet
USA
Borrowers Only

The same facility.
A faster path in.

Ready Capital Pro is the Ready Capital Facility — restructured for US borrowers who have already built a verifiable track record.

Same $200M committed capital. Same revolving structure. Same zero-interest-on-undrawn-balances mechanics. Same deploy-first, raise-second thesis.

What's different: Pro borrowers qualify through bank-verified cash flow — and the activation reserve is collected at closing, not fronted into escrow before the facility goes live.

That is the entire distinction. Everything else is Ready Capital.

What actually changes.

Ready Capital (Standard) Ready Capital Pro
Geography Global USA only
Activation reserve Funded into escrow upfront Collected at closing
Qualification Document-based underwriting Plaid bank verification + docs
Facility rate 11–14% From SOFR + 1%
Borrower profile Professional fund managers US managers with operating + banking history
Committed capital $200M $200M
Structure Revolving, unsecured Revolving, unsecured
Zero interest on undrawn Yes Yes
Term sheet turnaround 48 hours 48 hours

Pro is not a discount program. It is a structurally different qualification path for a structurally different borrower — US-based, bank-verifiable, with a demonstrable operating track record. Borrowers who fit that profile earn access to institutional pricing.

How Pro qualification works.

Pro replaces upfront escrow with real-time verification of your ability to service the debt.

1. Submit your application

Executive summary, CV, professional history, business formation documents, use of funds, draw schedule, exit strategy. The standard Ready Capital documentation package.

2. Link your business bank account via Plaid

OEI's Plaid integration provides secure, read-only access to your business banking history. We verify operating cash flow, balance stability, and debt-service capacity directly from your institution — not from statements you self-select. This is the core of Pro underwriting.

3. OEI reviews within 48 hours

Bank verification collapses underwriting time. If your cash flow supports the facility size you're requesting, we issue a term sheet.

4. Close and activate

The activation reserve is collected at closing — not before. Once the facility is closed, you can draw immediately.

Who qualifies for Pro.

  • US-based entities. Lending jurisdiction is the United States. Foreign borrowers route to the standard Ready Capital Facility.
  • Entities with operating history. You have been in business long enough to produce tax returns, P&Ls, and a verifiable operating record.
  • Entities with banking history. Your business banking relationship is established — not opened last week for this application.
  • Professional fund managers, sponsors, and syndicators. Same operator profile as standard Ready Capital: institutional discipline, real deal flow, a track record that holds up to review.

Who does not qualify.

  • Entities with no operating history. Pro is built for borrowers who can be verified. A brand-new entity with no track record cannot pass bank-verified underwriting. These applicants should look at the standard Ready Capital Facility if they meet its criteria — or build history first.
  • Entities with no banking history. Pro qualification runs through Plaid. If there is no business banking relationship to link — or the relationship is too new to produce meaningful data — the program is not a fit.
  • Non-US entities. Pro is structured around US banking infrastructure and US borrower profiles. International borrowers are directed to the standard Ready Capital Facility.

This is not a penalty. Pro is an alternative path, not a tier. Borrowers who don't fit Pro often fit standard Ready Capital — and the standard program's escrow-first structure exists precisely because it accommodates borrowers Plaid cannot verify.

Pro inherits every structural benefit.

Pro is a different on-ramp to the same product. Every structural benefit of the standard Ready Capital Facility carries over.

$200M Committed Capital Pool

Same committed capital pool backing your facility. The capital is here.

Revolving Line

Repay and redraw throughout your term, no re-qualification required.

Zero Interest on Undrawn Balances

Small unused line fee only. No interest on undrawn portions of your facility.

Deploy-First, Raise-Second

Move on live deals while your LPs are still in committee. Speed matters.

Unsecured Structure

No hard collateral required. Your track record is your collateral.

Fund Manager–First Philosophy

One relationship, one underwriting process, one facility that scales across your deal flow.

Transparent terms.
No hidden structures.

Facility rate From SOFR + 1% on drawn balance
Unused line fee Small standard fee on undrawn commitment
Activation reserve Collected at closing. Interest-earning. Fully releasable when no draws are outstanding.
Term sheet turnaround 48 hours from Plaid verification
Term sheet validity 72 hours from issuance

The activation reserve functions exactly as it does in the standard program — it covers interest payments in a default scenario, earns interest in escrow during the term, and is released in full when the facility closes with no outstanding balance. The only difference is when you fund it: at closing, not upfront.

Straight answers.

Q: Is Pro easier to qualify for than standard Ready Capital?
Not easier — different. Pro trades document-heavy underwriting for real-time bank verification. If your business banking tells a strong story, Pro is faster. If it doesn't, standard Ready Capital is the better fit.
Q: Why Plaid?
Because self-selected bank statements show what a borrower chooses to show. A read-only Plaid link shows what's actually there — deposits, balance trends, cash flow patterns, debt service. Faster, cleaner, and more honest underwriting.
Q: What if I don't want to link my bank account?
That's fine. The standard Ready Capital Facility does not require Plaid — it qualifies borrowers through the traditional document package. Pro's pricing is built around the verification; without it, the standard program is your path.
Q: Is the activation reserve still required?
Yes. Every Ready Capital borrower funds an activation reserve — it is what makes the unsecured structure work. Pro simply moves the funding event from pre-qualification to closing.
Q: Can I start on Pro and move to the standard program — or vice versa?
Yes. If underwriting surfaces a better fit in the other program, OEI will re-route the application. No second application required.
Q: Why is Pro priced so much lower than standard Ready Capital?
Because bank-verified cash flow and US jurisdiction reduce the risk profile substantially. The standard program prices for operational uncertainty that Pro eliminates through verification. Different risk, different rate.

If this fits,
let's talk.

Jonathan Perez, Senior Partner at OEI Private Credit, personally leads Ready Capital Pro intake. Bring your track record, your pipeline, and your business banking relationship. We'll tell you in the first conversation whether Pro or standard Ready Capital is the right path — and if we're a fit, we move fast.