NEW PROVIDENCE, N.J., June 19, 2015 (GLOBE NEWSWIRE) -- via PRWEB - ReadyCap Lending, LLC, (http://www.rclending.com), a nationally recognized SBA lender and subsidiary of ReadyCap Commercial, LLC, announced today that it has hired John E. Moshier as President of the company, effective immediately. Moshier has held executive roles focused on the delivery of SBA loans and solutions, as well as small business relationships, since 2000. He has also served in the United States Army and Ohio National Guard.
"We are excited to welcome John to his new post, and confident that his exemplary record in leadership, risk management and national SBA lending make him the ideal president to lead ReadyCap Lending now and into the future," said Jim Going, CEO of ReadyCap Commercial, LLC. "In addition, John's experience in serving our country is an invaluable asset to our Veterans Community Development program, which is dedicated to providing resources and access to start-up capital for military veteran entrepreneurs and business owners, in partnership with the SBA."
John Moshier commented, "I am thrilled to join ReadyCap Lending, and look forward to leading and working with our experienced team of professionals to help entrepreneurs obtain the financing solutions they need to grow their small businesses. These businesses make up the neighborhoods and communities across our country that fuel growth in our economy; it's incredibly rewarding to be a part of that process as an SBA lender."
Moshier comes to ReadyCap Lending with nearly 20 years of professional experience in the lending industry, the past 15 of which have been focused on small business relationships and management of U.S. Small Business Administration (SBA) loan programs. He has been consistently recognized for portfolio performance and SBA production, while building and growing national sales teams. Moshier's military service includes four years in the United States Army and six years in the Ohio National Guard. He serves on the board of the National Association of Government Guaranteed Lenders (NAGGL). Moshier will be based in New Providence, NJ, at ReadyCap Lending's headquarters.
ReadyCap Lending currently services a small business loan portfolio of $1.3 billion and originates loans nationwide, providing SBA financing solutions to help businesses and communities grow.
About ReadyCap Lending
ReadyCap Lending, LLC (http://www.rclending.com), is a licensed small-business loan company offering SBA 7(a) loans up to $5 million to small businesses throughout the United States. Based in New Providence, New Jersey, ReadyCap Lending is a subsidiary of ReadyCap Commercial, LLC, a wholly owned indirect subsidiary of Sutherland Partners, L.P., the general partner of which is Sutherland Asset Management Corporation ("Sutherland"). Sutherland, a REIT, is a real estate finance company that acquires, originates, manages and finances commercial real estate loans, and to a lesser extent, asset-backed securities where the underlying pool of assets consists primarily of commercial real estate loans and other real estate-related investments. ReadyCap Lending is actively hiring nationally to support growth associated with its offering of SBA 7(a) loans. For more information, visit http://www.rclending.com, or call 888-354-0822.
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