Ready Capital Expands Partnership with Esusu, Donates to the Stable Home Fund
13 Diciembre 2023 - 3:15PM
Ready Capital Corporation (NYSE:RC) (“Ready Capital”), a
multi-strategy real estate finance company that originates,
acquires, finances, and services small- to medium-sized balance
commercial loans, today announced they are furthering their
partnership with Esusu by donating to the Stable Home Fund. Esusu
is the leading financial technology company that leverages rent
reporting for credit building.
The Stable Home Fund is a 501(c)(3) public charity organization
that provides rent relief funds to help keep renters in their homes
during times of financial distress. To meet the eligibility
requirements for rent relief funds, renters must live in the United
States, experience financial distress, and live in a property
within Esusu’s rent reporting network. The Stable Home Fund works
closely with Esusu to magnify its reach and impact. Learn more
about the Stable Home Fund.
“We are honored to support the Stable Home Fund,” said Ready
Capital Chief Operating Officer, Gary Taylor. “Through this
commitment, we will continue to assist underserved communities by
providing urgent rent relief to those most in need.”
“We are thrilled to strengthen the partnership between Esusu,
Ready Capital, and the Stable Home Fund, working together to foster
financial stability in communities across the nation," said Samir
Goel and Wemimo Abbey, the Co-Founders of Esusu. "The Stable Home
Fund introduces a groundbreaking approach to address homelessness,
by proactively ensuring families can remain in their homes during
financial hardships.”
About Ready Capital Corporation
Ready Capital Corporation (NYSE: RC) is a multi-strategy real
estate finance company that originates, acquires, finances and
services small- to medium-sized balance commercial loans. The
Company specializes in loans backed by commercial real estate,
including agency multifamily, investor, and bridge as well as U.S.
Small Business Administration loans under its Section 7(a) program.
Headquartered in New York, New York, the Company employs over 600
professionals nationwide.
About Esusu
Esusu is the leading financial technology platform that
leverages data solutions to empower residents and improve property
performance. Esusu's rent reporting platform captures rental
payment data and reports it to credit bureaus to boost credit
scores. This allows renters to build and establish their credit
scores while helping property owners mitigate against initiating
evictions, powered by differentiated data and insights. Founded in
2018, Esusu reaches over 4 million rental units across all 50 U.S.
states. Learn more at esusurent.com and follow us on Instagram
@myesusu and on Twitter @getesusu.
About Stable Home Fund
The Stable Home Fund’s (“SHF”) mission is to create financial
solutions for working families to have stable homes and build
better financial lives. SHF’s flagship product prevents evictions
by providing zero-interest rent relief funds to renters facing
financial shock. All rent relief repayments are recycled to keep
more renters in their homes. Since 2020, SHF has provided millions
in rent relief to households nationwide.
Contact
Ready Capital Media RelationsPR@readycapital.com
SGPR on behalf of Esusuesusu@smallgirlspr.com
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