Ready Capital completed the acquisition of Madison One Capital.

Ready Capital, a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, completed the acquisition of Madison One Capital, a originator and servicer in the government guaranteed loan industry. Financial terms were not disclosed. “We're excited to acquire Madison One, a leading USDA loan originator and servicer. The transaction is expected to generate more than $300 million of USDA volume annually, expanding our government-guaranteed small business offerings, while increasing the Company's gain on sale earnings,” Thomas Capasse, Ready Capital CEO.