On September 29, 2025, SBA WORX, a lending service provider, announced that it has selected iBusiness’s LenderAI platform for its business operations. iBusiness is a wholly owned subsidiary of Ready Capital Corporation, and LenderAI is the company’s flagship loan origination and processing technology platform.
LenderAI automates and streamlines critical components of the loan origination process, improves compliance, and significantly reduces manual workload. The platform offers advanced rules engine and task manager automations, integrates with third‑party credit and identity data sources, and provides end‑to‑end process transparency for lenders.
This partnership expands iBusiness’s customer base and adds a new revenue source for Ready Capital. By securing a high‑profile client in SBA WORX, iBusiness demonstrates the commercial viability of its technology and positions Ready Capital as a leader in SBA lending solutions.
The win signals growth in Ready Capital’s small‑business lending technology segment, enhances future earnings potential, and strengthens the company’s competitive moat in the SBA and SMB financing market.
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