The lending subsidiary of Waterfall Capital is taking advantage of NS’s capabilities. This includes the ability to capture potential deals early in the sales cycle. Thus, replacing pipeline spreadsheet tracking with real-time pipeline within NS. This has given Ready Capital the opportunity to advance their digitization efforts with North Shore. The weekly pipeline meetings occur virtually, with online data that is displayed and updated on the spot. This is done as status meetings are conducted with production personnel and management.
Automating their Bridge program with warehouse line tracking, construction, and multiple fundings with different positions on the capital stack, and placement with different servicers as a result.
RC’s entrepreneurial spirit is reflected in the way they have embraced the NS platform. They have utilized its many capabilities from the very beginning of the origination process straight through to their asset management functions. Embracing this platform has allowed Ready Capital to further their digitization efforts with North Shore.