RCN Capital Surpasses 10,000 Loans Funded – NMP Skip to main content

RCN Capital Surpasses 10,000 Loans Funded

Navi Persaud
May 11, 2021
RCN Capital Logo

RCN Capital achieved an origination milestone of surpassing 10,000 loans funded since the company's inception in 2010.

According to a press release, this is the second funding milestone for RCN Capital in 2021. The company also surpassed $2 billion in originations across its financing options for fix and flip projects, long-term rentals and ground-up construction since its founding in February, according to the report.

“This is an incredible milestone that would not have been possible without RCN Capital’s hard-working employees,” said Jeffrey Tesch, RCN Capital’s CEO. “A tremendous thank-you to all of our current, former, and soon-to-be RCN Capital family members.”

RCN Capital is currently on track to exceed $1.1 billion in originations for the year. The company was also recognized this year for its explosive growth after ranking number 180 on the 2021 Inc. 5000 Regionals: NYC Metro list which ranks the fastest-growing private companies in the New York City Metro Region.

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