{
  "docId": "019de511-8fb7-745e-8171-e03156acbc33",
  "docSlug": "1cfff0ff13bd18831c3d06ec02a2a4ba",
  "documentTitle": "Ready Capital | Investor Presentation Deck | 43 slides",
  "authorId": "ready-capital",
  "authorName": "Ready Capital",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-09-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 17,
  "pageCount": 43,
  "prevPage": 16,
  "nextPage": 18,
  "slideType": "market_sizing",
  "function": "size_opportunity",
  "density": "dense",
  "nDataPoints": 15,
  "notes": "The slide provides context on the SBA 7(a) program and displays two bar charts showing market trends from 2015 to 2021.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de511-8fb7-745e-8171-e03156acbc33/17",
  "deckHref": "/decks/019de511-8fb7-745e-8171-e03156acbc33",
  "deckJsonHref": "/decks/019de511-8fb7-745e-8171-e03156acbc33.json",
  "deckAnchorHref": "/decks/019de511-8fb7-745e-8171-e03156acbc33#slide-17",
  "components": [
    {
      "bbox": {
        "h": 0.35,
        "w": 0.44,
        "x": 0.047,
        "y": 0.5
      },
      "kind": "chart",
      "text": "OUTSTANDING 7(a) BALANCE (BILLIONS)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3482a592-aa35-4694-8655-d044c2e657ce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.44,
        "x": 0.51,
        "y": 0.5
      },
      "kind": "chart",
      "text": "7(a) LOAN APPROVALS (BILLIONS)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f7a2d00f-a12f-4f9e-86e3-2cc7c1730d23",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.42,
        "x": 0.07,
        "y": 0.23
      },
      "kind": "list",
      "text": "The SBA (1953) is an independent federal agency that guarantees loans to small businesses. Eligible participants are banks except for 14 non-bank licenses approved in the 1980s. Eligible small businesses have under $15M net worth and $5M net profit.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "31a14589-5ece-4176-a673-fda5d5cc4016",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.42,
        "x": 0.51,
        "y": 0.23
      },
      "kind": "list",
      "text": "The SBA's lead program is the 7(a) which guarantees 75% of eligible loans up to $5M @ Prime + 275bps maximum rate. Originator sells 75% pro-rata interest in loan pooled into SBA Certificates & sold at ~9%+ premium retaining 25% and servicing rights.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a46ec18a-9c2f-42e3-8d7b-5ea1f303604b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.15,
        "x": 0.047,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "1. Source: SBA.gov",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "279b96b6-2877-4d32-83ae-92af4974f7b5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.44,
        "x": 0.047,
        "y": 0.075
      },
      "kind": "title",
      "text": "Small Business Market – 7(a)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6a288d7b-525b-4f56-8079-c90f2c859891",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chartjunk Elimination",
      "slug": "chartjunk-elimination",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "78b8d160-e05b-489d-ad15-41e379942b10",
      "evidence": "OUTSTANDING 7(a) BALANCE (BILLIONS) and 7(a) LOAN APPROVALS (BILLIONS) charts are simple and clear",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 19,
      "from": 16,
      "name": "Why Now",
      "slug": "15-why-now",
      "bestFor": "Sales pitches, fundraising, requesting immediate budget approval",
      "matchId": "6fb93d1e-0123-49f9-942d-6541f08a2051",
      "evidence": "Small business lending overview and SBA 7(a) economics slides",
      "position": 1,
      "objective": "Why is now the right time for small business lending?",
      "structure": "The Context (Trends) -> The Trigger Event -> The Window of Opportunity",
      "confidence": 0.6,
      "description": "Create temporal urgency by proving that the window of opportunity is opening or closing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}