BRIEF-Ibusiness Funding A Division Of Ready Capital Corporation, Enters Definitive Agreement To Acquire Funding Circle USA

Reuters06-25

June 24 (Reuters) - Funding Circle Holdings PLC :

* IBUSINESS FUNDING, LLC, A DIVISION OF READY CAPITAL CORPORATION, ENTERS DEFINITIVE AGREEMENT TO ACQUIRE FUNDING CIRCLE USA (FC USA), INC. AND RETURN FUNDING CIRCLE'S NEWLY ACQUIRED SBLC LICENSE TO THE SBA

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