RCN Capital
RCN Capital is a nationwide private direct lender founded in 2010, providing short-term and long-term real estate investment loans ($50K-$2.5M+) to individual investors and wholesale broker partners across the United States, with loan programs covering fix-and-flip, rental, multifamily, and new construction financing.
- Company typePrivate
- Founded2010
- HeadquartersSouth Windsor, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What RCN Capital does
RCN Capital is a nationwide, private direct lender founded in 2010 and headquartered in South Windsor, Connecticut, providing short-term and long-term commercial real estate financing to real estate investors. The company originates loans ranging from $50,000 to over $2.5 million across four core loan programs: Fix & Flip Financing (short-term purchase and rehab), Long-Term DSCR Rental Financing (typically 30-year terms), Multifamily Financing (5+ unit apartments), and New Construction Financing (ground-up construction). Loan underwriting is asset-based, focusing on property cash flow rather than borrower W-2 income, enabling approvals for non-traditional borrowers who cannot access conventional bank financing.
The company's technology infrastructure centers on the BLN Software platform, acquired in February 2025 from Bridge Loan Network, LLC. BLN is a cloud-based loan origination and management system that is white-labeled to broker and correspondent lending partners, providing end-to-end processing from application through closing, including credit reports, background checks, and documentation collection. Supporting tools include the exclusive Rehab Budget Builder (web-based ROI and scope-of-work calculator with regional labor cost data) and the Amplify training platform (free self-guided education for wholesale partners). RCN also co-publishes the quarterly Investor Sentiment Index with CJ Patrick Company, positioning the firm as an industry thought leader.
RCN Capital generates revenue through interest income on its loan portfolio, broker referral fees (compensation based on yield spread, points, and fees on originated loans), and correspondent lending revenue (yield spread premiums with tiered volume-based rebates). Distribution operates through three channels: direct retail lending to investors, the Broker Referral Program for licensed real estate brokers, and the Correspondent Lending Program providing capital and back-office support to independent lenders. The company employs 101-250 people across headquarters in South Windsor, CT, and regional offices in Los Angeles and Charlotte. Recent capital activity includes the April 2025 issuance of a $28.5 million investment-grade corporate note to fund portfolio growth.
RCN Capital firmographics
Firmographics- Name
- RCN Capital
- Legal name
- RCN Capital, LLC
- Website
- https://rcncapital.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- RCN Capital is a nationwide private direct lender founded in 2010, providing short-term and long-term real estate investment loans ($50K-$2.5M+) to individual investors and wholesale broker partners across the United States, with loan programs covering fix-and-flip, rental, multifamily, and new construction financing.
- Ownership category
- akta.pro rank
RCN Capital industry classification
Industry- Product category
- Private Commercial Real Estate Lending
- NAICS
- Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Short-Term Business Credit Institutions (6153), Mortgage Bankers & Loan Correspondents (6162), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Balance-Sheet / Portfolio CRE Lending (FSALADAG)
- akta.pro secondary industries
- Private Credit / Direct Lending (FSAAAHAG), Real Estate Private Credit (CRE Debt) (FSANADAG), Middle-Market Lending (FSANADAI), Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO) (FSAHAIAB)
Keywords
Where RCN Capital is headquartered
LocationHeadquarters
- HQ city
- South Windsor
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
RCN Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Interest Income on Loans: RCN Capital generates primary revenue through interest charged on short-term fix & flip loans, long-term DSCR rental loans, multifamily loans, and new construction loans. Loan terms range from 6-24 months for bridge/fix & flip products, with longer terms for rental and multifamily financing.
- Broker Referral Fees: Compensation to brokers based on yield spread, points, and fees on originated loans. Fees are clearly disclosed on commitment letters and included on HUD settlement statements.
- Correspondent Lending Revenue: Revenue from correspondent lending partners through yield spread premiums and fees on loans originated through the white-labeled platform. Partners receive tiered rebates based on quarterly loan production volume.
- Corporate Note Issuance: RCN Capital issued a $28.5 million investment-grade corporate note in April 2025 to fund growth and support real estate investors across the United States.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Fix & Flip Financing - Short-term financing for purchase and rehab of non-owner occupied properties |
| Other | Monthly | Long-Term DSCR Rental Financing - For investors holding properties for rental income |
| Other | Monthly | Multifamily Financing - For 5+ unit apartments |
| Other | Pay-as-you-go | New Construction Financing - Ground-up construction projects |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
RCN Capital product offering
Product offeringCore offering
RCN Capital is a nationwide direct private lender providing short-term and long-term commercial real estate investment loans ranging from $50,000 to $2.5 million+. The company originates Fix & Flip, Long-Term DSCR Rental, Multifamily (5+ units), and New Construction loans to real estate investors, distributed through both direct retail lending and wholesale broker/correspondent channels using proprietary BLN Software origination technology.
Product overview
RCN Capital is a nationwide private, direct lender established in 2010 offering retail and wholesale lending options for real estate investors. The core product portfolio includes four loan programs: Fix & Flip Financing (short-term purchase/rehab loans), Long-Term Rental Financing (DSCR-based), Multifamily Financing (5+ units), and New Construction Financing. The company also offers a white-labeled correspondent lending program and broker referral program for wholesale partners. Following the 2025 acquisition of BLN Software (Bridge Loan Network), RCN now provides integrated Loan Origination and Loan Management Systems through a cloud-based platform. Supporting resources include the Amplify training platform, Rehab Budget Builder calculator tool, and a preferred vendors network.
Differentiator
Problem solved
Functional benefit
Products and services
- Fix & Flip Financing Short-term bridge/hard money loans for the purchase and rehabilitation of non-owner-occupied investment properties, typically with 6-24 month terms and asset-based underwriting based on After Repair Value (ARV).
- Long-Term Rental Financing Long-term financing for buy-and-hold rental property investors, qualified on Debt Service Coverage Ratio (DSCR) based on property cash flow rather than borrower W-2 income. Typically 30-year terms with LTVs up to 75-80%.
- Multifamily Financing Both short-term and long-term financing options for 5+ unit apartment properties.
- New Construction Financing Short-term financing for ground-up construction projects, with funds typically disbursed via draw schedules.
- Broker Referral Program Wholesale program offering licensed real estate brokers referral compensation based on yield spread, points, and fees on originated loans. Includes 24-hour pre-approvals, broker protection, white-labeled marketing materials, and access to BLN Software loan management.
- Correspondent Lending Program Fully white-labeled loan origination program for independent lenders, providing RCN Capital's capital and back-end operational support (dedicated loan officers, processors, closing specialists). Includes the Accelerated Launch Program and volume-based Executive Advantage Program with tier rebates.
Quantifiable outcome
- Closing timeline of as few as 10 business days
- +2 more outcomes
Companies that use RCN Capital
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
RCN Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
RCN Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BLN Software (Bridge Loan Network, LLC)coreRCN Capital acquired BLN Software, a provider of Loan Origination and Loan Management Systems for the private lending industry. The acquisition enhances RCN Capital's software offerings and supports growth for wholesale clients. BLN Software provides cloud-based loan origination capabilities that RCN now offers white-labeled to broker and correspondent lending partners.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
RCN Capital competitors and assessment
Company assessmentDirect peers
- Toorak Capital Partners: One of the largest U.S. private lenders to residential real estate investors, offering bridge, fix & flip, rental, and SFR portfolio loans. Directly comparable to RCN Capital as both are recognized major players in the same product category and target borrower base.
- Churchill Real Estate: Private lender offering short-term bridge, fix & flip, rental, and construction loans to real estate investors nationwide. Same product set, same customer segment, and named alongside RCN as a major player in the 2025 private lending industry.
- Kiavi: Tech-enabled direct lender focused on fix & flip and rental financing for real estate investors, with a national footprint and online origination. Comparable to RCN in customer base and core product offering, with an emphasis on digital origination similar to RCN's BLN platform.
- Lima One Capital: Private balance-sheet lender providing fix & flip, rental, multifamily, and new construction financing to real estate investors. Directly competes with RCN across the same four core loan programs and similar asset-based underwriting philosophy.
- Anchor Loans: One of the largest fix & flip lenders in the U.S., specializing in purchase and renovation financing for residential investors. Comparable to RCN in product focus and customer base, with similar asset-based underwriting and short-term bridge loan structures.
- CoreVest Finance: Private lender focused on residential investment properties, offering DSCR rental loans, bridge, and SFR portfolio financing. Directly overlaps with RCN's long-term DSCR rental and multifamily products for similar investor borrowers.
- Angel Oak Mortgage Solutions: Non-QM and investor-focused lender offering DSCR, fix & flip, and rental property loans. Comparable to RCN's long-term DSCR and short-term fix & flip programs for non-owner-occupied investor borrowers.
- Akrevia Home Lending: Private lender providing fix & flip and rental property financing to residential real estate investors. Directly competes with RCN in the short-term bridge and DSCR rental loan categories for similar investor customers.
Broad incumbents
- NewRez (formerly New Penn Financial): Large national mortgage company offering conventional and non-QM residential loans through retail and wholesale channels. Overlaps with RCN's correspondent lending and broker referral programs as a broader mortgage industry incumbent, but not focused on the same asset-based investor niche.
Emerging players
- Patch of Land: Online marketplace and direct lender for real estate investment financing, particularly fix & flip and rental loans. Comparable to RCN in product offering and customer segment but at a smaller scale than RCN's nationwide footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
RCN Capital social profiles
Digital presenceRCN Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
RCN Capital leadership team
Management profileNumber of profiles
Profiles4 records
RCN Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
RCN Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RCN Capital M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RCN Capital
What does RCN Capital do?
RCN Capital is a nationwide direct private lender providing short-term and long-term commercial real estate investment loans ranging from $50,000 to $2.5 million+. The company originates Fix & Flip, Long-Term DSCR Rental, Multifamily (5+ units), and New Construction loans to real estate investors, distributed through both direct retail lending and wholesale broker/correspondent channels using proprietary BLN Software origination technology.
Is RCN Capital a public or private company?
RCN Capital is a private company. It is classified as unknown and is currently operating.
When was RCN Capital founded?
RCN Capital was founded in 2010. It employs 101 to 250 people.
Where is RCN Capital based?
RCN Capital is headquartered in South Windsor, United States, in the North America region.
How does RCN Capital make money?
Four revenue lines are on record. Interest Income on Loans are the primary driver. The others are broker Referral Fees, correspondent Lending Revenue and corporate Note Issuance.
Who are RCN Capital's main competitors?
Direct peers on record are Toorak Capital Partners, Churchill Real Estate, Kiavi, Lima One Capital, Anchor Loans, CoreVest Finance, Angel Oak Mortgage Solutions and Akrevia Home Lending. NewRez (formerly New Penn Financial) is listed as a broad incumbent. Patch of Land is listed as an emerging player.
Does RCN Capital have an API?
No public API is recorded for RCN Capital.
What industry is RCN Capital in?
RCN Capital's product category is Private Commercial Real Estate Lending. Its primary akta.pro industry code is FSALADAG, Balance-Sheet / Portfolio CRE Lending, with a secondary code of FSAAAHAG, Private Credit / Direct Lending. Its NAICS code is 522292 and its SIC code is 6153.