Live Oak Bank

Live Oak Bank

Small-business banking

Company Overview

Live Oak Bank allows entrepreneurs and small business owners to achieve the American Dream through high-yield deposit products and long-term financing. Live Oak, which surpassed Wells Fargo as the nation’s #1 SBA lender in 2018, helps owners navigate the complicated lending process more efficiently through innovation and technology. Live Oak, a nationwide, digital bank, is nimbly designed be more flexible. We believe in reforming the banking industry, so we test exciting technology such as real-time cores, branchless banking, and real-time security, so customers have access to capital faster and can drive the economic engine of our country.

About Live Oak Bank

HQ Location
Wilmington, NC
Founded
2008
Ownership
public
Industry
Banking/Financing

Related Franchise Content

Franchise

People Often Ask Me This One Question About Franchising. Here's What I Tell Them.

Franchising can be an incredible journey, but you must look closely at these three areas before you buy.

Franchise

Want to Own Multiple Franchise Locations? These Multi-Unit Champions Share Their Best Strategies.

Multi-unit franchise ownership is growing fast, and these strategies can help you succeed.

Franchise

How to Prepare Your Business — And Yourself — For a Smooth Exit

After decades of building your business, turning it over to someone else can be emotional. But with the right mindset and a strong plan, it can also be your proudest moment.