logo

Video encyclopedia

Live Oak Bank

3:25

Accounting Practice Financing: HLM Financial Group

1:10

Police arrest Live Oak bank robbery suspect

2:49

Government Contract Financing: Lumbee Tribe Enterprises, LLC

3:17

Craft Distillery Financing: 10th Mountain Whiskey & Spirits

3:02

Jeff Clark of Live Oak Bank at Craft Beverage Expo 2015

Live Oak Bank is a direct bank headquartered in Wilmington, North Carolina. It is a subsidiary of Live Oak Bancshares, Inc., a bank holding company. The bank specializes in originating business loans that are guaranteed by the Small Business Administration (SBA) to companies in 16 specific industries. Along with Wells Fargo and U.S. Bancorp, it is one of the largest originators of loans guaranteed by the SBA. The company typically sells 90% of its loans, including the portion guaranteed by the SBA. The company does not have any branches but has offices in North Carolina, Florida, Georgia, and California. The company owns three jets, which have been referred to as "branches that fly".
Explore contextually related video stories in a new eye-catching way. Try Combster now!