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

Which Franchise Model Is Right for You? Here's How to Choose

There are thousands of brands and concepts, but franchises generally fall under two business models: "brick-and-mortar" and "service-based." Which is the best choice for you?

Franchise 500 Annual Ranking

Want to Know Which Franchise is Right For You? Follow These 4 Steps

With so many franchise opportuntiies out there, learn how to narrow the field of prospective franchises to boost your chances of success.

Franchise

Want to Become a Franchisee? Run Through This Checklist First.

From financing to legal review, we'll cover all the basics before you officially become a franchisee.