About the company
Live Oak Bancshares Inc is a leading bank holding company that operates through its subsidiary, Live Oak Banking Company. With a focus on providing lending and deposit-related services to small businesses across the nation, the company has established itself as a prominent player in the banking industry. Live Oak Bancshares Inc differentiates itself from other financial institutions by its expertise in lending to credit-worthy borrowers within specific industries, also known as verticals. By leveraging their knowledge and understanding of these industries, the company is able to tailor their lending services to meet the unique needs and requirements of businesses operating within these sectors. In addition to its specialization within specific industries, Live Oak Bancshares Inc also extends its lending services to select borrowers outside of these verticals. This allows the company to diversify its lending portfolio and cater to a wider range of small businesses in need of financial support. A significant portion of the loans originated by Live Oak Bancshares Inc are partially guaranteed by the Small Business Administration (SBA) under various loan programs. The SBA's 7(a) Loan Program, which is designed to assist small businesses in obtaining financing, plays a crucial role in facilitating Live Oak Bancshares Inc's lending activities. By participating in this program, the company is able to provide loans with favorable terms and conditions, thus supporting the growth and development of small businesses nationwide. Furthermore, Live Oak Bancshares Inc also benefits from partnerships with government agencies such as the U.S. Department of Agriculture (USDA). Through the USDA Rural Energy for America Program, Water and Environmental Program, Business and Industry, and Community Facilities loan programs, the company can offer additional financial solutions to businesses operating in rural areas or those seeking to implement energy-efficient practices. By leveraging its expertise, specialized lending services, and strategic partnerships, Live Oak Bancshares Inc has positioned itself as a preferred choice for small businesses in need of financing solutions. The company's commitment to supporting credit-worthy borrowers within specific industries, as well as its access to government-backed loan programs, sets it apart in the banking sector and reinforces its dedication to fostering the growth and success of small businesses across the nation.
Website: https://www.liveoak.bank
Data updated: June 2, 2026
