Live Oak Banking Company

This is a financial institution offering SBA loan programs and small business financing solutions. You can find information about loan options, application processes, and support services tailored for small businesses.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability.

Live Oak Banking Company's Customer Success Managers are available Monday through Friday, 8:00 a.m. to 11:00 p.m. EST. Confirm specific hours and after-hours options directly with the bank.

There are no fees for accessing basic information, but loan processing and application fees may apply depending on the loan type and terms.

This institution primarily serves small business owners and entrepreneurs, with services available to clients nationwide who meet lending criteria.

A minimum personal credit score of 620 is generally required for guarantors applying for SBA loans.

The underwriting process typically takes between 30 to 45 days, depending on the completeness of your application and documentation.

Most banks keep weekday business hours and are closed on weekends, and Live Oak Banking Company typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Live Oak Banking Company to confirm current weekend availability before you go.

Live Oak Banking Company is located in North Carolina — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Live Oak Banking Company, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Live Oak Banking Company itself, which runs its own lending under its own ownership. If you work at Live Oak Banking Company, you can claim this listing from this page to manage it.

The core details for Live Oak Banking Company — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Live Oak Banking Company before applying. If you represent Live Oak Banking Company, claim this listing to keep its information up to date.

You can reach Live Oak Banking Company at (866) 518-0286 or submit a form for a loan specialist at liveoak.bank/get-started/form-contact-loan-specialist/. Confirm current contact methods with the bank.

Based on its approved SBA loans, Live Oak Banking Company most often finances businesses in dental practices, veterinary services, pharmacy & medical retail, construction & contractors, real estate & property management, and medical practices & clinics. This reflects Live Oak Banking Company's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Live Oak Banking Company which sectors it actively lends to before you apply.

Live Oak Banking Company offers SBA Express (Live Oak® Express) with term loans from $10,000 to $350,000, flexible repayment terms up to 10 years, no prepayment penalties, and a streamlined digital application. Confirm current terms with the bank.

Yes, Live Oak Banking Company holds SBA Preferred Lender Program (PLP) status, which allows them to approve loans in-house without SBA review, typically accelerating decisions by three to four weeks. Confirm current PLP status with the bank.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Live Oak Banking Company's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Live Oak Banking Company directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Live Oak Banking Company what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Live Oak Banking Company to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Live Oak Banking Company to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Live Oak Banking Company weighs this case by case under its own policy, so be upfront about your history and ask Live Oak Banking Company how it evaluates prior bankruptcies.