# Live Oak Bank

Source: https://businessloanbroker.ai/lenders/live-oak-bank/
Site: BusinessLoanBroker.ai (powered by Levr)

> Live Oak Bank lends SBA, conventional and Live Oak Express loans to US businesses through industry teams in healthcare, veterinary, franchises and more.

Live Oak Bank is a US bank built around SBA and conventional lending to specific industries. It funds businesses through teams dedicated to healthcare, professional services, franchises, automotive care, veterinary practices and other sectors, and it also offers a faster product called Live Oak Express and USDA lending for rural projects.

## Key facts
- **Products:** SBA loans, conventional business loans, Live Oak Express; USDA lending also offered
- **Company type:** Bank
- **Operates in:** United States
- **Industry teams:** Healthcare, professional services, franchises, automotive care, veterinary and more
- **Funding range:** Not published; SBA 7(a) is capped at $5 million by program rules
- **Website:** liveoak.bank

## What does Live Oak Bank offer?

Live Oak offers [SBA loans](https://businessloanbroker.ai/business-loans/sba-loans/), conventional business loans and Live Oak Express, a smaller and quicker product. The bank is organized by industry rather than by geography, so a veterinarian, a dentist, a franchisee or an accountant deals with a team that has financed dozens of similar businesses. Common uses are [acquisitions](https://businessloanbroker.ai/business-loans/business-acquisition-loans/), partner buyouts, expansions and owner occupied real estate. Its wider website also covers USDA lending for eligible rural businesses.

## Who does Live Oak Bank fund, and who do they decline?

Live Oak funds US businesses that fit one of its industry verticals and that meet SBA or bank standards. The profile recommends starting with your industry, the purpose of the transaction and the structure you prefer, because program availability depends on the bank's review of the specific deal.

It does not publish minimums or decline criteria. Expect it to want historical financials, an explanation of repayment capacity and owner information, and to decline deals outside its verticals or with weak cash flow. A business that needs a smaller SBA loan quickly should compare [Newity](https://businessloanbroker.ai/lenders/newity/), which caps SBA 7(a) at $350,000.

## What does it typically cost and how fast is it?

Live Oak does not publish rates or fees on the profile; pricing is quoted per file within SBA caps for SBA loans and at bank rates for conventional loans. Our [SBA 7(a)](https://businessloanbroker.ai/business-loans/sba-7a-loans/) page gives the typical range, which is usually the cheapest money a smaller business can access. SBA timelines are measured in weeks; the Express product is designed to be faster. Our [how long it takes](https://businessloanbroker.ai/guides/how-long-it-takes/) guide sets expectations.

## What will you need to apply?

Prepare three years of business and personal tax returns, year to date financials, a debt schedule, a sources and uses schedule for the project, ownership information, personal financial statements and a short explanation of repayment capacity. For acquisitions, add the target's financials and the purchase agreement. Our [document checklist](https://businessloanbroker.ai/guides/document-checklist/) lists everything.

## How does Live Oak Bank compare with similar lenders?

[Huntington Bank](https://businessloanbroker.ai/lenders/huntington-bank/) is an SBA Preferred Lender with 7(a), Express and 504 loans plus conventional credit and dental and veterinary practice lending, so it overlaps on practice deals and adds the 504 program. [Newity](https://businessloanbroker.ai/lenders/newity/) is a lender service provider for SBA 7(a) loans up to $350,000, priced at prime plus 2.75% to 3.75%, for smaller needs. Live Oak's edge is deep industry expertise on larger acquisition and expansion loans.

## How to apply

Apply once on this site and matching shows whether Live Oak Bank, or a similar lender, fits your file. You can also ask your AI assistant to collect your documents and apply for you through our [MCP server](https://businessloanbroker.ai/agents/). A profile in this directory is a market reference and does not by itself mean the lender is on our network for your file; matching shows the lenders available to you.

| Lender | Products | Funding range | Operates in | Best suited for |
|---|---|---|---|---|
| Live Oak Bank | SBA loans, conventional loans, Live Oak Express | Not published | United States | US businesses in an industry Live Oak specializes in, buying or expanding |
| Huntington Bank | SBA 7(a), Express, 504; term, real estate, lines | Not published | United States | US owners wanting bank priced SBA or conventional loans, including practice buyers |
| Newity | SBA 7(a) loans, term loan | SBA 7(a) up to $350,000; specialist programs to $1,000,000 | United States | US businesses at least two years old seeking low rate SBA backed financing |

## Questions and answers
**Which industries does Live Oak Bank lend to?**

Its published teams cover healthcare, professional services, franchises, automotive care and veterinary businesses, among others. If your industry is not on its list, a generalist bank or Newity may be a better route.

**What is Live Oak Express?**

A smaller, faster loan product listed alongside the bank's SBA and conventional loans. The profile does not publish its limits, so confirm amounts and terms directly.

**Does Live Oak offer USDA loans?**

Yes. The profile notes USDA lending on the bank's wider website, which can suit eligible businesses in rural areas.

## Related
- [Huntington Bank](https://businessloanbroker.ai/lenders/huntington-bank/)
- [Newity](https://businessloanbroker.ai/lenders/newity/)
- [SBA loans](https://businessloanbroker.ai/business-loans/sba-loans/)
- [Business acquisition loans](https://businessloanbroker.ai/business-loans/business-acquisition-loans/)

## Apply
Apply for the business: https://apply.businessloanbroker.ai/signup?utm_source=direct&utm_medium=organic&utm_content=md-lender-live-oak-bank
MCP server for AI agents: https://mcp.businessloanbroker.ai/mcp (docs: https://businessloanbroker.ai/agents/mcp/)