About Live oak bank
Live Oak Bank is a financial institution that specializes in providing small business loans and online savings and CD accounts. The bank was founded in 2008, with its headquarters located in Wilmington, North Carolina. Since then, it has grown to become one of the leading banks in the United States, serving customers nationwide.
One of the unique features of Live Oak Bank is its focus on small businesses. The bank understands that small businesses are the backbone of the American economy and therefore offers a range of loan products tailored specifically to meet their needs. Whether you are looking for working capital to expand your business or need funds to purchase new equipment, Live Oak Bank has got you covered.
The bank's lending process is designed to be fast and efficient. You can apply for a loan online or over the phone, and receive a decision within 24 hours. This means that you can get access to funds quickly when you need them most.
In addition to its lending services, Live Oak Bank also offers online savings and CD accounts. These accounts offer competitive interest rates and are FDIC-insured up to $250,000 per depositor per account type.
One thing that sets Live Oak Bank apart from other financial institutions is its commitment to technology. The bank has invested heavily in developing cutting-edge technology platforms that make it easy for customers to manage their finances online. Whether you want to check your account balance or transfer funds between accounts, everything can be done with just a few clicks.
Another key feature of Live Oak Bank is its customer service. The bank understands that every customer's needs are unique and therefore provides personalized service tailored specifically for each individual customer's needs.
Overall, if you're looking for a financial institution that understands small businesses' unique needs while offering cutting-edge technology platforms backed by exceptional customer service - look no further than Live Oak Bank!