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Friday, May 16, 2008

Live Oak Lending now Live Oak Bank



Live Oak Lending is now, Live Oak Banking. Nothing has changed in management, however with the approval of FDIC, the company is now an official state chartered bank in North Carolina. Unlike commerical lenders offering financial services for a range of businesses, Live Oak Bank is focused exclusively on helping veterinarians start-up, grow or refinance their practices.

The bank is self-owned which means the most important employees are principal owners in the business. That increases the level of importance each borrower has to each bank employee. The borrowers success is truely the bank employee's success as well.

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