Live Oak Bank Surpasses $500 Million in Renewable Energy Loans
|WILMINGTON, N.C., June 14, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank has reached a milestone in closing over 100 renewable energy loans in just a year and a half, providing more than $500 million in financing to renewable energy project developers nationwide.
Live Oak is the largest USDA Rural Energy for America (REAP) lender in the nation and the second largest USDA Business and Industry Program Lender in 2017, according to data from the USDA, and made its first renewable energy loan in 2016.... |
Live Oak Bank Surpasses $100 Million in Insurance Loans
|WILMINGTON, N.C., May 31, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank has reached a milestone in closing more than $100 million in financing to the insurance industry nationwide including retail agents, managing general agencies, and third-party administrators.
Live Oak is one of the top insurance lenders in the country, according to data from the Small Business Administration, and has been lending to the industry since 2015.
The team is led by General Manager Kelly Drouillard, CPCU, ... |
Live Oak Bank Announces Ryan Furstenau and John Randall Join Mergers & Acquisitions Team
|WILMINGTON, N.C., May 30, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank announces Ryan Furstenau and John Randall will serve as a senior loan officers for the bank’s mergers and acquisitions team. Furstenau and Randall will specialize in business acquisitions, real estate equipment and partner buyouts.
“Ryan and John are exceptional additions to our M&A team. Selling or merging a business is incredibly complex and their strengths in helping customers navigate the M&A process will be an ass... |