Live Oak Bank
in the United States 🇺🇸
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About Live Oak Bank in the United States
Live Oak Bank is a digitally-focused commercial bank specializing in small business lending across the United States. Headquartered in Wilmington, North Carolina, the bank operates as a branchless, digital-first institution serving small and medium-sized businesses nationwide. As of 2024, Live Oak Bank has approximately $14.6 billion in assets and is a publicly traded company on the New York Stock Exchange under the ticker symbol LOB.
The bank is particularly renowned for its industry-specific lending approach, focusing on specialized sectors such as veterinary practices, dental offices, healthcare facilities, hospitality businesses, and more than 35 other niche industries. Live Oak Bank consistently ranks as one of the top Small Business Administration (SBA) 7(a) lenders by dollar volume in the United States.