You’re in the business of caring for people. Live Oak Bank understands that mission. The nation’s aging population indicates the need for home care services, especially since most seniors prefer to be cared for in their own home rather than in a medical environment. If you’re looking to start or expand your business, our team will work with you to outline the home care loan solution that best fits your needs.
We understand that you have invested time and energy into your business and we are committed to guiding you every step of the way, so you can get back to making a difference in people’s lives and serving our nation’s growing senior population.
Our financing solutions include acquisition and expansion. Acquiring an existing home care business eliminates the need for intensive hiring and training of staff, meaning you can focus on adding immediate value to the company through marketing, operations and physical improvements. You will also obtain a roster of clients and caregivers along with procedures, systems and software you can use to scale your business. In addition, if you need more space to accommodate your staff and business needs, an expansion may be the answer. By expanding, you are investing in your business and fostering growth. Expansions typically create more immediate returns because of your experience and because you are expanding a known brand in a nearby community. Your office staff, referral sources and caregiver recruiting channels have already been established. No matter what your business goals are, we have home care loans that can fit your needs.
Need a little guidance and advice? Contact a loan specialist, they're ready to help.
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