Live Oak Bank is a niche commercial bank providing growth capital to lower-middle market and middle market sized businesses nationwide. Our middle market lending team focuses on lending to strong, cash flow-based businesses historically in non-cyclical, low capital intense industries with recurring revenues.

Regardless of tangible collateral values, Live Oak’s sponsor finance lending group can provide your business the capital it needs. Whether you are pursuing growth through acquisitions, seeking assistance in an ownership transition, or simply looking for a bank that understands your service-based business — we can support your goals. Here’s an overview of our qualifiers.

Typical Customer Profile

EBITDA from $2 million to $15 million
Less than $100 million in revenues
$5 million to $35 million in debt facilities
Sponsor and non-sponsor led transactions

Preferred Business Attributes

Committed management team
Strong cash flow generation
Recurring revenues
Diversified customer base
Non-cyclical industries

Loan Structures

Term loans
Revolving lines of credit
Delayed draw term loans: M&A and development
Unitranche debt facilities

Transaction Types

Mergers and acquisitions
Partner buyouts
De novo development
Refinance
Working capital
Recapitalizations

We help you achieve more

We’re on a mission to be America’s small business bank. Our deep knowledge and product expertise help us match you with the best solution to meet your unique needs. We’re proud to invest in America’s business owners because your drive drives us.

Sponsor Finance - Recently closed deals

Fraud Management Services$21 Million

Cryostorage Services$14 Million

Dog Daycare & Boarding$6 Million

Digital Advertising$22 Million

HVAC Services$30 Million

Broadband$8 Million

Landscaping Services$19 Million

DSO Platform$25.2 Million

DSO Platform$21 Million

Marketing Incentives Provider$25 Million

Online Continuing Education$14 Million

Automotive Aftercare$35.2 Million

Insurance Agency$28 Million

DSO Platform$26 Million

Insurance Agency$4.7 Million

Our Middle Market Team
understands your business

From our Middle Market Resource Center

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