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
