Skip to main content

Live Oak Bank Named USDA Commercial Lender of the Year

Written by Customer Service on . Posted in Public Companies.

WILMINGTON, N.C., Nov. 13, 2019 (GLOBE NEWSWIRE) — Live Oak Bank has been named the 2019 Commercial Lender of the Year by the U.S. Department of Agriculture Rural Development.  
Live Oak was presented the award on October 22nd for being the highest volume lender nationwide for the USDA’s loan guarantee programs, encompassing the Rural Energy for America Program (REAP), Business & Industry (B&I), Community Facilities (CF) and Water and Environmental Programs (WEP). The award was presented by USDA Deputy Under Secretary DJ LaVoy at the National Rural Lender’s Association Conference in Washington, D.C.“Live Oak Bank is proud to serve American small business owners who are vital to our country’s economy,” said Jordan Blanchard, EVP of specialty finance at Live Oak. “The USDA’s programs help companies in America’s rural communities grow and prosper, and we are honored to serve entrepreneurs across our country by giving them a better way to thrive financially.”To learn more about Live Oak’s lending services, visit www.liveoakbank.com. About Live Oak Bank
Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc. (Nasdaq: LOB), is a digitally focused, FDIC-insured bank serving customers across the country. Live Oak brings efficiency and excellence to the banking process, without branches, by using a focused approach to technology and innovation. To learn more, visit www.liveoakbank.com.Contact:
Claire Parker, VP Corporate Communications
910.597.1592
claire.parker@liveoak.bank 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.