| COMPANY PROFILE |
Live Oak Bank
Banking on Kansas Agents
Tell us about Live Oak Bank:
Live Oak Bank was founded in 2008 to provide small business loans to
professionals across the country seeking to start or expand their businesses.
Our Insurance industry division focuses on agents, MGAs, wholesalers and
program administrators. We offer 10 year loans from $75,000 up to $5,000,000
at attractive rates.
Insurance Expertise: Our lending team has extensive experience working in the
insurance industry. We understand your business.
Cash Flow Lenders: The asset of an insurance agency is the book of business.
Use of Loan Proceeds: Acquisition, Refinance, Working Capital, Real Estate.
Competitive Rates and Terms: Typical agency acquisition without real estate
would have a 10 year term, rate between 5% - 6%, and no prepayment penalty.
Longer terms are available for real estate loans.
Preferred Lender with the SBA: Experience an efficient process that provides fast
closings and funding. Most loans close within 60 days.
Kelly Drouillard
Live Oak Bank
Headquarters:
Wimlington, NC
Year Established:
2008
Years in Kansas:
8 years
What areas does
Live Oak Bank
serve?
All 105 counties in Kansas
What brought Live Oak Bank to Kansas?
Live Oak Bank has been lending nationwide since 2008. Our insurance
lending division supports agents in Kansas and across the U.S.
What makes Live Oak Bank unique?
Competitive rates. Loan terms that let you maintain strong cash flow. Lenders
who are small-business experts. Welcome to Live Oak Bank, your trusted
finance choice. Live Oak Portal technology simplifies the loan process from
application through funding, with real-time transparency so you know what’s
happening through every step.
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KANSAS INSURANCE AGENT & BROKER |MAY - JUNE 2016|
How to get an
appointment with
Live Oak Bank
Call or email Kelly Drouillard
913.980.7773
[email protected]