Live Oak Bank
Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.www.liveoakbank.com
23
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14
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13
PODCASTS
Search complete. 23 mentions across 14 episodes found for "Live Oak Bank".
Nov 5, 2026
Stacey SalyerGUEST
And then we had Patrick Hurley, who's a business broker for property management companies and also a PMC owner in Tallahassee, Florida.
Stacey SalyerGUEST
And Jordan Coleman with Live Oak Bank and myself.
Stacey SalyerGUEST
And it was something I put together.
Stacey SalyerGUEST
We really wanted to do some unfiltered talk and answer questions in a real way about buying and selling property management companies.
37 MINS LATER
Stacey SalyerGUEST
I'm sure I was on a call.
Stacey SalyerGUEST
So I would be curious to see that specific presentation and then see where the data came from.
Stacey SalyerGUEST
Because again, when I'm working with people like Jordan at Live Oak Bank and people at the other banks and business brokers, that is not the information that I'm getting from them.
Pablo GonzalezHOST
Okay.
Stacey SalyerHOST
I do panels every now and then with Jordan.
Stacey SalyerHOST
with Live Oak Bank and Patrick Hurley, who is a business broker.
Stacey SalyerHOST
And there's really not a common multiple.
Stacey SalyerHOST
I would say, though, in my opinion, most property management companies, you're going to want to use the SDE method, seller discretionary earnings method.
Andrea JohnstonHOST
If you don't know Kate, I'm so happy to introduce you to her.
Andrea JohnstonHOST
She leads corporate philanthropy at Live Oak Bank.
Andrea JohnstonHOST
Kate, welcome to Fuel for Female Founders.
Andrea JohnstonHOST
Thank you for having me.
16 MINS LATER
Andrea JohnstonHOST
And I love the fact that we have a community of a lot of nonprofit leaders that share that spirit of action and that they are constantly, from what I observe... really working towards solutions, trying to introduce new things, and that companies like Live Oak are right there and part of it.
Andrea JohnstonHOST
It's also interesting to me because Live Oak has become such an important part of our community in terms of jobs and in terms of community impact.
Andrea JohnstonHOST
Tell us a little bit about Live Oak Bank as a whole and how this work fits into the mission of the bank overall.
Andrea JohnstonHOST
I mean, you're the largest SBA loaner in the country.
Austin MurrayHOST
a PMS perspective.
Austin MurrayHOST
Next up, a clip from Financing Your Pharmacy's Growth featuring Greco de Valencia, Senior Loan Officer at Live Oak Bank.
Austin MurrayHOST
They're talking about the new SBA updates and how that impacts your pharmacy acquisitions in 2027 and beyond.
Austin MurrayHOST
Here's that clip.
6 MINS LATER
Greco de ValenciaSOUNDBITE_SPEAKER
But I think Scotty, what you're mentioning is true is you've got to have your ducks in a row.
Greco de ValenciaSOUNDBITE_SPEAKER
You've got to understand like, well, what's going to be asked of me? How clean is my information? How quickly can I get it to people? And it's not like if you're a seller and you go, well, you know what? Okay.
Greco de ValenciaSOUNDBITE_SPEAKER
Hey, I'm, you know, buyer, let's go to, you know, forget Live Oak Bank, let's go somewhere else.
Greco de ValenciaSOUNDBITE_SPEAKER
Well, it doesn't matter because now it's part of the SOP.
Greco De ValenciaGUEST
And one of the biggest things the SBA did was they raised the minimum debt service coverage ratio that's required on a transaction.
Greco De ValenciaGUEST
So here at Live Oak Bank, we've always gone above that minimum.
Greco De ValenciaGUEST
Previously, the minimum was 1.15 on a debt service coverage ratio.
Greco De ValenciaGUEST
We've always tried to increase that because we understand the.
Jimmie LenzHOST
You know, Chip Mahan was our seminar speaker a couple of weeks ago.
Jimmie LenzHOST
He said Live Oak Banks has been paying, you know, close to four percent
Lee ReinersHOST
for deposits.
Lee ReinersHOST
Good for them.
Joe DownsGUEST
And lenders are different, what they base their spread off.
Joe DownsGUEST
7A, most of our folks, we're using Live Oak Bank.
Joe DownsGUEST
So I think they're basing it off.
Joe DownsGUEST
Don't quote me on this.
Joe DownsHOST
You need a new borrower, a borrower, let's say it that way.
Joe DownsHOST
A borrower needs a credit score of over 750 to get a loan, an SBA loan from Live Oak Bank.
Joe DownsHOST
False.
Joe DownsHOST
Is false.
Anne MinoGUEST
missing? So track record of borrowing money and paying it back is important.
Anne MinoGUEST
And then we want to see that you've got outside income.
Anne MinoGUEST
This is specific to LIBOC and how we treat self-storage loans.
Anne MinoGUEST
We want to see that you've got outside income that's twice your household debt.
Rob KaleGUEST
That's an amazing thing to present to the market and also a reason why we got so many offers and quicker offers.
Rob KaleGUEST
still the buyer has to do their own QOV, or the bank has to do, this is not an SBA deal, but the buyer's gonna do their own QOV, and the seller's like, wait, why did I pay that? So one point, that was a great takeaway from this CAB conference yesterday, the California Association of Business Brokers, and I think this was someone from Live Oak Bank who said this little nugget that I think was a good thing to say is that, okay, even if the seller pays 15 grand for a QOV coming to market, It's money well spent.
Rob KaleGUEST
That is worth six figures of saving headaches and your transaction enterprise value down the line.
Rob KaleGUEST
So if I present it that way to sellers, more might get it.
ConnorHOST
And it ended up not turning out well for so many folks today where, I mean, this is another thing we can touch on is this dynamic where so much debt is coming due with these higher interest rates and the opportunities that that's creating for, for all these individuals out there.
ConnorHOST
And we just had our self-storage income live event there in Wilmington with Live Oak Bank folks.
ConnorHOST
And man, just had some really great insights from whether it was Franklin Street or was Live Oak talking about these market dynamics and the opportunities and the risks.
ConnorHOST
And that exact situation where you have so many current owners, developers, whatever, out there who had got in at that point in time and, you know, early 2020s, and they are having to either try to sell.
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