Live Oak Bank Surpasses $350 Million in Self-Storage Loans
Live Oak Bancshares, Inc. (LOB)
Last live oak bancshares, inc. earnings: 4/22 04:45 pm
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Source: GlobeNewswire
WILMINGTON, N.C., Jan. 29, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank (“Live Oak”) has reached a milestone in closing its 165th self-storage loan in December 2017 providing more than $350 million in loans to self-storage company owner-operators nationwide. Live Oak was the largest self-storage lender in the nation in 2016, according to data from the U.S. Small Business Administration (SBA), and made its first self-storage loan in 2015. Led by self-storage industry veteran, Terry Campbell, Live Oak’s team offers financing for acquisitions, expansion of existing facilities, new construction, refinancing of current debt and renovation from $75,000 to $7.5 million. “After only two and a half years from closing our first loan, we are excited to have passed the $350 million mark of lending to self-storage owners,” said Campbell. “Our team is honored to play a role in the success of many self-storage owners by financing their new projects, expansions, and acquisitions. Our business model an
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- Live Oak Bancshares (LOB) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Live Oak Bancshares, Inc. Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Live Oak Bancshares, Inc. Reports First Quarter 2024 ResultsGlobeNewswire
- Live Oak Bancshares, Inc. Announces Date of First Quarter 2024 Financial ResultsGlobeNewswire
- Live Oak Bancshares, Inc. (NASDAQ: LOB) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $47.00 price target on the stock.MarketBeat
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- 4/24/24 - Miss
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- 4/5/24 - Form DEFA14A
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