Record #:

30213

Author(s):

Maurer, Kevin

Abstract:

Live Oak Bank, based in Wilmington, North Carolina, is a nontraditional bank that has no branches, no tellers or ATMs. Instead, the bank focuses almost entirely on United States Small Business Administration (SBA) loans. Neil Underwood discusses how Live Oak has used software and technology to become successful.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 36 Issue 6, June 2016, p62-65, il, por

Subject(s):

Bankers; Banks and banking--Wilmington; Small Business Administration