Small Business Loans
Live Oak® Express
Loans for small business owners who need funds fast.
With Live Oak’s competitive rates and terms, you can expect a streamlined application process and personalized service. Apply for a small business loan and receive a decision quickly.
Working Capital
Equipment purchase
Debt refinance
Onboarding new staff
Other non-real estate purposes
Connect
Connect with our team to discuss current working capital needs and complete a streamlined application.
Decision
Efficient underwriting and credit decision process.
Closing
Expedited closing process with digital documentation.
Servicing
Once your loan closes, access full details of your loan using Live Oak's online banking.
Pros and Cons of a Business Credit Card vs. Business Loan
For small business owners, access to adequate capital can make or break you. In fact, 38% of small businesses fail due to lack of capital. But not all capital is created equal — finding the right source of funding should be a top priority. There are various solutions for small business loans and we’re highlighting two common sources: business loans vs. business credit cards.
Can I Have Multiple Business Bank Accounts?
A dedicated business bank account is a must-have for any small business owner. Keeping your business and personal finances separate is essential but separating your business finances into multiple accounts may benefit your business too. There are no laws against having more than one business bank account and the pros out weigh the cons. However, every small business is unique, and it’s up to you to determine what type of accounts may suit your business best. We’re highlighting some key considerations when operating out of multiple business bank accounts.
Five Tips to Increase Revenue for Your Business
Small business owners can aim to increase revenue with a well-planned strategy. Identify opportunities to level up your knowledge, create operational efficiencies and set attainable goals to benefit your bottom line. Here are some actionable tactics to increase revenue for your small business.