Here are three highlights:
1. eLending, enabled by Live Oak Portal technology, is a team within Live Oak that helps expedite the loan process for amounts between $75,000 and $350,000.
2. This expanded loan offering is a way for small business owners to have access to additional capital, enabling continuous business growth. With Portal technology, new customers and existing borrowers can apply for a smaller loan amount in a streamlined and transparent way.
3. Features for the expedited loans include:
- Minimal collateral requirements
- Approvals within 48 hours of receiving documents
- Flexible, minimal equity
- Fast closings (generally within 30 days)
- No prepayment penalties
- 10+ year terms, dependent upon loan purpose
- Competitive rates
- Capped closing costs
More articles on transactions & valuation issues:
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AmSurg net revenue reaches $704M — 15 key points on Q4, 2015 results
5 notes about University of Minnesota Health’s new outpatient center
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.