Live Oak Bank Alternatives

Names the self-funded searcher as its customer on a page of its own, quotes its spread over prime, and targets a term sheet 24 to 48 hours after full documentation, for a fast second offer to price against.

Two of the bankers who built Live Oak's search practice, now funding business purchases up to $8 million with goodwill financed and seller paper structured in.

For buyers in or near its branch footprint, where it reports leading 7(a) counts across nine states.

A second branchless SBA bank for the comparison term sheet, which also writes SBA Express loans and lines to $500k with credit decisions in as little as 48 hours.