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Live Oak Bancshares calls on consumers to reconsider using high interest credit cards for major expenses, instead promoting its Live Oak Express Loan as a smarter financial solution.
The company emphasizes that its Express Loan offers lower rates, structured repayment terms, and dedicated lender support. Customers are encouraged to connect with a lender and fill out an inquiry form to explore the benefits and cost savings of switching from high interest debt to tailored banking products.
Earlier this year, Live Oak Bancshares reported that 34 percent of small businesses saw sales decline, while 24 percent posted gains. The company has also leveraged its industry expertise to expand self storage lending activity. These efforts reflect a continued focus on tailored financial solutions for borrowers.