Live Oak Bank – Your Pharmacy Financing Partner
We at Hayslip Pharmacy Brokers are pleased to announce a financing program with Live Oak Bank that enables you to borrow funds between $75,000 and $5 million for purchasing a pharmacy. Live Oak specializes in lending to pharmacies with a competitive loan product, a dedicated pharmacy lending team and the commitment to make quick loan decisions. The bank has funded over $600MM to more than 600 pharmacies since its 2010 entry in the industry.
About Live Oak Bank
- Pharmacy Expertise: Lending team that has extensive experience working in the pharmacy industry.
- Cash Flow Lenders: We understand valuing tangible and intangible assets in pharmacy
- Use of Loan Proceeds: Acquisition, Refinance, Working Capital, Real Estate
- Competitive Rates and Terms: Typical acquisition without real estate would have a 10 year term, rate between 5% – 6%, and no pre-payment penalty. Longer terms available for real estate loans
- Preferred Lender with the SBA: Our lending process ensured an efficient process that provides for fast closings and funding. Most loans close within 60 days.
- Business Advisory Group: Even after loan closing, you’ll have a dedicated relationship manager always directly available to you. We’re with you for the life of the loan.
Simplifying the Loan Process
Competitive rates. Loan terms that let you maintain strong cash flow. Lenders who are small-business experts. Welcome to Live Oak Bank, your trusted finance choice. Live Oak Portal technology simplifies the loan process from application through funding, with real-time transparency so you know what’s happening through every step.
For More Information
Hayslip Pharmacy Brokers Inc. customers can contact Mike Bollinger, Pharmacy Loan Expert, for additional information at mike.bollinger@liveoakbank.com or 504.453.9726. Or, click here to get prequalified today!
*This loan program is for Hayslip Pharmacy Brokers Inc. customers only. It is not available to prospects or members of the public. Live Oak Banking Company is a separate entity from Hayslip Pharmacy Brokers Inc.
© 2016 Live Oak Banking Company. All Rights Reserved. Member FDIC