At LendingUSA, we’re always exploring new ways to serve our merchant partners and their clients. One recent example of our commitment to growth is a new partnership we forged with Live Oak Bank. This renowned institution provides small business loans at a national level, so they’re a natural fit to help us serve our funeral home merchant partners. As a result of this partnership, the funeral homes enrolled in LendingUSA will now have greater access to many of the small business loan products offered by Live Oak Bank.
Although at-need families (an industry term used to describe families who are purchasing funeral services after a death) are the obvious beneficiaries of our new partnership, funeral home owners will also have access to new options to grow their business. These may include business loans to upgrade or expand their facilities or operations.
We love Live Oak’s mission of becoming America’s small business bank, and their customer service-oriented approach is something we strive for, too. We think our Founder and CEO Camilo Concha said it best: “Both LendingUSA and Live Oak Bank are passionate about delivering an unrivaled experience. For our funeral homes who may be in the market for a small business loan, Live Oak Bank offers incredible service, and we’re excited to share that with more small businesses. As we seek to offer more resources and better experiences, Live Oak Bank will be a critical partner.”
Read the press release here to learn more about the partnership.