Podcasts about Live Oak Bank

Send us a textLisa is one of the few 2x guests on the show.  She is the head of Search Fund lending at Live Oak Bank, one of the top SBA lenders in the country, and a premier expert on loans for buying small businesses.  She also loves to work with veterans and I had her on the show to talk about why.  

Jason and Tyler discuss the importance of sound corporate governance, particularly during economic uncertainty such as tariffs. They emphasize conservative investment underwriting and evaluating management incentives. Tyler highlights two professional services firms, FTI Consulting and EXL Services, which can excel in shifting environments. Jason shares recent investments in companies like First Solar, Live Oak Bank, and QXO, and these firms' long-term potential despite current market challenges.03:27 Impact of Tariffs on Businesses10:35 Characteristics of Successful Companies22:34 Investing Strategies and Management Incentives31:09 Current Investment Opportunities*****************************************Check out Tyler's Misfit Alpha at https://www.misfitalpha.com/unscripted Follow Tyler on BlueSky: https://bsky.app/profile/misfit-alpha.bsky.social Sign up for the Investing Unscripted newsletter at InvestingUnscripted.com Subscribe to our portfolio on Savvy Trader *****************************************Email: investingunscripted@gmail.comTwitter: @InvestingPodCheck out our YouTube channel for more content: ******************************************To get 15% off any paid plan at finchat.io, visit https://finchat.io/unscripted******************************************Listen to the Chit Chat Stocks Podcast for discussions on stocks, financial markets, super investors, and more. Follow the show on Spotify, Apple Podcasts, or YouTube******************************************2025 Portfolio Contest2024 Portfolio Contest2023 Portfolio Contest

Getting a bank loan for your pet business doesn't have to feel like solving a mystery!

Learn what your outdoor hospitality business is worth and how you can maximize your value in a sale.  In this episode Connor interviews experts Bob Kaplan of NAI Outdoor Hospitality Brokers and Shari Heilala of Sage Outdoor Advisory.  Find out how your business is valued by appraisers and brokers in the current market.  Learn the strategies about maximizing the value of your business whether you are looking for a property or already operating. This episode is sponsored by Live Oak Bank.  The leaders in outdoor hospitality lending and the largest SBA lender in the country. Learn more at their website or email enquiries directly to their department head Pierce Verchick at pierce.verchick@liveoak.bank Links mentioned:NAI Outdoor Hospitality BrokersSage Outdoor AdvisoryOther links:Posh OutdoorsSchedule a call re Posh OutdoorsGlampitect North AmericaThe Glamping Insider (Nick's newsletter)

Jason and Jeff delve into an honest discussion about stocks in their portfolios. The focus is on Enphase, Live Oak Bank, Ryman Hospitality Properties, and MercadoLibre, analyzing their performance, core business operations, key performance indicators, and potential risks. They discuss their investment theses and whether they would buy these stocks today, considering current market conditions.03:56 Stock Analysis: Live Oak Bank19:13 Ryman Hospitality Properties: An Overview28:27 Post-Pandemic Business Analysis29:31 Stock Performance and Expectations31:19 Concerns and Long-Term Outlook32:22 Investment Strategy and Management Confidence34:19 The Impossible Game: Stock Evaluation36:34 Lightning Round: Enphase Energy42:11 Lightning Round: MercadoLibreCompanies mentioned: ENPH, LOB, MELI, RHP*****************************************Subscribe to our portfolio on Savvy Trader *****************************************Email: investingunscripted@gmail.comTwitter: @InvestingPodCheck out our YouTube channel for more content: ******************************************To get 15% off any paid plan at finchat.io, visit https://finchat.io/unscripted******************************************Listen to the Chit Chat Stocks Podcast for discussions on stocks, financial markets, super investors, and more. Follow the show on Spotify, Apple Podcasts, or YouTube******************************************Investing Unscripted is brought to you by Public.com* Visit https://public.com/investingunscripted *All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The 6%+ yield is the average, annualized yield to worst (YTW) across all ten bonds in the Bond Account, before fees, as of 12/13/2024. A bond's yield is a function of its market price, which can fluctuate; therefore, a bond's YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule (https://public.com/disclosures/fee-schedule). Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See Bond Account Disclosures to learn more.Alpha is an AI research tool powered by GPT-4.  Alpha is experimental and may generate inaccurate responses.  Output from Alpha should not be construed as investment research or recommendations, and should not serve as the basis for any investment decision. Public makes no warranties about its accuracy, completeness, quality, or timeliness of any Alpha out. Please independently evaluate and verify any such output for your own use case.*Terms and Conditions apply.2025 Portfolio Contest2024 Portfolio Contest2023 Portfolio Contest

Lisa Forrest with Live Oak Bank is a regular guest. Given there were only a few, but extremely important, changes in the latest SOP she shares:Tips to buyers when dealing with a bank (FYI, don't just throw a CIM or financial statements at them and ask how much they'll lend)Buyers need to look at more than the financial statements, i.e., the non-financial factorsBuyer mistakesThings sellers can do make it easier to fund (and get more)John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

Episode 249FACULTY: Shane Mason, CPA/CFPCLASS: #ShoperationsJoin us in this Shoperations episode as we learn from Shane Mason of Brooklyn FI and his venture into software. Shane shares insights into the company's growth, handling rapid expansion, and the importance of predicting the future over dwelling on the past. Discover how Brooklyn FI is navigating industry shifts, introducing new partners, and staying ahead with innovative solutions like Gemifi. Perfect for students and professionals eager to learn about financial planning, startup struggles, and the evolving landscape of tech-driven advisory services.

Send us a textWelcome to the first episode of our special series: Infusion Revolution where we discuss all things owning and operating an infusion pharmacy. From accounting and tax best practices to industry changes and trends, you can catch it all on this podcast series.On this first episode, it's all about Starting an Infusion Pharmacy 101! We sit down with Greco De Valencia, VP of Pharmacy and Senior Loan Officer at Live Oak Bank to discuss:Financial implications of entering the infusion marketUnderstanding startup costs and working capitalComplexities of starting an infusion pharmacyOpportunities in the Infusion MarketAnd more!Read and follow along at the show transcript here. Stay connected with Greco De Valencia and Live Oak Bank:  Greco's LinkedIn Live Oak Bank Website Live Oak Bank Facebook Live Oak Bank Twitter (X) Live Oak Bank LinkedIn Live Oak Bank Instagram Live Oak Bank YouTube Stay connected with us:Sykes & Company P.A.:FacebookTwitterLinkedInScotty Sykes – CPA, CFP LinkedInScotty Sykes – CPA, CFP TwitterBonnie Bond – CPA LinkedInMore resources on this topic:Video: Future-Proof Your Pharmacy: Essential Advice for 2024Podcast: Finishing The Fight: What's Next For Independent PharmacyPodcast: Startup Pharmacy “The Pharmacy” on How to be Successful

Today we have a special year-end episode of Business Breakdowns, running through some of the best ideas that were featured on the podcast. The goal of the podcast is to detail whatever business we're covering that day. But when you think about the best investors, the best business builders, they're constantly borrowing insights from the success stories that are happening around them.  We start with a high-level theme and then explore a business's life cycle, from establishing a niche with Gartner to building a culture at Live Oak to refining operations via the lens of Trane. We go through the good and bad of business transformations told through the stories of Rolls Royce and D.R. Horton. And we cover what a clean financial model looks like through Inditex. Lastly, we wrap up with management stories that are underappreciated via Motorola and Winmark. Please enjoy this Breakdowns recap.  For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Business Breakdowns (00:01:34) Hierarchy of Consumer Preferences (00:06:10) Gartner's Niche Beginnings (00:07:48) Operational Excellence at Trane (00:10:43) Understanding Customer Needs (00:11:46) Vulcan Materials: A Case Study (00:13:26) Logistics in Construction Aggregates (00:16:29) High-Touch Customer Experience at Live Oak Bank (00:19:33) Transitioning Business Models to Financial Models (00:20:18) Insights from Ed Wachenheim on Home Builders (00:22:14) The Case for Asset-Light Strategy (00:23:27) The NVR Model: A Success Story (00:24:10) Horton's Transformation (00:25:54) Rolls Royce: A Shift in Business Model (00:28:51) Financial Modeling and Long-Term Success (00:30:09) Understanding Payout Ratios (00:33:21) Greg Brown's Leadership at Motorola (00:37:13) Winmark's Unique Operational Approach (00:40:05) Matt's Wrap Up

Starting or expanding a dental or orthodontic practice is a monumental step in every orthodontist's career. But let's face it—navigating the financial side of things can feel overwhelming.From buying real estate to financing expensive equipment, the complexities of securing a loan can leave even the most ambitious practitioners scratching their heads.In this episode, I chat with Bert Smith, Senior Vice President of Healthcare Financing at Live Oak Bank, to demystify orthodontic practice financing.Bert's expertise in SBA loans and his deep understanding of the dental industry offer a roadmap for practitioners looking to own or grow their practice. He shares a lot of insider knowledge that will definitely transform how you approach financing.You will understand why conventional banks might struggle with your loan requests and how smaller banks' personalized approach works best for dental/orthodontic practices.Tune in to learn more about the world of financing and how you can make your vision a reality.Key TakeawaysIntroduction (00:00)Bert's journey - career path to Live Oak Bank (01:57)Banks' view on orthodontic practices (03:01)Traditional loan models - Financing land and buildings (10:35)How SBA loans benefit orthodontic practices (14:58)Flexibility of SBA loans (19:33)SBA vs. conventional loans interest rates (25:45)Additional Resources - Live Oak Bank Website: https://www.liveoakbank.com/- Bert Smith's Email: bert.smith@liveoak.bank- Register for the OrthoPreneurs Summit 2025: http://opsummit2025.com/- For more information, visit: https://orthopreneurs.com/- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs

App State Basketball spent Thanksgiving week in Wilmington, N.C., where the team played in the Live Oak Bank Holiday Classic, going 2-1 in the event, with wins over Sam Houston and Colgate and a loss to UNCW. We break down all three games of the event, complete with highlights and postgame reactions.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, we sit down with Jeremy Hodges, the CTO of Live Oak Bank, a digital-only small business bank. Jeremy shares his passion for customer-centric technology, his approach to balancing innovation and compliance, and the importance of addressing organizational weaknesses. Hear how Jeremy cascades his audacious vision throughout the company and empowers his teams to drive real impact. This is a must-listen for any tech leader looking to elevate their leadership game. Key takeaways from the podcast are: Jeremy's unwavering focus on delivering technology that truly serves the customer's needs is a masterclass in putting the user first. His team's deep dive into the voice of customer research – a model all tech leaders should emulate. Navigating the complex regulatory landscape of banking is no easy feat, but Jeremy has found a way to enable his teams to innovate within the guardrails, keeping roadblocks at bay. Jeremy's willingness to confront the “shadows” in his organization, both at the individual and team level, demonstrates a level of self-awareness and courage that all leaders should aspire to. Our Guest: Jeremy Hodges LinkedIn: https://www.linkedin.com/in/jrmyhdgs/ Website: http://www.jeremyhodges.com/ Intro and background music: Craig MacArthur - Power Shutoff (www.youtube.com/watch?v=x74iB_jtauw)

Entrepreneurship is a risky game, but you can significantly reduce that risk with strategic acquisitions. This method allows you to take over existing businesses that already have proven cash flows and established customer bases. Being particularly interested in acquiring a company, I talked to Lisa Forrest, an expert at Live Oak Bank, about facilitating these types of smart business moves through SBA financing. In this episode, she explains how to use these loans effectively to secure successful acquisitions and create more prosperous entrepreneurial journeys.About Lisa ForrestLisa Forrest is the Co-Director of Sponsor Finance/Searchfund Lending at Live Oak Bank with over 30 years of experience in banking. She focuses on helping small business owners with both SBA and Conventional lending. Lisa is well-known across the country for her expertise in M&A deal structuring, especially within the Searchfund community. She helps entrepreneurs buy established companies and reduce risks by finding the right financing solutions.Lisa is particularly passionate about educating and supporting the next generation of business leaders, providing resources like cash flow models and executive summaries to simplify the acquisition process. Her hands-on, approachable style makes her a trusted partner in the acquisition space.Key Insights:Develop your own acquisition criteria. Define what type of business fits your goals before looking for companies. Consider industry, size, location, and cash flow. This helps you target businesses that align with your long-term vision and reduces wasted time looking at the wrong opportunities.Use cash flow models to evaluate deals. Before committing to an acquisition, use cash flow models to assess a company's financial health. By running scenarios, you can ensure the business will generate enough income to cover debt and other expenses after purchase.Take advantage of the “Silver Wave.” Many baby boomer business owners are retiring and looking to sell. Explore industries where this is happening to find well-established businesses available at reasonable prices.Maintain financial discipline. It's important not to overpay or over-leverage when acquiring a business. Ensure the acquisition makes financial sense by carefully analyzing the business's cash flow and ensuring there is room for market shifts or operational challenges.Prepare for post-acquisition integration. You need a plan for integrating the acquired business, including merging teams, operations, and cultures. Having a clear integration strategy minimizes disruption and improves operational efficiency.Lisa's best advice for entrepreneurs:“Cash flow is gonna be king and making sure you're not overpaying for a company, and you're not overleveraging it.”Connect with Lisa Forrest:LinkedInXFollow Beyond 8 Figures:LinkedInXWebsite

On this week's episode of the Catalyst Pharmacy Podcast, we are talking to Greco de Valencia from Live Oak Bank. Dive into the world of pharmacy financing, discover strategies for evaluating potential purchases, and learn how recent industry shakeups are reshaping pharmacy values. Whether you're a first-time buyer or a seasoned owner, this episode is packed with insider tips to help you navigate the dynamic pharmacy market and seize lucrative opportunities. You won't want to miss these tips in powering your pharmacy's growth! 00:00 - Intro, Live Oak Bank's role in pharmacy lending 05:16 - Types of financing Live Oak Bank offers to pharmacies 10:20 - Key factors to consider when evaluating a pharmacy for acquisition 17:51 - The importance of working capital in pharmacy transactions 25:35 - How recent industry changes are impacting pharmacy valuations 33:00 - Prescribables Marketplace Podcast: https://www.marketplace.org/shows/marketplace/ FTC PBM Lawsuit: https://tinyurl.com/yc8756p5 Hosted By: Mark Bivins | SVP of Sales  Guest: Greco De Valencia | Senior Loan Officer & Vice President, Pharmacy at Live Oak BankLooking for more information about independent pharmacy? Visit www.pioneerrx.com

Send us a textCurious about your cash flow in the midst of chain closures? Schedule an Rx Assessment with us With Walgreens planning to close 25% of its locations over the next 3 years, many independent pharmacies will face significant cash flow challenges from underwater scripts leaving and then coming back to new scripts transferring.  In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP and Bonnie Bond, CPA join Greco De Valencia Y Sanchez as they explore:  Navigating cash flow challenges from chain closures New challenges in the buying and selling process Buy-ins and partial buy-ins ownership options Join the discussion with us! Did you like this episode? Stay up to date on new episodes by liking and subscribing!Want to read and follow along with this episode? Click here for the transcript Stay connected with Greco and Live Oak Bank:  Greco's LinkedIn Sign Up for the Express Loan Live Oak Bank Twitter (X) Live Oak Bank Facebook Live Oak Bank Instagram  Live Oak Bank LinkedIn Live Oak Bank Website  Live Oak Bank YouTube Stay connected with us:Facebook Twitter (X) LinkedIn Instagram Scotty Sykes – CPA, CFP LinkedIn Scotty Sykes – CPA, CFP Twitter Bonnie Bond – CPA LinkedIn Bonnie Bond – CPA Twitter More resources about this topic:  Blog – Pharmacy Lending: The Inside Scoop  Blog – Expanding Your Pharmacy Business Market Share 

The Bulletproof Dental Podcast Episode 366 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak GUEST:  Chandler Wrightenberry DESCRIPTION In this conversation, Peter, Craig, and Chandler discuss various topics related to interest rates, investing, and borrowing money. They touch on the Federal Reserve's recent meeting, the impact of interest rate changes on borrowing costs, and the current state of the labor market. The conversation highlights the importance of data-driven decision-making and the potential benefits of owning commercial real estate as a dentist. Chandler from Live Oak Bank joins the conversation and shares statistics on the success rate of dental practice loans. They also discuss the average growth rate of practices after expanding or building a new facility. The conversation highlights the importance of education, self-awareness, and finding a supportive network in overcoming the fear of taking on financial risks. They also emphasize the value of building a strong relationship with a lender who understands the dental industry. TAKEAWAYS Lower interest rates can make it a good time to invest in oneself, such as buying a practice or expanding a dental office. Data-driven decision-making is crucial when considering investments and taking on debt. Owning commercial real estate can be advantageous for dentists, as it allows for potential appreciation and tax benefits. Taking calculated risks and betting on oneself can lead to long-term success. Align gut instincts with financial analysis when considering practice growth opportunities. Live Oak Bank has a high success rate for dental practice loans, with only a small percentage of loans going bad. Expanding or building a new facility can lead to an average growth rate of 25% in the first year. Overcoming the fear of taking on financial risks requires education, self-awareness, and finding a supportive network. Building a strong relationship with a lender who understands the dental industry is crucial for successful financing. CHAPTERS 02:01 - The Wilmington Confusion 04:11 - The Fed's Goal and Real Rates 06:15 - Investing in Acquisitions and Real Estate 09:09 - The Relationship Between Interest Rates and Valuations 11:20 - Investing in Yourself and Taking Calculated Risks 15:49 - The Tax Efficiency of Loans and Investments 19:04 - The Benefits of Owning Commercial Real Estate 21:12 - Balancing Gut Instincts and Financial Analysis 23:14 - The Growth Potential of Expanding or Building a New Facility 26:34 - Overcoming the Fear of Financial Risks in Dentistry 30:43 - The Importance of a Strong Relationship with a Dental Lender REFERENCES Bulletproof Mastermind Bulletproof Summit Live Oak Bank  

Sept. 10, 2024 | GM adds shift to BrightDrop plant; Live Oak Bank's Connor Duncan by Automotive News

Whether you're just beginning your journey on building your pet business or have an existing facility that you're looking to expand upon, you're going to need some money. For most, that will mean getting financing from a bank. To make that a pain-free and successful process you need to understand how it all works and what you need to do. To help with all that, I invited Claire and Jacqueline from Live Oak Bank back on the show to give you the honest truth on the options available to you and how to make your lending experience as smooth as can be. 

Building, buying, or expanding a dental practice is an exciting step for any dentist/orthodontist. It allows you to create your own space, deliver the care you envision, and build a successful business.Turning that dream into reality often requires financing. Securing a traditional bank loan for land and construction can be tough. More so for those with limited down payment options.In this episode, I chat with Bert Smith, Senior Vice President of Healthcare Financing at Live Oak Bank, to demystify orthodontic practice financing.Bert explains how specialized banks cater to the unique needs of dental professionals.From the benefits of SBA loans to the strategic advantages of owning your practice's real estate, Bert shares a lot of insider knowledge that will definitely transform how you approach financing.You will understand why conventional banks might struggle with your loan requests and how smaller bank's personalized approach works best for dental/orthodontic practices.Don't miss out - this episode is packed with practical advice to help you make informed financial decisions.Key TakeawaysIntroduction (00:00)Bert's journey - career path to Live Oak Bank (01:57)Banks' view on orthodontic practices (03:01)Traditional loan models - Financing land and buildings (10:35)How SBA loans benefit orthodontic practices (14:58)Flexibility of SBA loans (19:33)SBA vs. conventional loans interest rates (25:45)Additional Resources - Live Oak Bank Website: https://www.liveoakbank.com/- Bert Smith's Email:  bert.smith@liveoak.bank- Register for the OrthoPreneurs Summit at Sea (2024): https://opsummitatsea.com/- For more information, visit: https://orthopreneurs.com/- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs

One of the ways many independent pharmacies are differentiating themselves is by implementing prescription discount card programs. Under the right circumstances, this can mean significant savings to the patient and an increase in gross margins for the pharmacy. In this episode of The Bottom Line Pharmacy Podcast, Greco De Valencia, Senior Loan Officer with Live Oak Bank, Ripal Patel, Independent Pharmacy Manager and Founder of SaveonRx, Bonnie Bond, CPA, and special guest, Austin Murray with Sykes & Company, P.A. Share insights into how a discount card program can increase gross profits per script, how to market it, and its impact on valuations.Know where your pharmacy stands financially, click here to schedule an Rx Assessment.More About Our Guest:  Ripal Patel is a former independent pharmacy owner, and now the founder of SaveonRx a discount card program that helps patients save money on prescription drug cost while at the same time allowing the pharmacy to increase its gross margin and differentiate itself from other pharmacies.  Want to learn more about Ripal Patel, Greco De Valencia, and SaveonRx? Click below to check them out!  Greco De Valencia LinkedIn: https://www.linkedin.com/in/grecodevalencia/ Ripal Patel LinkedIn: https://www.linkedin.com/in/ripal-patel-226b1517/ Save on Rx Website: https://www.saveonrx.net/saveonrx Save on Rx Facebook: https://www.facebook.com/SaveOnRx1 Save on Rx LinkedIn: https://www.linkedin.com/company/saveonrx/ Learn more about our podcast team and previous episodes.Stay connected with us. Check out all our social media:  Sykes & Company P.A.:  FacebookTwitterLinkedInYouTubeInstagram CPA's: Scotty Sykes – CPA, CFP LinkedInScotty Sykes – CPA, CFP TwitterBonnie Bond – CPA LinkedInBonnie Bond – CPA TwitterAustin Murray – Sykes & Company, P.A. More resources on this topic: Blog – How to Consistently Improve Gross MarginsVideo – Gross Margin Expansion Ideas Updated

In this episode, host Victoria Collier sits down with special guest, Steve Piatkowski from Live Oak Bank. Together, they explore the intricacies of financing law firm acquisitions, while shedding light on the various challenges and opportunities in the process.    Key Takeaways: •⁠  ⁠Challenges in Law Firm Acquisitions: The podcast highlights some common challenges in law firm acquisitions, such as owners unwilling to personally guarantee loans and unethical behavior from sellers, like breaching non-compete agreements.  •⁠  ⁠Smooth vs. Troublesome Transactions: The conversation contrasts examples of smooth and troublesome transactions. •⁠  ⁠Emphasis on Expertise and Resources: The podcast emphasizes the significance of expertise and resources in facilitating successful law firm acquisitions. Whether it's specialized financing solutions from Live Oak Bank or guidance from legal experts like those at Quid Pro Quo Law, leveraging professional support can mitigate risks and streamline the acquisition journey for both buyers and sellers.   More About Our Guest  Steve joined the bank in 2019 as a business analyst for the wine and craft beverage team. In August 2021, he became an underwriter for the professional services teams. After underwriting for a year, he continued his focus on the professional services teams as a loan officer, where he supports the lending team and Live Oak's customers. Originally from New Jersey, Steve graduated from the University of North Carolina Greensboro with a degree in communication studies. In his spare time, Steve enjoys being as active as possible and spending time with his wife and daughter. Connect With Live Oak Bank - what we offer, how we are different, and why we are the best at what we do. https://www.liveoakbank.com/   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/      

**In this Episode of the Becoming a Badass Pharmacy Owner Podcast; Dr. Lisa Faast with guest Greco De Valencia will talk about SBA loan changes** **Show Notes:** 1. **Greco Introduction** [3:25] 2. **SBA Loan Changes** [5:01] 3. **Pharmacy Ownership** [10:15] 4. **Live Oak Bank Loan** [13:56] 5. **Cash Flow** [19:03] Websites Mentioned: Live Oak Bank: https://www.liveoakbank.com/ Contact Info: Email Address: greco.devalencia@liveoak.bank ----- #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

This is Matt Reustle. Today we are breaking down Live Oak Bank. Our guest is Stephen Vafier, the Founder of Storri Labs Capital Partners. Live Oak is a bank that received a charter right before the financial crisis. It does not have the a 100+ year histories of many of the banks that we know so well today, JP Morgan, Goldman Sachs, and the other too-big-to-fail banks.  This is a new story with very interesting DNA in terms of how they built up this bank. They targeted specific industries and the SBA loan program and they had technology in their inception. Live Oak has done some unique things to build assets on the balance sheet to build equity in this bank and really build a name within a sector that is incredibly difficult to break into. This is an interesting case study on how you can think about out-dated industries, which seemingly have massive barriers to entry. Please enjoy this breakdown of Live Oak Bank. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Tegus. Tegus is the modern research platform for leading investors, and provider of Canalyst. Tired of calculating fully-diluted shares outstanding? Access every publicly-reported datapoint and industry-specific KPI through their database of over 4,000 driveable global models handbuilt by a team of sector-focused analysts, 35+ industry comp sheets, and Excel add-ins that let you use their industry-leading data in your own spreadsheets. Tegus' models automatically update each quarter, including hard to calculate KPIs like stock-based compensation and organic growth rates, empowering investors to bypass the friction of sourcing, building and updating models. Make efficiency your competitive advantage and take back your time today. As a listener, you can trial Canalyst by Tegus for free by visiting tegus.co/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt | @domcooke Show Notes (00:02:16) - (First question) - The unique market opportunity that the founders saw when starting this business (00:04:39) - How Live Oak differentiated its approach to make a more successful business model (00:06:03) - How they approached the SBA loan program differently (00:09:04) - The Live Oak sales strategy  (00:10:06) - Their strategy for trading partially guaranteed government-backed loans  (00:12:12) - Overcoming challenges to attract clients to specialized loans (00:15:44) - A brief history of Chip Mahan's career (00:20:23) - Chip's technology-centric approach without relying on physical locations (00:22:49) - Traditional banking security with high-upside ventures, contrasting with neo banks  (00:27:51) - The balance between the traditional lending business and technology-focused ventures (00:31:48) - How Live Oak intends to scale the business  (00:36:52) - How the surge in SBA programs during COVID impacted Live Oak (00:40:02) - Handling the effects of the Silicon Valley Bank collapse (00:42:32) - The strategy for deposit growth and how pivotal is it for the bank's competitiveness (00:46:13) - How Live Oak navigates threats from entities employing similar strategies  (00:53:36) - The significance of Chip Mahan's role and his influence on the organization's future  (00:56:43) - Potential risks that Live Oak faces (00:59:44) - Lessons learned from researching Live Oak Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Tyler sits down with Shep Harris of Live Oak Bank to discuss SBA Lending for ALF's and other small businesses.

It's all about financial success this week as Kris welcomes Jessica Ferguson from Live Oak Bank, the nation's largest SBA lender. Jessica talks about Live Oak's commitment to helping small business owners and how they have grown from starting with veterinarians and dentists to 35 different industries, including ECE. Jessica shares some best practices in the world of lending and borrowing and gives some great tips to get your business financially prepared for the next level. She discusses the different lending options that Live Oak offers, and what they look for when taking on new clients.   Key Takeaways: [9:44] Jessica talks about Live Oak's unique business model and how they have grown from conception. [10:47] Live Oak's 35 different verticals, and why they were once dubbed the “doggie bank”! [12:52] Fun fact: Jessica lived abroad both in Spain and Argentina, and made lifelong friends that she still keeps in touch with today. [13:41] Some trends Jessica is seeing regarding early education and early childhood businesses. [14:50] The types of loan programs Live Oak offers. [17:38] Advantages and disadvantages of both conventional and SBA lending options for school owners. [22:29] What are the rates looking like now? [26:00] How Live Oak approaches and analyzes deals. [29:57] The benefits of working with a bank that knows the industry more than just a general lender. [32;46] How do they work with other borrowers? [34:27] Best practices for schools seeking financing. [38:38] Fingers crossed for interest rates coming (and staying) down in 2024.   Quotes: “It came down to this model of let's find industries that have performed well through recessions that have good repayment history and who maybe don't have the most robust personal financial statements.” — Jessica [14:40] “They are just really good borrowers that fit with SBA programs.” — Jessica [14:43] “I think it is a ripe time for acquisition opportunities.” — Jessica [15:01] “That's also the nice thing about working with a bank that really knows the industry. We know what to look for, and what makes sense.” — Jessica [29:47] “Knowing what each person's priorities are helps us work with that borrower to make sure that we're putting them in the right product.” — Jessica [31:57] “Being disciplined about tuition increases is really important.” — Jessica [34:52]   Sponsored By: ChildCare Education Institute (CCEI) Use the code CCSC5 to claim a free course!   Mentioned in This Episode: Kris Murray The Child Care Success Company The Child Care Success Academy The Child Care Success Summit Grow Your Center Childcare Education Institute: Use code CDARenewal22 to get $100 off your renewal. Live Oak 

For this weeks insightful and inspiring episode, we sat down with the Head of Small Business Banking at Live Oak Bank, Mike McGinley, and got the background of what it's like to be a part of the #1 bank in SBA. Ray and Mike discuss Live Oak's success and what they attribute it to- their work place culture, their training and recruiting process, community, "The Theory of Verticality", in-person meetings with borrowers, and so much more. Believe us when we say that this is an episode that you will definitely benefit from listening to. Have you signed up for our monthly newsletters? Head to ArtofSBA.com to stay in the loop on what's happening at The Art of SBA Lending and industry insights. --------------------------------------------------------------------------------- This episode is sponsored in part by:    Lumos Data Lumos empowers your small business lending growth with cutting-edge analytics and streamlined applications that optimize your performance. If you're ready to take your small business lending to the next level with cutting edge analytics and AI visit lumosdata.com or lumosdata.com/contact-us   Able Able is an a AI-powered deal acceleration platform that streamlines the most hated process in SBA lending: document collection and management. You can learn more about Able and schedule a demo by going to www.able.ai

Angelo Medici from Live Oak Bank is on the podcast today to talk about SBA lending, and the bank he represents knows a thing or two about it - they are the largest lender of SBA loans in the country. If you've been considering financing for the acquisition of another business or commercial real estate, this episode is for you. If you'd like me to put you in contact with Angelo specifically, grab the link below, fill out your information and I'll make an introduction. Let Me Introduce You To Angelo + Live Oak Bank --- Send in a voice message: https://podcasters.spotify.com/pod/show/wtfgymtalk/message

This week on Off the Shelf, David Black, partner at Holland & Knight, Ken Dodds, vice president and GovCon Industry Expert at Live Oak Bank, and Jon William, partner at PilieroMazza, provide an update on key small business policy, regulatory, and legal trends shaping the federal market.  Topics include the impact and federal response to the Ultima decision, the GAO-Court of Federal Claims bid protest split on the evaluation of mentor-protégé past performance, SBA changes to the non-manufacturer rule, FAR proposed rules on size/status recertification on multiple award contracts and the DoD and SBA guidance on joint venture facility security clearances.  The discussion also focuses on cybersecurity and what small business should focus on for compliance success, and provides insights and analysis that will assist small businesses in better understanding the rules of the road to success in the federal market.  

This week on Off the Shelf, David Black, partner at Holland & Knight, Ken Dodds, vice president and GovCon Industry Expert at Live Oak Bank, and Jon William, partner at PilieroMazza, provide an update on key small business policy, regulatory, and legal trends shaping the federal market. Topics include the impact and federal response to the Ultima decision, the GAO-Court of Federal Claims bid protest split on the evaluation of mentor-protégé past performance, SBA changes to the non-manufacturer rule, FAR proposed rules on size/status recertification on multiple award contracts and the DoD and SBA guidance on joint venture facility security clearances. The discussion also focuses on cybersecurity and what small business should focus on for compliance success, and provides insights and analysis that will assist small businesses in better understanding the rules of the road to success in the federal market.   Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This month's episode of the ETA Insider Podcast features Lisa Forrest, Director of Live Oak Bank. At the time of the taping last March, the LMM SBA market was in the throws of adjusting to the interest rate shocks. Deal flow at that time was in a state of disarray as buyers, sellers, and lenders were all trying to figure out acquisition structures in this rate environment. Almost 7 months later, the market is starting to adjust and many lenders like Live Oak Bank will end up with solid 2023 production and heading into 2024 with a good pipeline of transactions. Ms. Forrest also refers to some potential SBA SOP changes that, as of this drop, are still in flux. It would be an understatement to say that the LMM for self-funded searchers has seen disruption in 2023. But with disruption also comes opportunity. Released October 31, 2023

Join us in this insightful interview as we talk with Brett Caines, the visionary Co-Founder and CEO of Lumos, renowned for his prior role as the CFO of Live Oak Bank. Brett sheds light on a multitude of pivotal topics, delving into Lumos' dynamic partnership with Vetted Biz, uncovering the often overlooked facets of banking, and his transformative journey from CFO to spearheading Lumos' data-driven approach. Dive deep into the world of financial metrics as Brett unveils key ratios every aspiring franchisee should have in their arsenal. Discover how Lumos empowers Vetted Biz clients through innovative solutions and get a sneak peek into the future landscape of the industry. Visit Lumos Website: https://lumosdata.com/ Visit our Funding Website: https://www.vettedbiz.com/funding-product/ Secure Your Franchise Funding Today: https://2c2i0ujnjcc.typeform.com/to/CRh33AmF#hubspot_utk=xxxxx&hubspot_page_name=xxxxx&hubspot_page_url=xxxxx #FranchiseFunding #FranchiseFindings If you are looking for more information, you can connect with us through our networks:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.vettedbiz.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/vettedbiz/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/vettedbiz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

Al and Steve are back! Here is the audio version of their Smarter Bank Live virtual event that you don't want to miss. Join the insightful discussion on how banks can transform into "Smarter Banks" in the current environment. They explore 5 key pillars - being hyper-efficient, differentiated, nimble, data-driven, and opportunistic. Steve and Al share real examples of banks excelling in these areas, like Capital One's data prowess, Coastal Community Bank's innovative banking-as-a-service model, and Live Oak Bank's tech startup nCino. They discuss the competitive threats from big tech like Apple, Twitter/X, and new digital banks. Other topics include generative AI, building a digital scorecard, and the need for pragmatic innovation. Steve and Al provide practical tips for bank executives on mindsets, processes, and talent strategies to implement the Smarter Bank model. This episode provides an insightful playbook for banks of all sizes to transform themselves and deliver more value in a digital world. Subscribe to Plugged In for the latest in Banking and Fintech from Cornerstone Advisors.

On this episode Al Dominick and Steve Williams sit down with legendary entrepreneur Chip Mahan, founder of companies like Live Oak Bank and Canapi Ventures. Chip shares his unique perspective on innovation, building customer trust, controlling your tech destiny, and more. You'll hear Chip's incredible origin story, how he convinced reluctant partners to join him, and his views on the hype surrounding AI. If you want to learn from one of the most forward-thinking leaders in banking, tune into this lively and insightful conversation. The three shed light on the challenges facing the industry, the power of focusing on culture and long-term goals over short-term profits, and the keys to remaining nimble and opportunistic even in tough times. Don't miss Chip's great stories and words of wisdom on this episode of Plugged In, the podcast that plugs you into the exciting world where banking, finance, and technology meet.

Lisa Forrest, Director of SearchFund Lending at Live Oak Bank. Live Oak is the biggest SBA lender in America. We will be discussing the much-anticipated new rules. I'm happy to have Lisa Forrest join me on a live broadcast. Lisa has over 30 years of experience writing loans under the US Small Business Administration's (SBA) loan programs. Email Lisa at lisa.forrest@liveoak.bank David C Barnett

Welcome to the Spotlight Series, where we shine a light on extraordinary individuals who have forged their own path to success. In the latest episode of the Middle Tech Spotlight Series, we sat down with JP Blevins, a former University of Kentucky basketball player who has played a significant role in building two hyper-successful companies: Live Oak Bank and nCino. Our conversation covered various aspects of his journey, including his transition from sports to business, the growth and success of Live Oak Bank and nCino, and the lessons learned along the way. Learn More: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.liveoakbank.com/ JP's LinkedIn Visit us at ⁠⁠⁠⁠⁠⁠⁠⁠⁠MiddleTech.com⁠⁠⁠⁠⁠⁠⁠⁠⁠  Follow Us ⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Logan's Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Evan's Twitter⁠⁠⁠⁠⁠

When Silicon Valley Bank collapsed, $43 billion left its doors in one afternoon, or $1 million every second. How has the banking landscape changed since then? Motley Fool Senior Analyst Bill Mann caught up with Chip Mahan, CEO of Live Oak Bank. They discuss: - The breakdown of communication between regulators and Silicon Valley Bank - How Live Oak Bank is differentiating itself from larger institutions - Why traditional banks may face margin issues in the “not too distant future”  Companies discussed: LOB, JPM Host: Bill Mann Guest: Chip Mahan Producer: Ricky Mulvey Engineers: Rick Engdahl, Tim Sparks

What a great week at the Inside Self Storage Expo! We just got back from Las Vegas where the ISS event was held. One of the biggest topics they covered was Automation and AI integration, with both private companies and public REITs all interested - so let's talk about it! AI has been adopted across industries almost immediately - decades faster than the Internet was adopted initially. Is this just hype? Or is this an industry changing force that will impact everyone - including investors, operators, and the industry as a whole? We can help you figure out what type of loan or financing structure you need, and where you can get funding for your deal: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - https://liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

The Self Storage market is undergoing an unprecedented time of change and fluctuation. Everything is being affected - buying & selling, cap rates, tenant occupancies, and more. If you are new to the market - or trying to get into the market with your first deal - what does this meant for you? We know Self Storage is connected to residential housing. Does that mean we will experience the same desperation, skyrocketing debt, or foreclosures? Interest rates right now are extremely high, but prices have not come down. Leasing season - summer time - is coming up soon. What are WE doing to prepare? And how can you benefit? Formerly an airline pilot, Ryan Gibson transitioned to real estate when he co-founded of Spartan Investment Group in 2013. Scott Lewis, his partner, and Ryan both wanted to be in an asset class that was uncorrelated with the market and it's extrinsic influences. Ever since, he's been growing his self storage portfolio to over 4 million square feet across a multitude of states. We're excited to have him share his insight into the market as it stands today! Find out more about Ryan and Spartan here: spartan-investors.com Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

There has been a major development in the self storage industry. Where will this take us and what does it mean for the self storage income world? Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

In the midst of the recent bank collapses, economists and investors alike are shuddering at the impact of high cost of capital and the Fed's continual interest rate hikes. Banks are extremely nervous and wary of investments - all investments. INCLUDING storage. Why is this happening, and how will it affect us? When we saw storage being oversupplied with falling demand, we knew a bubble was coming. Now it's here. When we look at investing in self storage, we always underwrite a "worst case scenario" - what will happen to our money if rates spike or cashflow wasn't as expected? There's a time and place to be buying or be holding back. We've done this before back in 2017 - but how do you know what to do when the market shifts? Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

Welcome back everybody to Self Storage Income! Today we have an exciting guest, Mike Burnam, on to talk about the current state of self storage markets - particularly smaller, tertiary, and subprime markets - as the bubble created by the pandemic is starting to pop. Mike is the CEO of StorageMart and has been in the industry for over 42 years, with over $4 billion worth of self storage. He has experience with being publicly traded then went private, and has operated in the US, Canada, and the UK. So what's going on with storage? Debt is harsh, ChatGPT is disrupting Google's dominance, and large competitors, like Public Storage, is experimenting with more and more remote & digital solutions in their properties. ExtraSpaceStorage, just bought over $500 million to buy a portfolio of over 100 properties. These changes will determine the future of storage, especially impacting smaller markets in rural areas while high population areas approach these changes head-on. Find out more in this episode! You can reach out to Mike directly via his email: mike.burnam@storage-mart.com Find out more about StorageMart: https://www.storage-mart.com Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

The economy is shuttering: with the Fed raising rates trying to slow down inflation, banks are responding differently to investors than they used to. Developments aren't getting approved as much as they used to. What does this mean if you are wanting to invest in, build, or acquire a new storage facility? Today we are joined by Anna Taylor, who is the head of Self-Storage Lending at Live Oak Bank and she is an absolute self storage lending expert. She's kept a close eye on the industry over the last decade. We talk about the market conditions right now, what she's seeing from a lending perspective, and what needs to be done prior to obtaining the loans and financing you may need. Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

When buying a self storage facility, the sale price isn't always market value - if it was, we'd live in a perfect world. Thats why having an appraiser come out and inspect the property can be tremendously valuable. They can tell you what exactly adds or subtracts from market value and determines the final sale price. In this episode, special guest Tim Garey from Cushman & Wakefield Self Storage sheds light on the appraisal process. With over 20 years of experience in commercial real estate, Tim has valued a wide variety of properties: shopping centers, industrial, golf courses, and...self storage! Find out more about Cushman & Wakefield here: http://cushwakeselfstorage.com/ Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

In this special Q&A episode of Self Storage Income, we answer YOUR questions directly. We will be addressing - The State of Self Storage in 2023 - Developments: The Pros & Cons - Finding Investors for a Boat & RV Facility with much more to come. Thanks to all those to have supported us and sent us questions. You can send your own via our YouTube channel, Instagram, or Twitter. https://www.youtube.com/@SelfStorageIncome https://www.instagram.com/ajosborne/ https://twitter.com/AjOsborne1 Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/

There are many ways to finance a self storage deal. You can bring your own money, leverage your own assets, or enlist the help of others, like investors, banks, and even the sellers themselves. Today we're talking about two of the most common ways to finance a storage facility: Funds and Syndications. Funds pool together capital to invest across a series of investments or properties, such as a portfolio, hence diversifying the capital you invest. Syndications aggregate a group of investors together to "crowd-finance" a single property or deal, but allows for more parties to help manage or secure deals, especially larger ones. We're breaking down what you need to know BOTH as an investor AND a sponsor. What are the pros and cons of each? Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/

Once you've figured out which market to go in and what price you should pay, the next step is to secure the funding and financing for your deal. Lending is a tricky business - there are numerous types of loans and fund structures each with their unique benefits, regulations, and interest rates. Each of these factors will directly affect how your deal functions now and years into the future. Today we are talking to Ben Arnoson, our newest addition to the Cedar Creek team. He's a broker who has helped us fund numerous deals that we now own. We're going through the Pros and Cons of different types of funding for Self Storage (and commercial real estate at large) and what to look for and avoid when you are raising capital. Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/

Valuation is a key step in buying a self storage facility. You need to know how much it costs, after all. Price is a measurement of value. But in commercial real estate, value is not determined only by the price. You also need to look at things like revenue, growth, expenditures, and operations. It's not just a single line item. Not anymore. As an investor, what are those drivers that determine the total cost? As a seller, what factors in the market affect your property right now? That and more in this episode! Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/

Self Storage hasn't always been the real estate class that we all know today. It's one of the youngest and was originally developed under drastically different circumstances. Cities often approved storage to gain an income producing property that didn't stress the infrastructure by adding more traffic or population. Understanding the key changes from how storage started and how it got to where it is today will shed some light into what exactly affects the demand, markets, and revenue. What makes it tick? Today, we've invited Steve Mirabito, President of StoragePRO, Inc and a board member of the world's largest Self Storage Co-Op, Storelocal. He has been in the industry since the early days, and his experience in the industry is unmatched. We'll be talking to him about what it was like when he first started out, and how the industry has shifted over the years. Find out more about Steve: https://www.storagepro.com/ Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/

Starting out in Self Storage can seem scary and complicated. Even if you've studied the topic and the math, nothing beats experience in the industry and knowing what metrics to achieve and what pitfalls to avoid. Ben Kall is a real estate agent and broker out of Minnesota. He's dealt in multi-family, triple net lease (NNN), and now Self Storage. His first investment (outside his first home) was a $1.5 million facility. We've invited him on to share some of his experiences just starting out, what it's like,and what you need to know about acquiring your first facility! Check out Ben's company: https://www.legacystoragemn.com/ Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/

In the last 6 months, the Self Storage market has shifted. We've discussed this before, but in today's episode, AJ and Conner discuss how this affects occupancy and revenue. Namely, how can you increase your revenue despite the market conditions driving occupancy down? AJ and Conner are fresh off of an internal meeting where they reviewed a market he currently owns more square footage than the REITs in that area. So for this episode, he pulls information from his accounting and underwriting teams to break down the changes happening and what needs to be adjusted. Don't miss the market insights and updates! Check out our YouTube channel for more! https://www.youtube.com/@SelfStorageIncome/featured Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/