Many people work in the senior care industry, but don’t know how to achieve the American Dream of being a business owner. In my presentation, I’ll touch on a few ways to finance care homes. This is primarily through the SBA 7(a) program, which Live Oak Bank is the largest lender in the country using that program. We’ll discuss how to do it on your first one and then even more flexibility every home thereafter.
It’ll touch on acquiring existing care homes, building them from the ground up, or buying a property and renovating it for care home use.
A value add that Live Oak offers is the Bank is a verticalized, meaning my team and I lend solely to the senior care sector so we live and breathe the same industry as all of the attendees.