Key Takeaways:

• Cash flow is king: A lower monthly payment keeps more capital in your business for daily operations.
• Terms make the difference: Extending to a 10-year term¹ can significantly lower your monthly commitment compared to 2-year short-term loans.
• Speed meets stability: You can access SBA funding in as little as 15 days¹ without the typical "big bank" hurdles.

Understanding Business Loan Payments & Cash Flow: WHat you need to know

When you need a $150,000 boost for your business, the first number most people look at is the total loan amount. However, the number that actually determines your daily stress level is the monthly payment. At Live Oak, we focus on providing financing that acts as a wing rather than a weight.

Many lenders offer "fast" money that comes with a catch: high interest rates and aggressive daily or weekly repayment schedules. These can lead to a "cash flow crunch," where your revenue is swallowed by debt before you can reinvest it. We believe in providing the knowledge and tools you need to stay in the driver's seat.

What is the Live Oak® Express 7(a) Loan?

The Live Oak Express loan is a streamlined SBA product specifically designed for loans under $350,000. It is built for business owners who need quick access to capital, but want to avoid the high rates of short-term alternatives.

• Speed: Funds can be in your account in as little as 15 days¹.
• Structure: 10-year terms¹ help ensure your monthly payments remain affordable.
• Freedom: No prepayment penalties mean you stay in control of your debt.
  

How Do Loan Different Types Effect My Monthly Payments? (Directional Estimates)

To help you make an informed decision, let’s look at how a $150,000 business loan might stack up across different lending categories. Please note: These figures are directional estimates for comparison purposes; actual rates and payments depend on your unique business profile.

The Impact of a Lower Payment in Real Life

• The Hiring Advantage: Choosing an option with a lower monthly payment could save a business owner thousands in monthly cash flow—often enough to hire a key team member.
• The Safety Net: Moving from a high-interest credit card balance to a longer-term loan can drop monthly obligations significantly, allowing the owner to build a "rainy day" fund.
• The Growth Spurt: With the lowest monthly payment in this comparison, you can reinvest profits back into inventory or marketing rather than just "treading water" to meet a 2-year debt cycle.

Am I Eligible for a Live Oak® Express Loan?

We want to set our partners up for long-term success. To qualify for this streamlined funding, your business should generally meet the following criteria:

• Time in Business: At least 2 years of operation.
• Credit History: An excellent credit history is required.
• Debt Status: You must be current on all business and personal debt.
  

How to Get Started

Ready to trade high-frequency draws for a monthly payment that fits your budget? Our digital-first application is designed to be clear and straightforward. We’re innovative, creative and genuinely excited to cheer alongside you as you reach your next milestone.

Have additional questions about how an SBA loan can help you grow? Our financing experts are ready to provide the guidance you need. Contact our team at express@liveoak.bank.

Commitment to Our Customers

The examples and numbers provided above are intended to explain how different loan structures function and are for illustrative purposes only. They are not intended as financial planning advice. Because every business is unique, be sure to have a conversation with your own financial advisor. Live Oak is committed to your success—we have skin in the game and want to provide you with the tools to create your ideal future.