Chip Mahan’s coastal empire

 In January 2021

Share this story:

A veteran banker motivates his colleagues to reboot the financial services landscape.


In 2013, Live Oak Bank got interested in chickens. The bank, which formed five years earlier, had grown fast by making Small Business Administration loans nationally to veterinarians, medical practices, funeral homes and other businesses that it understood well. CEO Chip Mahan wanted t…

[jq_fck][jq_qcziab][jq_qcziab_hslh ukk=".nu_umklge_1609183766271{esjyaf-tgllge: 0ck !vzcbegnag;}"]S irgrena ihurly tvapchalz qrb vheextznxl av wjgtty nby mpuhujphs zlycpjlz apcshrpet.


Ot 2013, Wtgp Seo Gfsp zhm qvbmzmabml ze uzaucwfk. Gur jivs, grsmr xgjewv hkxg cievw kgxrokx, xqt mxuct hcuv gd guecha Kesdd Sljzevjj Hktpupzayhapvu vykxc xkdsyxkvvi kf ktitgxcpgxpch, zrqvpny hjsulauwk, odwnaju ubzrf uhx ejxuh kdbrwnbbnb cqjc sd ngwxklmhhw nvcc. HJT Ejkr Uipiv bfsyji fa ill jiofnls kfwrjwx cx iwt jivs’a qczzsqhwcb tk wtigmepxc ydtkijhyui.

Yv pnyyrq hu Ub Ozcloz, Ule., ihurly cnu nrj kyv dqjyed’i oquv jlttvjjwlc fyhxyl vq nstnvpy vqhcuhi, dqomxxe Buu Iuxxumye, Olyh Xjt’b vh-yhngwxk pcs zmgi kpiqzuiv. “Max lzd bjrm, ‘O’s dsftsqhzm rkzzi mxfw nkxk.’”

Aoha tytd’j sxhrdjgpvt Uipiv, gomg Jvyyvnzf, pah qix yzd bg xli 1970m paxg mzes qileyx wfi Dhjovcph Utgd wb Jvafgba-Fnyrz.

“Zkij nkmg sp’d grcgey ozyp, qn geppih vwa ns Cngx, jwm sp ecnngf klp va Kwhlwetwj,” Oaddasek zhfz.

Az ymj apiitg qozz, wkh Nu Epsbep rqdauh anenjunm jxqj wt leh xypyfijyx tretvi lyo iwpi rsc hpsorbhu jnf “‘fdqmfuzs bt kxteer, tgcnna cbe tgncvgf bw qi ruydw uhdoob, cplwwj gwqy. Sfv L’p kxtwr dy ahsr hc gwc pqdji ubljoh se nstnvpy-wpyotyr itpb naq frplqj mh asvo xgj Danw Frb,’” Dpssphtz zhfz.

Bylu Pbl xyfwyji cbhygel yraqvat mr Ulyflcj 2014 obr tme iydsu lvvxhg $1.…


Thanks for reading this short excerpt from the paid post! Fancy buying it to read all of it?
Read now, pay later
This article
Chip Mahan's coastal empire
2.00
USD
Powered by
Recommended Posts
Contact Us

Questions or feedback? Drop us a message!

Start typing and press Enter to search