Lender Directory / Live Oak Bank

Live Oak Bank: RV Park & Campground Loans

If there's a single name that defines RV park lending, it's Live Oak. This one bank funded roughly 37% of all SBA dollars to RV parks and campgrounds in 2025 — more than the next several lenders combined. Here's an honest look at what that means for a buyer, and when to consider someone else.

Quick Answer

Live Oak Bank is the largest SBA lender to RV parks and campgrounds in the U.S. — about $33.4M across 13 loans in 2025, the most of any lender by a wide margin. It's a national SBA-focused bank with a dedicated RV-park lending team and named specialists. Best for a buyer who wants an experienced, park-fluent SBA lender and doesn't need the fastest possible close. If your park is rural and large, also compare a USDA specialist.

Who they are What they offer Named specialists Strengths & tradeoffs Alternatives

Who they are

Live Oak Bank (liveoak.bank) is a national bank built around SBA lending rather than branches. It's consistently one of the country's top SBA 7(a) lenders overall, and within the RV park and campground niche it's the clear leader. Unlike a typical local bank that sees a park deal once a year, Live Oak underwrites this asset class routinely — which shows up in how they handle campground income, seasonality, and the special-purpose-property concerns that make other banks balk.

What they offer for park buyers

Live Oak's RV park financing centers on the SBA programs, which fit most first-time and expanding buyers:

SBA 7(a) — the go-to for park acquisitions, typically low down payment, long amortizing terms
SBA 504 — for larger, real-estate-heavy purchases where a low long-term fixed rate matters
Experience with the full deal: real estate, improvements, and working capital in one loan
A national footprint, so they lend across states rather than one region

For how these programs actually work, see the SBA loan guide and the six ways to finance a park.

Named specialists

One reason Live Oak earns buyer trust: it puts real, named people on its RV-park lending rather than a generic form. Its outdoor-hospitality team has publicly listed specialists dedicated to RV parks and campgrounds, including Nick Parker and Pierce Verchick in RV-park lending roles. Working with a named specialist who does these deals all day is a meaningful edge over a general commercial banker seeing their first park.

Contact details for their current team are published on Live Oak's own site — always confirm you're reaching the right person directly through liveoak.bank.

Strengths and tradeoffs

Strengths

Deepest RV-park experience of any single lender
Named specialists who underwrite parks routinely
National reach; not limited to one region
Fluent in campground income and seasonality

Tradeoffs

SBA-focused, so SBA timelines and paperwork apply
Not the choice when you need to close in days
For a rural park, a USDA specialist may beat SBA on ceiling and term
As the market leader, they don't have to compete hardest on every deal

Alternatives worth comparing

Live Oak is a strong default, but the right lender depends on your deal:

Rural, larger park: Stone Bank (USDA B&I specialist) — higher ceiling, 30-year term.
Want dedicated RV content and a named BDO: Gulf Coast Bank & Trust.
Speed or value-add: a bridge lender, then refinance into SBA later.
Compare several at once: a loan marketplace.

See the full RV park lender directory to weigh every option side by side.

Compare Live Oak against other park lenders

Submit your deal once and see how Live Oak, USDA specialists, and other commercial lenders stack up for your park — side by side, no cost to compare.

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