Loan Syndications

A business owner is presenting in front of a group of lenders for a loan syndication.

A syndicated loan involves arranging a group of lenders or syndicates to fund a single loan collectively. This provides your business with capital commitments beyond the limits of any single institution by allowing lenders to share risk and financial opportunities.

The power of having multiple lenders behind your business provides greater flexibility in loan structure and confidence in the continued funding required to grow your business. Syndicated loans can finance various needs, including construction lending, acquisition financing, leveraged buyouts, recapitalizations and more.

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Our Team Understands Your Business

Corbin Penland

Head of Loan Syndications

Corbin joined Live Oak Bank as a credit analyst in 2016. In this role, he worked with verticals across the bank to monitor the credit health of the overall loan portfolio. After this role, he helped launch the bank’s loan pricing desk, developing models that track the profitability of the loan portfolio, while working closely with lenders to price various loan products. Most recently, Corbin’s efforts have been focused on developing the loan syndications team to support the bank’s continued strategy to lend up-market. Now, as the head of loan syndications, Corbin works closely with institutions across the country to structure multi-bank deals led by Live Oak. Corbin’s work has supported nearly $900 million in total loan originations across a wide range of industries.

Brian David
VP - Loan SyndicationsEmail Brian |

Brian David

VP - Loan Syndications

Brian David joined Live Oak Bank in July of 2022 as vice president of loan syndications. Brian is focused on building and maintaining relationships with partner banks, asset management firms, and other capital providers to source funds for loans where Live Oak Bank is Lead Agent. Prior to joining Live Oak Bank, Brian spent fifteen years in various roles at several large financial institutions. Brian is a graduate of North Carolina State University with a Bachelor of Science degree in Business Management and Finance concentration and is Series 7 & 63 licensed.

Patrick Walker
Associate - Loan SyndicationsEmail Patrick |

Patrick Walker

Associate - Loan Syndications

Patrick is a portfolio analyst on the loan syndications team, where he is responsible for managing the syndicated portfolio, performing counterparty reviews and analysis, carrying out reporting and analysis on the syndicated portfolio and deal overflow. Previously, Patrick was a portfolio analyst for Live Oak’s solar energy team where he focused on the servicing of community and infrastructure and utility scale solar projects across the United States. Prior to joining Live Oak, Patrick was an associate at a top financial institution. Patrick received a Bachelor of Science in business administration, with concentrations in both finance and economics from the University of North Carolina Wilmington and is currently a candidate in the CFA program.

Justin Hartney
VP – Loan SyndicationsEmail Justin | 910.218.7708

Justin Hartney

VP – Loan Syndications

Justin Hartney joined Live Oak Bank 2023 as vice president of loan syndications. In this role, Justin is focused on building and maintaining relationships with partner banks, asset management firms and other capital providers to source funds for loans. Prior to joining Live Oak, Justin spent six years in underwriting and credit serving corporate clients, asset managers, hedge funds, REITs and PE funds at Credit Suisse and First Citizens Bank, as well as a year of credit risk consulting at EY. Justin is a graduate of North Carolina State University with a Bachelor of Science degree in Business Management and a minor in Economics.

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From our resource center

As part of our commitment to supporting small business owners, we have a library of free educational resources available to anyone. Here’s what you can expect to find in Live Oak Bank’s Resource Center:

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