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Stock impact report

Sunbound Expands Reach with Live Oak Ventures Investment, Supporting Growth in Senior Living Sector [Yahoo! Finance]

Live Oak Bancshares, Inc. (LOB) 
Last live oak bancshares, inc. earnings: 4/22 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.liveoakbank.com
Company Research Source: Yahoo! Finance
WASHINGTON Dec. 4, 2024 /PRNewswire/ -- Sunbound, a leader in finance solutions for senior living, announced an investment from Live Oak Ventures, a wholly owned subsidiary of Live Oak Bancshares, to fuel innovations that support operators and families. This partnership strengthens Sunbound's mission of enhancing financial stability for senior living operators, enabling them to streamline their financial processes and focus on resident care and family satisfaction. Senior living operators spend significant time and effort dealing with manual and inefficient financial workflows, which hurts profitability and strains cash flow. Sunbound's platform directly addresses these challenges with accounts receivable (AR) automation tools and flexible working capital solutions that simplify payments and increase cash flow. By streamlining the payment process for families, supporting community teams and providing essential capital access for operators, Sunbound helps communities remain resilien Show less Read more
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