Live Oak Banking Company Home Instead SBA Loans in Florida — 3 Funded
Florida loan data 2020–2021 · Updated June 2026
Live Oak Banking Company has funded 3 SBA loans to Home Instead franchisees in Florida, totaling $3.5M in approved financing across 2 cities and 2 congressional districts.
The average Home Instead loan in Florida from Live Oak Banking Company is $1.2M at a 5.67% average interest rate, with terms averaging 180 months. The Florida default rate is 0% based on 1 resolved loans. Florida represents 4.3% of Live Oak Banking Company's total Home Instead lending nationally. These loans collectively support 401 Florida jobs. SBA-guaranteed portion totals $2.9M (80% of approved volume).
How Florida Compares to Live Oak Banking Company's National Home Instead Lending
Looking to fund a Home Instead franchise in Florida?
Live Oak Banking Company is one of 8+ lenders who have funded Home Instead in Florida. We can help you compare options and connect with lenders experienced in this brand and state — no retainers, referral fee at closing.
Live Oak Banking Company Home Instead Loan Performance in Florida
Based on 3 SBA loans originated by Live Oak Banking Company for Home Instead franchisees with Florida addresses, the Florida-specific lending relationship spans 2020–2021. Of 1 resolved Florida loans, 1 were paid in full and 0 resulted in chargeoffs.
The Florida loan size range extends from $75K to $2.0M, indicating Live Oak Banking Company funds both smaller single-unit Home Instead operations and larger multi-unit or renovation projects in Florida. Each loan supports an average of 134 jobs in the local economy, and the portfolio collectively supports 401 Florida jobs. Most Florida Home Instead loans from Live Oak Banking Company are classified under "Home Health Care Services" (NAICS).
Recent activity: Live Oak Banking Company has originated 0 Home Instead Florida loans in the last 2 fiscal years and 3 since fiscal year 2020. The most recent Home Instead Florida approval recorded is from FY2021. Note: lack of recent activity may indicate Live Oak Banking Company has paused, slowed, or exited Home Instead Florida lending — borrowers should verify current appetite directly.
SBA guarantee profile: The SBA-guaranteed portion of Live Oak Banking Company's Home Instead Florida loans averages 80% of approved volume, totaling $2.9M in federally-backed exposure. 7(a) loans typically carry a 75-85% guarantee, so a higher percentage suggests a smaller-loan/SBA Express mix; lower suggests larger PLP deals where the lender retains more risk.
The 0% Florida default rate is a strong indicator of loan quality. This suggestsLive Oak Banking Company has effective underwriting standards for Home Instead deals in Florida and/or Florida Home Instead franchisees have strong unit economics that support debt service. For prospective Florida borrowers, this is an encouraging signal — Live Oak Banking Companyunderstands the Home Instead business model in this market and has a track record of successful outcomes here.
SBA Programs Used for Home Instead Loans in Florida
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 3 | $1.2M | 5.67% | 180 mo |
Home Instead Loan Size Distribution from Live Oak Banking Company in Florida
How Live Oak Banking Company's Home Instead Florida loan sizes break down by deal size. Useful for sizing your own deal: where do most Florida Home Instead approvals land?
| Loan Size Range | Loans | Avg Loan Size | % of Florida Loans |
|---|---|---|---|
| Under $150K | 1 | $75K | 33% |
| $750K-$1.5M | 1 | $1.4M | 33% |
| Over $1.5M | 1 | $2.0M | 33% |
How Live Oak Banking Company Originates Home Instead Loans in Florida
SBA delivery method matters: Preferred Lenders Program (PLP) closes 2-3 weeks faster than General Processing because the lender holds full credit authority. Live Oak Banking Company uses 2 different Florida delivery methods for Home Instead:
| Delivery Method | Loans | Avg Loan Size |
|---|---|---|
| Preferred Lenders Program | 2 | $1.7M |
| SBA Express Program | 1 | $75K |
Where in Florida Live Oak Banking Company Funds Home Instead Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Melbourne | 2 | $1.0M | $2.1M | 0% — Low Risk |
| Fort Myers | 1 | $1.4M | $1.4M | N/A |
Live Oak Banking Company's strongest Home Instead lending presence in Florida is concentrated in Melbourne (2 loans), Fort Myers (1 loans).
Live Oak Banking Company Home Instead Lending in Florida Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2021 | 3 | $1.2M | $3.5M | 5.67% |
Other Lenders That Fund Home Instead in Florida
Live Oak Banking Company is not the only lender funding Home Instead in Florida. Compare 7 other banks who have originated Home Instead SBA loans to Florida borrowers.
| Lender | Florida Loans | Avg Size | Default Rate |
|---|---|---|---|
| Live Oak Banking Company (this page) | 3 | $1.2M | 0% — Low Risk |
| Wells Fargo Bank National Association | 7 | $674K | 0% — Low Risk |
| Byline Bank | 4 | $1.1M | 0% — Low Risk |
| American National Bank | 3 | $213K | N/A |
| Florida First Capital Finance | 2 | $277K | 0% — Low Risk |
| DFCU Financial | 2 | $2.6M | N/A |
| CIBC Bank USA | 2 | $137K | 0% — Low Risk |
| Florida Business Development C | 2 | $206K | 0% — Low Risk |
Other Franchises Live Oak Banking Company Funds in Florida
Live Oak Banking Company is active in Florida franchise lending beyond Home Instead. Other Florida franchise brands they have funded:
Live Oak Banking Company Home Instead Lending in Other States
Live Oak Banking Company has also funded Home Instead franchisees in 8 other states. View state-specific data:
How to Get an SBA Loan for a Home Instead Franchise in Florida
If you're considering a Home Instead franchise in Florida and want to finance through Live Oak Banking Company or another SBA lender, here's what you need to know based on our analysis of 3 historical Florida loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.Home Instead's franchise fee and total investment determine minimum capital requirements.
Compare Florida Lenders
8 lenders have funded Home Instead in Florida. Lenders with more local Home Instead experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.
Get Pre-Qualified
PeerSense matches Florida borrowers with lenders who have a proven track record funding Home Instead in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on Florida historical data: The average Home Instead SBA loan from Live Oak Banking Company in Florida is $1.2M with a 5.67% interest rate and a 180-month term.Florida loan amounts range from $75K to $2.0M.
Ready to Fund Your Home Instead Franchise in Florida?
We connect you with lenders who have already funded Home Instead in Florida — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.