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    Sims Richardson

    Head of Franchise Restaurant Lending

    Sims Richardson is the SVP - Head of Franchise Restaurant Lending at Live Oak Bank, based in Wilmington, North Carolina.1 He has been in this role since January 2022, overseeing the bank's franchise restaurant lending division.13

    Richardson's career at Live Oak Bank spans over a decade, with progressive roles including:

    • Senior Loan Officer (April 2018 - January 2022)
    • Loan Officer (March 2015 - April 2018)
    • Underwriter (July 2013 - March 2015)1

    As a lender, Richardson specializes in providing loans to franchisees for various purposes, including:

    • Purchasing restaurants
    • Funding expansions
    • Buying commercial real estate
    • Refinancing existing business debt
    • Providing working capital for store updates and growth14

    Richardson's expertise lies in creating customized loan packages for franchisees, leveraging Live Oak Bank's industry-specific lending teams to offer valuable insights and solutions for complex projects.2

    He holds a Bachelor of Science in Business Administration with a focus on Entrepreneurship from the University of North Carolina at Chapel Hill, which he completed between 2009 and 2013.1

    Highlights

    Feb 19 · liveoakbank.com
    Professional Services Firms Business Loans | Live Oak Bank
    Dec 8 · liveoak.bank
    Franchise Restaurant Loans | Live Oak Bank
    Franchise Restaurant Loans | Live Oak Bank
    Nov 15 · liveoak.bank
    SBA Lenders Directory | SBA Loan Experts at Live Oak Bank
    SBA Lenders Directory | SBA Loan Experts at Live Oak Bank
    Live Oak Bank - FranchiseRESALES.com
    Live Oak Bank - FranchiseRESALES.com
    May 22 · globenewswire.com
    Live Oak Bank Announces New Lending Segment for Franchise
    Live Oak Bank Announces New Lending Segment for Franchise

    Related Questions

    What are Sims Richardson's key achievements in his role at Live Oak Bank?
    How does Sims Richardson tailor loan options for franchise restaurant owners?
    What makes Live Oak Bank unique in its approach to franchise restaurant lending?
    Can you provide examples of successful franchise restaurant loans facilitated by Sims Richardson?
    What is Sims Richardson's educational background and how has it influenced his career?
    Sims Richardson
    Sims Richardson, photo 1
    Sims Richardson, photo 2
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    Location

    Wrightsville Beach, North Carolina, United States