Jordan Cordero

Associate VP at Live Oak Bank

October 21, 2022 8:45 am

Sponsored By:

Buying Commercial Real Estate: An Avenue for Growth

Buying real estate for your business to operate out of can be a factor in unlocking your business’ growth, as well as building equity in a property and controlling your financial future. Live Oak Bank provides loans to home service companies to acquire and/or build their own facilities for their business to operate out of. This presentation will introduce why home service companies buy & expand their facilities, for both operational and financial purposes, as well as what bank’s consider when providing a loan for a home service company to buy their CRE and what type of loans are out there.

Jordan Cordero is a Loan Officer on Live Oak’s Service Contractors team. He focuses on providing business loans to HVAC, Plumbing and Electrical contractors for acquisitions, succession plans and commercial mortgages to help with new owners looking to acquire a business and existing owners looking to expand their business. Prior to this role, Jordan was an Underwriter at Live Oak and underwrote over $230,000,000 in SBA loans with over $75,000,000 being for Service Contractors. Jordan has been with the bank since 2016 and has been a part of the Service Contractors team since inception.