Product Financing News: A Letter from Ben Jones

January 1, 2014 No Comments

I am very excited writing this as the newest member of the executive team at Live Oak Bank where I am part of a small group of specialized lenders who are starting a new niche lending division that will focus specifically on providing financing for FECs, small parks and attractions.

As senior lender/FEC domain expert of Live Oak Bank’s FEC vertical, my role is to facilitate loan opportunities by assisting manufactures, suppliers, distributors and operators to identify needs and then working in concert with clients to formulate the financing avenues to meet those needs. As an industry peer and former operator, I am uniquely positioned and bring practitioner experience to the financing solutions we will offer FECs and related industries. The programs we have established encompass refinancing, acquisitions, new development, remodeling, equipment purchases and succession financing. With loan amounts of up to $5M, our terms and rates are competitive with fully amortizing maturities of up to 25 years without balloons, calls or crazy covenants. We are a cash flow lender with a focus on our client’s long-term health, prosperity and growth. If you have financing needs such as lowering existing loan payments to improve cash flow, making an equipment purchase or if you want to grow your business, we should connect.

Live Oak Bank started in 2008 with a singular goal to provide loans to small independent businesses whose markets and industries had been overlooked by traditional banks and institutions. Being overlooked or even mistreated by a vast majority of the banking world is a familiar cry from almost every FEC operator or professional. In the 27 years I have been involved in the amusement and FEC business, we have never had a national lender remotely interested, let alone committed to learning about the nuances of our business or lending money to our industry. Live Oak Bank’s approach and business model is working, as Live Oak is already the nation’s second largest originator of small business loans with clients all across the country.

It is inspiring to be part of an amazing company with great vision, a willingness to learn and where the opportunities to make a difference within an industry I love are endless. In the coming weeks and months, I will be reaching out to the FEC community with more details. In the interim, let me know how I can help: you, your business or our industry; I invite your inquiry and feedback.

(Ben Jones is a senior lender/FEC domain expert with Live Oak Bank. For more information, visit


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R&R Creative Amusement Design

Designers of unique themed parks, attractions and environments for the entertainment business.

Fast Corp Vending

Frozen food vending machines

Lakeshore Merchandise (Smart Vending)

Premier vending supply for all of your vending equipment and supply needs.

Broaster Co., The

Food programs and food service equipment.

Flagship Carpet

Custom carpets and rugs.

National Rock & Sculpture

Dedicated to the conceptual design and development of themed environments.


Evaporative snow systems.

Kay Park Recreations Corp.

Picnic tables, grills, park benches, planters, trash containers and more.


Provides innovative IT products and services with a primary focus on card-based solutions and database applications for the leisure and retail industries.

Barron Games

Redemption air hockey games.

S&S Worldwide

Large Park amusement rides.

Birthday University

Concept development, training and birthday party touring seminars.

Master Pitching Machine

Batting cages and pitching machines.

Rides-4-U, INC.

New and used rides, kiddie, family, major and thrill.

Adventure Glass

Unique paddleboats.

Action Lighting Co.

Lighting supplies.

Chestnut Identity Apparel

Uniform supply, embroidered apparel and flag manufacturing.

Berk Paper & Supply

Concession supplies.


Manufacturer of waterslides

Muncie Novelty Co., Inc.

Admissions, financial equipment, printing and tickets.

Deltronic Labs Inc.

Ticket dispensers.

Wisdom Industries, Ltd.

Amusement ride manufacturer, new and used rides.

Enchanted Castle Studios

Fiberglass statuary and figures for restaurants, mini-golf, theme parks and other attractions.

Wells Fargo

Commercial insurance for inflatables and event planners.

Adventure Golf

Miniature golf courses, consultants, architecture and design.

Beckman Insurance Agency

Amusement attractions insurance.

Weldon, Williams & Lick

Admission systems and wristband ticketing.

California Portable Dance Floor Company

European Body Arts

Airbrushed temporary tattoo products and systems.

Max Flight

Manufactures interactive virtual reality motion-platform game systems including networkable flight and roller coaster simulators.

Comstock – Castle Stove

Commercial cooking equipment.

Perfect Fry

Innovative and simple-to-operate countertop deep fryer Perfect Fryers.

Rio Syrup

Over 250 flavors, syrups and concentrates for shaved ice, sno cones, shushes, food colors. Now featuring Hawaiian Flower Cups.

Lazer Runner

Laser Tag Systems

U.S. Bowling

Award-winning independent company brings bowling to your venue.

Sureshot Redemption

One-stop source for prize redemption counters at entertainment centers.

Formula K Raceways

Go-karts, kiddie cars and bumper boats, go-kart parts and tires.

Penny Press

Penny souvenir machine, great for parks, FECs, bowling and skating centers, museums and tourist attractions.

Klopp International, Inc. (Playmeter)

Quality coin counters and sorters.

Store on Wheels

Importer and distributor of quality toys, lighting and novelties. Cater to the amusement, retail and entertainment industries.

International Special Events (ISERA)

Risk purchasing group, a better way to purchase liability insurance, specializing in inflatables and much more.

Friedman Group Ins.

Insurance for amusement devices.


Flashing cotton candy cones.

Knight Equipment

Drive cables for ferris wheels, Tilt-A-Whirls, Rock-O-Planes and many others.

Gerber Manufacturing, Ltd.

Outdoor furniture, benches, picnic tables and grills.

Poly Products

Tables, benches and related products. Green products for a green world.

Ride Development Corp.

Electric floor, gas and battery-powered bumper cars.

Martin Professionals

A lighting supplier of choice for the entertainment industry.

Extreme Engineering
Rebound Unlimted, Inc.