Live Oak Bank, headquartered in Wilmington, N.C., announced that it has funded a multi-million dollar transaction to Florida FEC operator GameTime. The deal involved the refinancing of existing loans and providing 100 percent of the new capital needed to remodel GameTime’s flagship location in South Miami, Fla.
“We are committed to making a difference in the amusement industry,” said Live Oak Bank FEC Expert Ben Jones. “It is a great feeling to help people do meaningful things. Having access to both experience and capital is a positive change in the industry, and we are excited to continue to fund success.”