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Shannon Hay

VP, Head of Accounting and Tax Lending at Live Oak Bank

Shannon Hay is a financial professional specializing in lending for accounting and tax firms. He previously served as Vice President of Accounting and Tax at Live Oak Bank, where he focused on providing loans for accounting practice acquisitions.14 Currently, Shannon holds the position of Senior Vice President of Commercial Lending at United Midwest Savings Bank, continuing his expertise in financing solutions for the accounting industry.23

Shannon's career has been dedicated to helping entrepreneurs achieve their goals of small business ownership, particularly in the accounting and tax sectors.5 He has extensive experience in evaluating, processing, and closing SBA accounting practice acquisition loans.4 Shannon is known for his expertise in commercial lending for the accounting profession and is considered a "guru" in this specialized field.3

Throughout his career, Shannon has demonstrated a commitment to understanding the unique financial needs of accounting and tax professionals. He has been involved in industry-specific lending, focusing on loans averaging around $1 million and utilizing SBA programs to facilitate firm acquisitions.1

Highlights

Behind the Scenes of Financing an Accounting Firm Acquisition
Behind the Scenes of Financing an Accounting Firm Acquisition

Related Questions

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Shannon Hay
Shannon Hay, photo 1
Shannon Hay, photo 2
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Location

Wilmington, North Carolina