Pierce Verchick

Head of Broadband Lending
LiveOak Bank

Pierce Verchick has worked at Live Oak Bank since 2015, holding roles in its servicing division, credit underwriting department, and small business lending division. He has been responsible for more than $100M+ in small business transactions.

He is currently the head of broadband lending at Live Oak, and his team is responsible for providing senior debt solutions to companies in the broadband, internet service and data infrastructure industries. It focuses specifically on senior debt facilities such as conventional term debt as well as SBA 7a loans. The team also provides letters of credit support for operators participating in federal government grant programs. The bank has actively participated in the Connect America Fund II and Rural Digital Opportunity Fund auction programs.

Verchick earned a B.S. in finance and government from Wofford College, where he also played on the men’s Division I soccer program.