Live Oak Bank, which includes a self-storage lending division, recently donated $250,000 to the New Hanover Regional Medical Center (NHRMC) Foundation in Wilmington, N.C. The funds will support patients and their families as well as physicians and staff at the NHRMC Betty H. Cameron Women’s and Children’s Hospital, according to a foundation press release.

The hospital’s birthing center has been named in Live Oak’s honor.

“We are honored and grateful to Live Oak Bank for this extremely generous gift. It is a testament to their philanthropic support of our community and to the hospital team [that’s] dedicated to providing quality care to the women and children in our region,” said Schorr Davis, the foundation’s executive director and vice president of development. “Our patients, their parents and loved ones will benefit from this gift for many years to come.”

The foundation raises and oversees funds for NHRMC, a network of hospitals, outpatient centers, emergency services and physicians in Southeast North Carolina.

Founded in 2008, Live Oak originally focused on lending to veterinarians before expanding to other healthcare-related industries and specialty areas such as self-storage. The bank provides small-business loans for acquisitions, new construction, refinancing and other real estate loans. It was voted Best Finance Company by readers of “Inside Self-Storage,” a trade publication for the self-storage industry, as part of its 2016 “Best of Business” poll.

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