Live Oak Clean Energy Financing LLC Selects Ivory Consulting's SuperTRUMP to Support It's Newly Formed Utility-Scale Solar Leasing Division

Ivory Consulting’s SuperTRUMP Pricing Software to Support Complex, Tax-Advantaged Solar Transactions

(WALNUT CREEK, CA – April 3, 2017) - Ivory Consulting Corporation announced today that Live Oak Clean Energy Financing LLC, a subsidiary of Live Oak Bancshares, Inc. (NASDAQ:LOB), selected Ivory Consulting’s flagship product, SuperTRUMP, to support its newly formed utility-scale solar subsidiary in the modeling and pricing of its tax-advantaged solar leases.

“Ivory Consulting is honored to support a rapidly growing business that is focused on bringing economic development to locations around the country via its solar programs, and we are pleased that the renewable energy functionality in SuperTRUMP easily and quickly handles all aspects of their unique, complex, and tax-advantaged solar transactions,” said Scott Thacker, CEO, Ivory Consulting.

“We are extremely pleased with the high level of training and ongoing support we have received from Ivory Consulting in developing and maintaining our solar lease pricing template. SuperTRUMP continues to be a critical component of our business in all aspects of lease pricing and risk management,” said Scott Preiser, Domain Expert-Leasing, Live Oak Clean Energy Financing LLC.

About Ivory Consulting

For over 30 years, Ivory Consulting Corporation has been the leading provider of equipment lease and loan pricing software and consulting services for the equipment finance industry. Ivory’s flagship product, SuperTRUMP, is the industry standard for pricing and modeling complex leases and loans. That’s why it is trusted by four of the Monitor top five companies. Ivory is privately held and headquartered in Walnut Creek, CA.