Taking a page out of the big-bank playbook, Hibernia National Bank in New Orleans will soon offer instant loans online to its small-business borrowers.

The $15.7 billion-asset Hibernia Corp. subsidiary plans to make loans online through an agreement with LiveCapital Inc. of San Mateo, Calif. Large national companies such as First Union Corp. and Citigroup Inc. have been using LiveCapital's Lending Direct software for several years, but Hibernia is the first bank in Louisiana to offer the service, said Mike Grossman, chief executive officer at LiveCapital.

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