Insurance Agent Broker Business Capital Loans
Your best option for Insurance Agent Broker Business Capital Loans might be through a bank. Banks and SBA lenders rates tend to be lower than alternative lending. Even if you are told that you are a good candidate for a small business loan. Banks require extensive credit and financial documentation, and their approval processes are lengthy. If you are approved it can be weeks or even months before you get the capital you need.
Insurance Industry Growing
The NAIC Financial Regulatory Services Department reports the insurance industry has seen positive growth in the past few years. Insurance Agency Capital Business Loans can enable you to quickly acquire another agency or purchasing its book of business, marketing for new customers, new equipment, or hiring new staff to manage the increased amount of business. If you’re insurance agency is captive or independent, your livelihood relies heavily working capital.
More Efficient Way
provide an easier and more efficient way of accessing working capital in as little few days without the hassles of a traditional bank loan. We do not require any plan or purpose for the funds to be deposit directly into your account. It is completely up to the owner how they wish to utilize the money. Business Capital Loans provide businesses with the cash they need to run their business and can be a great way to obtain fast unsecured financing.
Business Capital Loans Are Approved Quickly
Our application process is different from other banks or lenders. We focus on the actual business performance that can be reviewed with a few months of bank statements. This allows us to be flexible on credit history checks and avoid the unlimited documents connected to your approval. We offer funding from $5000 to $250,000. The actual rate and term is dependent on the performance of the business. The amount capital that can be borrowed is dependent on the monthly deposits. There is very little paperwork involved this is the main reason why the application process is so quick. There is not a single bank in the country that can approach the efficiency and speed of what an alternative lender can do for you.