Perpetuation Funding | Insurance Agency Loan
Contact Insurance Agent Loan:
Phone: (866) 374-3630
info@insuranceagentloan.com
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Insurance Agent Loan
 

Perpetuation Funding

April 12, 2014

Insurance Agent Loan, LLC provides financing for Insurance Agencies for Acquisition, Perpetuation and Capitalization.  In addition to working with Insurance Agents, IAL also works with companies in the service industry, manufacturing, and distribution, just to name a few.  Our sweet spot for funding companies is $300,000 - $5,000,000.

Depending on valuation, many companies are sold for 1.5 – 2.5 times annual revenue.  Our lending platform primarily evaluates the cash flow coverage of the company.  If the borrowers have credit scores of 680+ with no bankruptcies or short sales, then we can offer the following:

  • 10 year amortization
  • 5.5-6.5% APR
  • No pre-payment penalties

Required information for underwriting includes:

  • 3 years tax returns
  • 3 years P&L
  • 3 years balance sheets

Typical turn-around is 45 days or less from the time we receive tax returns, P&L and balance sheets.  Please feel free to contact us below for a free no obligation consultation.

Bill Friend, Principal

www.PremiumFinance.net

www.InsuranceAgentLoan.com

7603 First Place Dr., B-12

Cleveland, Oh. 44146

866.FRIEND.0 (374.3630)

866.839.3090 fax

216.225.4321 cell

**INSURANCE AGENT LOANS for Acquisition, Perpetuation and Capitalization.  

Premium Finance Associates

In need of insurance premium financing? Our purpose is to provide superior insurance premium financing services for the property and casualty agent. Insurance premium financing can earn income for agents and maximize cash flow for companies. Premium Finance Associates offers the best premium finance options to agents.

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The Springtree Group

The Springtree Group is a company of entrepreneurs helping entrepreneurs. We offer a full spectrum of Mergers & Acquisition, lending and financial performance services and products to the Insurance Community.

Learn more about STG services »

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