Insurance agents can obtain low-interest, long-term financing using renewable commissions as collateral. This program is the best program available for insurance agents regarding approval requirements and approval terms.
You can be approved for a 3-10 year loan or credit line for your insurance business, even if you have average credit. All you truly need to qualify is a book-of-business of renewable commissions. You can even use the book-of-business for the insurance agency you are buying as collateral to get approved.
Easy to Get Approved!
Insurance agents rave about how easy it is to qualify for this program. The lenders are mainly looking to insure you have a viable book of renewable commissions for your insurance agency. If you do, you can be approved even with a 520 personal credit score. You can secure as much as 120% of the surrender value of your renewable commissions. Most agencies can qualify, excluding State Farm. All you need for approval is a complete application and breakdown of your renewables.
You can obtain rates as low as 4% over the Prime rate and you can get loan terms as long as 10 years, helping keep your payments low.
Get Approved When Banks Say "No!"
Book-of-Business financing is the absolute best long-term solution for insurance agents who can’t secure SBA, or conventional type loan financing.
With Book-of-Business Financing your business doesn’t need to be perfect, nor do you need to supply the extensive documentation that lenders typically demand. You can get approved with just a quick review of your credit and renewable commission breakdown.
Unlike conventional financing you don’t need good credit, you can be approved even with severely challenged personal credit and scores as low as 520. Lenders are actually more interested in you supplying 3 solid references than they are with you having good credit.
Powerful Benefits!
Use Book-of-Business of Renewable Commissions to Qualify
Easily and quickly get credit and financing for your business and your customers by working with our industry-leading team of business advisors and finance officers.
Get your hands on our technologically advanced business credit building system
and customer management CRM to build
and scale your business.
BUILD YOUR EIN CREDIT
GET FUNDING
GET PAID
Get credit for your business and for your customers that's linked to your EIN, not
your SSN, through hundreds of vendors, retailers, and cash credit sources.
Get approved for business funding for you and your customers, even as a startup, having no collateral, or with challenged personal credit.
Offer turnkey business credit and funding solutions for your customers and earn thousands-of-dollars in commissions for your business while helping others get the capital they need.