It’s a fact that 70% of businesses sold have some form of seller financing. Most sellers want a full cash payment which is understandable. There’s absolutely nothing wrong with selling a business and asking all cash. Continue reading "Seller Financing is the Best way to ensure your Agency is Sold"

Over the past several months lenders have been tightening their underwriting standards in both personal and business loans. We’ve seen a major insurance lender place a moratorium on all new financing and requirements from lenders are more demanding than ever. Many insurance agency loans are done through “insurance banks”. There are two ways to borrow from an “insurance bank” for insurance agency purchases. The first way we’ll discuss is Continue reading "Financing an Insurance Agency Purchase"