Live Oak Bank

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We’ve partnered with Live Oak Bank – a leading small business lender – to provide our agency partners access to their best-in-class financing solutions to keep independent insurance agents independent.

  • Insurance Expertise: Lending team that has extensive experience working in the insurance industry. They understand your business.
  • Cash Flow Lenders: The asset of an insurance agency is the book of business.
  • Use of Loan Proceeds: Acquisition, Refinance, Working Capital, Real Estate
  • Competitive Rates and Terms: Typical agency acquisition w/o Real Estate would have a 10-year term, rate between 5.5%-6.5% and no pre-payment penalty. Longer terms available for real estate loans.
  • Preferred Lender with the SBA: Lending process ensured an efficient process that provides for fast closings and funding. Most loans close within 60 days.

 

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Ready to learn more about how Live Oak Bank can be a strategic partner for your agency?

Complete the form below to be put in contact with Michael Strakhov, Executive Director of Insurance Lending at Live Oak Bank.

 

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More Information:

For more information on how Live Oak Bank can help your agency expand through the use of new capital, click the button below to visit their website.  

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