When Is The Best Time of Year to Buy an Insurance Agency? The best time of year to buy an insurance agency is when the agency’s financials are complete, and your financing is in place. For most buyers, those two conditions line up from late fall through early spring....
How to Use Working Capital to Grow Your Insurance Business A working capital loan gives an insurance agency owner the cash to grow without waiting for the next round of commissions. You direct the funds toward hiring producers, marketing, technology, or acquiring a...
How to Value an Independent Insurance Agency For an independent insurance agent planning to sell, grow, or transition ownership, understanding agency value is the starting point for almost every major decision. Valuation shapes acquisition negotiations, succession...
Financial Advisor Succession Planning: How Business Loans Support the Transition You spent years building your financial advisory practice, and now you are planning the handoff. Whether you are a senior advisor preparing for retirement or a successor stepping in to...
6 Ways to Boost the Value of Your Insurance Agency Before Selling The price a buyer offers for your agency reflects how well you prepared before listing. Many independent agency owners focus on timing when planning a sale. The steps taken 12 to 24 months before...
Refinancing for Independent Agencies: When and Why to Do It Let’s say you took out an insurance agency loan to grow your business. Your book of business has grown, your financials have improved, and your current loan terms no longer reflect where you stand....
