INDEPENDENT INSURANCE
AGENCY LOANS
Loans for Independent Agents
Capital Resources offers loan terms up to 15 years to Independent Agency owners just like you. We know insurance agency lending and particularly independent insurance agency loans. In fact, since 2005 our focus has been originating quality insurance agency loans to current and prospective insurance agency owners across the United States. Let us leverage that experience to provide you with the capital you need through an insurance agency loan designed to fit your goals.
Simply put, we want our customers to succeed, and we strive to support the financial needs and goals of each of our independent agency owners. With 20+ years of experience, $750M in loans originated., and deep understanding of the insurance industry, we are the go to source for your lending needs.
Our Focus Results in Speed
An Unparalleled Working Relationship
Capital Resources prides itself on offering strong client services. You shouldn’t have to settle for a one-size-fits-all loan program that could hinder your success in the long run. We know how stressful acquiring or expanding an agency can be, and we work closely with our customers to ensure the borrowing process is made easy. A few additional ways Allstate agency owners will be provided with an unparalleled working relationship include:
- Specialized loans for Allstate agents
- An intimate understanding of Allstate and the insurance industry
- We build partnerships, not just files
- We close loans fast
Advantages Not Found Elsewhere
Capital Resources is committed to providing affordable and accessible capital to captive Allstate agents. We strongly believe that your lender should be able to accommodate your specific needs by offering tailored lending products, and at Capital Resources, we do this daily. Additional advantages found at Capital Resources include:
- Rapid Loan Approval (underwriting in as little as a day and funding as quickly as a day after approval)
- Competitive Interest Rates
- Longer Amortizations (up to 15 years)
- 100% Financing Available
- Flexible Uses of Loan Proceeds
Types of Loans Available
Capital Resources provides quality insurance agency loans to current and prospective Allstate insurance agency owners for insurance agency acquisition, as well as for working capital, refinancing existing agency debt, and more. We work directly with each of our insurance agency loan customers to identify their unique goals and together formulate an insurance agency loan that helps accomplish those goals. Explore financing options for your agency today.
Insurance Agency Acquisition Loans
Refinance Existing Insurance Agency Debt
Many of our customers come to us to refinance loans they currently have with other lenders. Those lenders helped them reach the short-term goal, like acquiring an insurance agency, but often ignored the long-term need of flexibility gained through lower monthly loan payments or future financing. If you find yourself wanting to lower your monthly debt service related to an existing insurance agency acquisition loan or any other agency debt, then CONTACT US today.
Working Capital Loans
Our Allstate agency working capital loans are designed exclusively for Allstate agency owners, and are designed to provide quality working capital regardless of credit score. With these insurance agency working capital loans, Allstate agents are able to expand existing operations, refinance existing agency debt, payoff taxes, pay settlements, and much more.
These loans are great for owners who are already fully vested in their agency, and are wishing to consolidate debt that may have been acquired over the years.
When you’re ready, we’re ready. If you have any questions regarding our loans or the lending process, CONTACT one of our Capital Resources loan specialists now. We’re ready to make the entire loan process more comfortable, rewarding, and fast.
Why Independent Agents Choose Capital Resources
Independent insurance agency owners value flexibility, control, and partnership, and Capital Resources was built with those same principles in mind. For more than 20 years, we have provided financing that helps independent agencies grow while maintaining the freedom that defines their business.
We understand that no two agencies operate the same way. Whether you are acquiring another book of business, planning succession, or strengthening cash flow, our lending team works with you to build financing around your goals, not the other way around.
Independent agents choose Capital Resources for:
- Industry leading 15 year amortization: The longer the amortization, the lower the loan payment. This keeps more of your money where it belongs, with you.
- Industry expertise: decades of experience serving insurance professionals nationwide.
- Tailored financing: flexible loan options designed for acquisitions, perpetuation, or working capital.
- Long-term partnership: guidance and support that extend beyond closing.
- Dependability: Approximately $750M in loans originated with repeat borrowers who trust our process and performance.
“Capital Resources made it easy to fund our next stage of growth without giving up control of how we run our agency.”
-Independent Agency Client
See how Capital Resources supports independent agency growth.
FAQs About Loans for Independent Insurance Agencies
What are independent insurance agency loans?
These loans are financial products tailored to support independent insurance agents and agencies. They can be used for buying established books of business, satellite office expansions, marketing efforts, hiring staff, technology improvements, and more.
Who qualifies for an insurance agency loan?
Generally, independent agencies that boast a robust client base, reliable commission streams, and healthy cash flow are the ones that typically qualify for various opportunities.
Additionally, having substantial experience within the industry, coupled with a well-defined growth plan, significantly enhances their chances of success and acceptance in competitive markets.
Can I use the loan to acquire another agency?
Yes. Acquisition financing is a common use of independent insurance agency loans, especially if you’re purchasing another book of business or absorbing a competitor.
What is the collateral for an independent agency loan?
At Capital Resources, our loans are secured by your insurance agency assets. We do require a priority/first position lien on all of your insurance agency assets, therefore any other lien associated with the agency in question would be required to be released or subordinated to Capital Resources.
How much can I borrow to expand my insurance agency?
Loan amounts vary, but agencies can often access $50,000 to $1 million or more, depending on their revenue, client base, and creditworthiness.
See how much you can borrow and how to buy an independent insurance agency.
Are these loans only available to brick-and-mortar agencies?
Although most of our customers do have physical locations, it is not necessarily a requirement. As long as you meet the lender’s specific criteria regarding revenue and operational history, you can qualify. We understand how technology has evolved to open up markets to insurance professionals outside of their immediate physical location(s). It is important to understand that not all “virtual business models” are created equally. Just because we don’t specifically exclude virtual models, does not guarantee that all virtual agencies will qualify.
What documents do I need to apply?
You’ll typically need your business tax returns, profit and loss statements, a summary of commission revenues by type and carrier, agency licenses, as well as a completed credit application..