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Insurance Agent & Broker Seller Notification Services

Insurance Agent & Broker Seller Notification Services

Springtree Group is the largest company in the U.S. to offer a portfolio of loan packages and services to specifically support the insurance agent and brokerage community. In our daily conversations with clients, we address the two most common questions, “Will you finance an agency or brokerage operation?” and “Do you know of any agencies for sale”?

We only work with buyers; however, over the years we have developed relationships with an extensive group of more than 3,100 business intermediaries across the U.S. that represent sellers. We are also recognized by select DOIs, and by numerous professionals in the Consulting, Legal, Venture, Banking and Private Equity ranks as a source for financing and strong relationships with buyers. Because of the specialized nature of our business, these intermediaries look to STG as the “go to” source for financing, as well as relationships with active buyers in this space.

On a monthly basis, we send notifications to our group of contracted buyers, alerting them to a new fresh group of sellers in the different markets around the U.S. Please keep in mind we do not represent sellers, we represent you, the buyer. Most of the listings sent to us are what are referred to as “Pocket Listings” with little general market knowledge of the availability. Often, sellers want the sale kept very low-key so as not to raise concerns among employees, clients and their insurance markets.

By utilizing our national approach, buyers are able to view listings in needed development areas for their companies, not just their home towns. As an example, we have a considerable number of current owners in the upper Midwest and North East that have the desire to consider shops in Florida. We have a very active and sizable group of sellers in Florida.

As an added advantage, the cost of this service is credited towards the M&A fees we charge once the deal is completed. If you have interest in knowing more about this our any of our products or services please contact us online.



7 Myths About SBA Loans: Separating Fact from Fiction

Countless business owners are unaware of the fact that the SBA has guaranteed in excess of $18 Billion in small business loans so far this year. Why not you?

The Springtree Group (STG) offers The Seven Myths of Getting a SBA Loan as a free service to brokerage/agency owners who need capital to grow, buy or sell their firms. STG is the largest company in the U.S. to offer a portfolio of financial packages to specifically support the agent and brokerage community. Our SBA package is one of these offerings. As with our other loan packages, our SBA program typically provides loans based on your firm’s cash flow, not your personal hard assets. See which of the seven myths below you previously believed, and how getting the facts can help you achieve your business goals.

The Seven Myths of Getting a SBA Loan:

Myth #1 – The SBA is for small business loans for people with poor credit who cannot find capital elsewhere.
Not true – SBA working capital loans go up to $5 million.

Myth #2 – Getting a SBA loan means you will have to deal with the government.
Not true – The SBA guarantees the loan. The funds are loaned from a bank. You will deal with the bank.

Myth #3 – To get a SBA loan you must be fully collateralized.
Not true – “A loan request is not to be declined solely on the basis of inadequate collateral.” SBA Standard Operational Procedures

Myth #4 – SBA loans have higher interest rates and shorter terms than conventional loans.
Not true – Current working capital loans are at 6% with terms out to 10 years.

Myth #5 – The SBA requires you put down at least 20%.
Not true – Your existing equity in your company can allow you to borrow without an additional cash injection. When you purchase an agency, a seller note is considered equity.

Myth #6 – Since you are preparing to sell your business, you have no need to understand the SBA as a source of capital.
Not true – Educating potential buyers of the SBA as a source of capital can allow you to reach a broader market – and prevent you from having to finance the buyout yourself.

Myth #7 – The process of getting an SBA loan is a nightmare.
This one happens to be true – if you do not have a professional team that knows the system, has the banking connections with SBA lenders, and can get advocacy from the SBA on your behalf.

If you are agency owner looking to sell to an outside entity, sell to your children, buy other agencies, grow their agencies or start a new agency please contact us.

To schedule a phone conversation and receive a FREE FINANCIAL ANALYSIS to determine whether an SBA loan is right for you, please contact us online.



Finding Buyers for Your Insurance Agency Clients

Finding Buyers for Your Insurance Agency Clients

We are highly encouraged by the activity we are seeing in our pipeline of buyers interested in acquiring an established insurance agency or brokerage. Generally, our buyers are looking for firms under $5 million in commission revenues. All of our fees are paid by the purchaser. You incur no obligation or expense and all inquiries are kept confidential.

Springtree Group (STG) also facilitates the financing of these deals. As a consequence, our clients have the ability to move quickly and can provide terms with limited contingencies. Financing is a critical need for agencies in this size range. STG is the only national company that offers a full range of financing options for the agent and brokerage community.

STG represents buyers across the continental U.S. looking for multiple agencies of all sizes. If you represent sellers or have knowledge of any such firms please contact us.