Agent and Broker Financing Programs Expanded – ULOCs up to $250K

Springtree Group is the largest company in the U.S. to offer a portfolio of financial services built specifically to support the insurance agent and brokerage community. In our daily conversations with insurance entrepreneurs two of their most pressing questions are, “Will you finance an agency or brokerage operation?” and “Will you help us find agencies to buy?”

Because of the highly specialized nature of our business and the difficulty in securing funding resources, financing must take precedence in these conversations. Until the financing question is addressed, the idea and ability to acquire, MBO, or transfer to a partner or relative cannot truly take form.

STG has a national reputation as the “go to” source for providing a family of financial resources that specialize specifically in supporting agents and brokers. To our current group of seven different programs, including PEGs, VCs, SBA, and nationally known financial groups, we have recently added:

> An additional direct writer for SBA loans for agents and brokers

> A company that specializes only in AllState loans

> A new very low cost SBA packaging option

ULOC (Unsecured Line Of Credit) Program, providing loans up to $250K on your signature
· 700+ credit score and no significant credit misfires
· No upfront fees
· Line of credit basis. Only pay for what is used.
· 0% introductory rate for 6 months
· Can be used to make the SBA down payment

Micro Loans
· 500 credit score floor
· A variety of programs with loan amounts from $500 to $50,000
· Different restrictions and rates apply depending on the product
· A variety of programs dependent on needs and circumstances

As always, underwriting conditions apply in all of the programs we offer. If you have interest in knowing more about agency financing or any of the STG products or services please drop us a note or give us a call at 972.395.8811.