Specializing In Small Business Loans For Insurance Agencies

At United Capital Source, we are well-aware that even the most successful insurance agencies have had their share of ups-and-downs, typically because of economic downturns. Banks might be troubled by notions of tumultuous cash flow or previous credit issues, but this likely will not impact your application at UCS. We have access to business loans designed to tackle the insurance industry’s numerous common problems and help you move forward with growth-related investments.

Hiring salespeople is often a concern for today’s agencies because new hires need to be trained and likely will not begin to finance themselves for several months. A similar dilemma applies to marketing and technology, both of which may take time to contribute income. But with a correctly timed working capital loan, you could increase sales staff or launch a marketing campaign without worrying about how you’ll offset the heightened expenses and temporarily unrealized revenue.

These business loans can be used for more conventional purposes as well, like upgrading facilities or technology. We specialize in providing the means to meet demand increases, whether they be gradual or sharp and unexpected.

Debt doesn’t have to inhibit new business.

Since growth and sales go hand-in-hand in the insurance industry, agencies will likely benefit from our various working capital loans featuring sales-based repayment systems. With a revenue based business loan, substantial payments are only made when sales volume increases. The absence of fixed monthly payments immediately after distribution allows agencies to spend as much time as they need courting new clients while covering regular business expenses.

Despite inevitable fluctuations in cash flow, insurance companies must perpetually recruit salespeople and pursue new business. This is why most of our business loans do not require perfect cash flow, nor do they inhibit borrowers from concentrating on what they do best. Once funding is distributed, you have all the freedom to market yourself and generate sales without being excessively burdened by debt. Apply now to see how much you qualify for!