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Agency Acquisition Funding
We know that you will need to grow your business
to maintain your commission income, especially with the changes in the federal
program. We can help. If you are thinking of buying a crop
insurance agency or a block of business, contact us.
We can provide financing for:
- Acquiring another crop insurance agency
- Purchasing a block of crop insurance policies
- Partner buy-outs
- Succession planning
- Debt consolidation from a prior acquisition
Simple requirements:
- Crop insurance experience
- Stable and profitable business
- Transition plan with the seller
- Good credit history
- Alliance partner
Up to one-third of all crop insurance agents
will sell out or leave the industry in the next few years. Have your plan in
place so you can move quickly when the opportunity arises. Contact us today.
If you are selling - let us know - we know
qualified buyers in your area.
All financing will be subject to Bulletin MGR-10-011.1. Financing will be made on
commercially reasonable terms (rate of interest, duration and repayment terms typical
of commercial loans) as determined by FCIC and will be repaid in accordance with such
terms.
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