Insurance Agency Seeking Loan in Bend, United States
Insurance agency in Oregon handling more than 1,000 clients under home, auto and business insurance.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 288 thousand |
| Run Rate Sales | USD 312 thousand |
| EBITDA Margin | 40 % |
| Industries | Insurance Agencies |
| Locations | Bend |
| Local Time | 3:23 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
250 thousand
for
10.0%
annual interest,
5
years
(Native Currency: USD 250,000)
Reason: Need working capital to expand to other cities on the West Coast.
Collateral Available: USD 250 thousand
Includes physical assets worth
USD
60 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
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Documents
Interest Rate
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Business Overview
- Insurance agency operating for more than 6 years.
- We offer risk management strategies, policy renewals, and claim tracking services to clients.
- We are active in Oregon and Washington but 90% of our clients are from Oregon.
- Handling more than 1,000 clients under the home, auto and business insurance.
- Our clients are direct individual end-users.
- We purchase running policies from insurance agents who are retiring and we continue that insurance.
- Revenue is generated from the insurance policy commissions.
- Promoter is in this field for more than 20 years and has in-depth experience.
- Physical assets include computers, laptops and furniture.
- We offer risk management strategies, policy renewals, and claim tracking services to clients.
- We are active in Oregon and Washington but 90% of our clients are from Oregon.
- Handling more than 1,000 clients under the home, auto and business insurance.
- Our clients are direct individual end-users.
- We purchase running policies from insurance agents who are retiring and we continue that insurance.
- Revenue is generated from the insurance policy commissions.
- Promoter is in this field for more than 20 years and has in-depth experience.
- Physical assets include computers, laptops and furniture.
Products & Services Overview
We are an insurance agency offering risk management strategies, policy renewals, and claim tracking services to clients.
Assets Overview
The business owns some office equipment along with the interiors and furnishings of their office.
Facilities Overview
Operating from a leased office space in Bend.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysReferral Partner, New York, Financial Consultant connected with the Business
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Earlier than 15 daysOwner, New York, Financial Consultant connected with the Business
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Earlier than 15 daysCo-founder, Lewes, Financial Consultant connected with the Business
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