Insurance Agency Seeking Loan in Bend, United States

Insurance agency in Oregon handling more than 1,000 clients under home, auto and business insurance.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 312 thousand
EBITDA Margin
40 %
Industries
Locations
Local Time
8:35 AM United States
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
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
User Verification
Documents
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.

Products & Services Overview

We are an insurance agency offering risk management strategies, policy renewals, and claim tracking services to clients.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Affiliate Broker, Chesapeake, Financial Consultant connected with this business
  • Earlier than 15 days
    Director Of Financial Services, Memphis, Financial Consultant connected with this business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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