Experienced Insurance Premium Financier with Authority to Transact in 48 States

The company operates as an independent lender that finances property and casualty insurance premiums for commercial & personal lines. The company is authorized to transact in the Contiguous U.S.

Key Aspects

• More than 29 years of business operations with extensive internal fraud prevention techniques
• Experienced staff totaling more than 129 years of cumulative experience in the premium finance industry
• With licensing & authorization to transact in 48 states
• Strong direct sales strategies in place
• Member of the New York, Texas, and National Premium Finance Associations

Opportunities

• Hire additional direct sales reps in other strategic locations to increase sales
• Develop referral system for banks with non-real estate portfolios, as well as with wholesale insurance brokerages or insurance companies
• In Q2 2023, the company is onboarding a client, which is projected to increase the personal lines annual loan volume by more than 20% and the company's overall loan portfolio by more than $4 million, according to ownership
• Pursue additional commercial and personal loan segments with increased capital requirements

Headquartered

• South Central, U.S.

Current Markets

• The company serves independent retail insurance agencies and wholesale general agents in the contiguous U.S. The company's target market includes loans of less than $250,000 in retail, mid-market, and wholesale channels. The company's indirect client base are individuals whose premiums are financed.

Real Estate

• The company operates from an 1,800 square-foot office space, which is leased from an affiliated entity. Ownership is open to leasing the space post-sale.