Experienced Insurance Premium Financier with Authority to Transact in 49 States
South Central U.S.
Capital Markets; Other Financial Services
Client Code: BN000048256
Revenue (YTD): $1,623,053
EBITDA (YTD): $755,099
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 49 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
- Increase marketing budget to create more new customer opportunities nationwide
- 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.