Looking for an advantage over your competition? With capital from Providence Bank Agency Finance, you can:
- Reposition your business
- Strengthen your competitive position
- Increase your working capital
- Enhance your technology
- Acquire an agency
- Plan for succession
- Or whatever will help you pull ahead of the competition!
Providence Bank Agency Finance can make your dream an immediate reality. So why wait?
You choose the financial solution to fit your business.
Providence Bank Agency Finance is dedicated to providing independent and captive agencies with financial solutions. Whether you need cash or a customized business solution, we convert the value of tomorrow's commissions into immediate capital. If you are looking to purchase another agency, you can use the commission revenue from the agency you acquire as collateral for a loan. We offer flexible financing to complement your situation and assist you in achieving your goals. So, whether you've only been in business a few years, you're a growing agency, or you're a principal of a large agency looking to retire, Providence Bank Agency Finance can provide a financial solution to fit your specific needs.
Experience Providence Bank Agency Finance.
Choose a term loan of up to 10 years or a line of credit that's annually renewable. Term loans are lump sum disbursements with a payback over a specified period of time. A line of credit allows your business to borrow, repay, and borrow again, up to the original commitment amount. Minimum loan amount is $25,000.
Why choose Providence Bank Agency Finance?
- Daily sweep of excess cash
- Competitive interest rates and fees
- Management with extensive experience providing financing to the insurance industry
- Streamlined process
- Dedicated account manager
Get a quote with an account manager, or call us at 877.894.2785.