Live Oak Bank offers a variety of flexible lending solutions for insurance agents who wish to remain independent. Are you thinking about purchasing an entire agency? Acquiring a team of producers with a book of business? We’ll work together through our transparent loan process to make sure you receive the best possible deal structure.
Loans can be used for:
- Merger and acquisition funding
- Perpetuation funding
- Consolidation and refinancing of existing loans
- Working capital
- Real estate & Construction
Loans That Set Your Cash Free
- Longer Terms: 10 years for agency loans, 25 years for real estate
- No balloons, no calls or financial covenants
- Loan Amounts: Up to $10,000,000 in combination financing
- Expedited Loans: For loan amounts of $75,000 to $350,000
- Competitive Interest Rates
- Fast Closings: On average 45-60 days
