We collateralize commissions.
Banks want traditional collateral to secure their loans. Our business model is different. We believe your financial positioning determines your potential. We look at your annual commissions and simple business information to understand your agency and your needs. By treating your potential commissions as collateral, we can get you the funding you need and do it quickly.
We know what it takes to build a strong book of business and we understand how to value it.
By collateralizing your commissions, and collecting just enough business information to understand your agency, we can get you the funds you need to stay nimble and respond to opportunities to develop or grow your business.
Simply apply. No fuss, no headaches.
Talk to us:After an initial 30-minute consult, we’ll understand your agency and your needs, and you’ll know if we’re a good fit for your agency funding.
Craft your terms:We’ll need some simple business info to get you a term sheet in 24 hours. Once you understand and agree to the terms, we’ll need some basic financial documentation to get our underwriting process started.
Get funding:Once we receive your financial documents, your funds can be in your account in as little as five business days, ready to use.
As your agency evolves, our funds go to work for you.Your agency grows and changes, and so do your financial needs. AgileCap supports agency growth and development through all stages and phases. Our flexible funding options can help you with cash flow as you get established, fund infrastructure as your firm expands or changes, and facilitate a smooth transition during succession planning. We have the experience and knowledge to support agencies with funding for:
MERGERS & ACQUISITIONS
RECRUITMENT & TRAINING
See how other agency owners have worked with AgileCap.
What is AgileCap?
AgileCap provides customized lending products for insurance agencies in need of flexible and fast business loans. In fact, we only lend to insurance agency owners so we are the insurance industry lending experts. We help our clients capitalize on growth opportunities and fund the initiatives to build businesses. We are pleased to be the agency owner’s long-term lending partner and advocate.
How is AgileCap different from other lenders?
Unlike traditional banks, AgileCap understands the primary asset of any insurance agency—its book of business. AgileCap is able to collateralize this asset in a way that traditional lending institutions are unable or unwilling to do. Our flexibility and understanding of the insurance industry sets us apart from the competition.
Why should I choose to work with AgileCap?
We are fast, flexible, and knowledgeable. When agencies come across growth opportunities—acquiring another agency, purchasing a book of business or undertaking a marketing or staffing growth initiative—it’s critical to find a lending solutions partner that can provide the funding quickly. AgileCap’s Lending Advisors can help agencies capitalize on those growth opportunities and put you ahead of the competition.
What are your loan amounts? Rates? Do you have a list of products?
What fees does AgileCap charge?
There is a one-time set-up fee typical of most commercial loans. This fee is based on many factors, including the amount you are borrowing and your credit score. We do not charge annual fees. We do not charge pre-payment penalties. Typical of all lenders, late payment fees do apply.
What documentation do I need to provide?
How long does it take to receive funds from AgileCap?
We first send a preliminary term sheet for your approval which can be produced within 24 hours of receiving the details of your loan request. Once you have approved the preliminary term sheet, we provide you a list of documentation required for underwriting your loan. Once all documents are received, we can deliver funding within 5 business days.
Are the funds from my loan paid directly to me?
If your loan proceeds are being used for an acquisition or paying off an existing debt we send them directly to the seller or institution. Funds used for capital expenses and other growth initiatives are placed directly in your business operating account for immediate use.
Can I use the funds to pay off debt previously acquired?
Not a problem. We frequently consolidate higher rate debt for our clients. We also require to be in 1st lien position, so if you have other business debt already, you will want to take that into consideration.
I’m a sole proprietor or general partner—can I get a loan?
As AgileCap is a commercial lending provider, all our clients must be set up as an LLC or Corporation prior to loan funding.
Are you a direct lender or are you a broker?
AgileCap is a direct lender and has a full internal underwriting staff. We do not farm out our clients to other institutions. However, if we determine your needs are better suited for one of our partner organizations, we will make the proper introductions. Our client’s best interests are always placed as priority number one.
How secure is my information?
We take your security very seriously and follow the required information security practices to maintain the integrity of your information. We can never see or store bank/data source login information, and we have no access to save or change your bank account data.
Can I get more than one AgileCap loan at a time?
We often work with our clients on multiple growth initiatives. We are set up to be your ongoing lending partner to help you capitalize on successive acquisitions or growth campaigns. We will develop a creative lending strategy to fit your specific needs.
Can I reapply at a later date if I am not qualified?
Yes. And, we work with clients on an individual basis, so if there is a justifiable reason for a qualification issue, we are able to adjust when it financially makes sense.