Question 1

How can an SBA 7(a) loan benefit my insurance agency?

Accepted Answer

An SBA 7(a) loan provides flexible, long-term financing that can help your insurance agency manage cash flow, acquire assets, and support growth without requiring substantial collateral.

Question 2

What do I need to qualify for an SBA 7(a) loan for an insurance agency?

Accepted Answer

To qualify, your agency must be a for-profit business with a strong financial foundation, good credit, U.S. ownership, and meet the SBA’s eligibility criteria.