I'm about to show you the coolest way I've ever seen for an insurance agency to get money to grow.
Now this is cool if you own an insurance agency maybe you're looking to start one maybe you're
looking to buy one, or maybe you know somebody in your circle who actually wants to get money for
their own insurance agency. What's cool about this is you're able to get low rate long-term
financing specifically for your industry, and in this training I'm going to show you how. I'm going
to reveal how you can get book of business financing using your renewable commissions
as collateral to get approved, your other cash flow doesn't matter personal credit quality
doesn't matter you don't need any other kind of collateral besides your normal book of business.
If you have that you can get approved even it's a high risk industry even if you're a startup now
you can use book of business financing to be able to get money for your current insurance agency,
it's also the most popular kind of financing used to purchase an insurance agency as well.
So during this video I'm going to show you everything you need to know to get approved
I'm going to sprinkle in tips to get the most money for your business, as a matter of fact
I'm going to show you how to get more money than you even need with this program and
if you stay to the end I'm going to help you access our funding vault of 27 killer ways to get money for
your business, so even if you're not in the insurance industry I'm going to show you how you can
get money to start and grow your business. We've got a lot to dive into so let's get started.
So book of business financing, one of the coolest financing products I've ever seen in the business
world. One of the reasons it's my absolute favorite is the fact that this is the only program I've
seen in 20 years in financial services where almost every single borrower ends up with
more money in the approval than they even need, they usually take less than they're actually
approved for. Another reason that book of business financing is one of my favorites is that you can
get really long term and really low rate you can typically get this for up to 5 years and get
an interest rate of 5, 6, 7, 8 % so it makes your payments really affordable now.
This works for insurance agencies so book of business financing is most popular in two
different worlds, you're either an insurance agency is looking to get money or secondly you're looking
to buy an insurance agency, maybe you're not even in the insurance industry now or maybe you're
an insurance agency now that's looking to expand and buy another agency still this is the perfect
product for you. So with book business financing ultimately you're using your renewable
commissions to qualify for financing then for those of you that are insurance I'm sure you already know
some of those watching that aren't you know renewable commissions are basically you know
people that come in and renew on their policies every year. So I have auto insurance and I never
get new auto insurance and policy just auto-renews, well those renewable as the renewable
commissions are assets worth money, and with book of business financing you're able to borrow as
much as 125% of the surrender value of those actual commissions. So the surrender value kind
of has to do with if you were going to give those back to the agency you work with so if you're a
GEICO agent for example and you basically close your practice and sell those back to GEICO, that's
the surrender value. So you're able to get as much as 125% financing of the surrender value of your
renewable commissions, 3 to 5 year term low-interest rates and it's really easy to qualify. All
you typically need to get approved is you need to have average credit like a 620 FICO score you need
to obviously then have renewable commissions and for some reason for this program what they
really like you to have is some kind of reference like you have 1 or 2 references of other
people that you've paid back, and if you have those things well then you could typically get approved.
You don't need to have good credit, you don't need to have cash flow or verify any cash flow, you
don't need to have any other kind of collateral the renewable commissions themself are enough to
qualify you for book of business financing. Now again this program is specific to those in the
insurance industry, a lot of other industries might have renewable commissions, but book
of business financing is the one unique kind of financing that is only available for those in the
insurance sector. So if you are in the insurance sector you need to look into this program, because
it's one of the easiest and fastest ways to get money for your business and you'll typically
get way more than you need at really good rates and terms, which means you get really affordable
monthly payments. So make sure you look into the book of business financing to get the
money you need, and now I want to tell you a little bit more about access even more money
through our funding vault. So our funding vault is 27 killer ways that you can get money for
your business even if you're not in the insurance industry and you can get that at
creditsuite.com/27ways, that's creditsuite.com/27ways and also you're entitled
to a free consultation with us, so if you'd like to learn more about all the financing
you can qualify for now if you'd like to get your business credit reports for free if you'd like to
go over those credit reports, even see all the things in your fundability that are messed
up that you need to fix to be able to get the most money at the best terms for your business,
then schedule a consultation with us. All that happens at no cost with a consultation
you can give us a ring at 877-600-2487 that's 877-600-2487 you can also visit us online at
creditsuite.com/consult that's creditsuite.com/consult to be able to schedule,
or just send us an email, info@creditsuite.com and don't forget to like and subscribe so you can get
even more tips and tactics from us to get the money you need to start and grow your business.