Independent insurance agencies are increasingly turning to capital to support growth — but what are they financing?
At the MarshBerry 360 Forum, Live Oak Bank’s Ryan Lattanzio, Loan Officer – Independent Insurance Agents and Covington Carlson, Senior Loan Officer – Independent Insurance Agents, break down with Eric Hallinan, MarshBerry Managing Director, some of the most common financing needs Live Oak Bank sees across the independent agency landscape, including:
- Agency and book-of-business acquisitions
- Partner buy-ins and buy-outs
- Investments in producers, marketing and technology
- Debt refinancing and commercial real estate
Hear more from this conversation on how agencies are thinking about capital as they pursue their next stage of growth.
