Insurance agencies are companies that source, write and bind policies for several insurance companies. These agencies are not specifically tied to any one insurance company and typically recommend the best insurance to their clients based on his or her needs. Insurance agencies require highly skilled staff, as well as a variety of office equipment to function properly on a daily basis. If you have an existing insurance agency, CMS Funding’s small business loans can help you grow your business.
About Insurance Agencies
Insurance agencies have traditionally been reliant on human talent. Setting up and running an insurance agency meant having highly trained salespeople engaging and selling insurance policies to customers. While this remains the bedrock of insurance agencies, there is a growing trend where these agencies use technology to reach and sign on clients. More and more insurance agencies have adopted the internet and mobile phones to create platforms where clients can sign on. They also use sophisticated algorithms to identify potential clients.
While these approaches are very efficient, they are also quite expensive. Insurance agencies that want to stay ahead of the technology curve must find funding to invest in these modern approaches. CMS Funding is your solid partner when it comes to working capital loans for insurance agencies.
Benefits of Our Working Capital Loans
How can insurance agencies benefit from our small business loans?
- With CMS Funding’s loans, you are assured of getting the funds you need to hire top-notch talent. This means being able to bring in highly qualified salesmen as well as risk assessors. These experts, in turn, allow you to grow your insurance agency and increase revenues.
- Taking a CMS Funding loan can help you buy office equipment including computers and printers thus increasing the efficiency of your operations.
- With CMS Funding’s loans, you can advertise and grow your brand. The insurance agency sector is highly competitive and the ability to differentiate your brand from the others in the market can lead to exponential growth.
- CMS Funding’s loans can help your insurance agency adopt the latest technology to help your business grow. This includes web and mobile platforms that can handle customer queries as well as handle some functions that your staff do.
What CMS Funding Offers for Insurance Agencies
Below is a list of our key small business loan features:
- Funding up to $500,000
- Funding available within 24 to 48 hours
- Terms ranging from six to 24 months
- Non-obligatory application after consultation
- High approval rate
- No collateral required (unsecured loan)
- Low interest rates
- Simple one-page application
- Quick and easy approval process
- Automatic payments
- Excellent customer service
- … and more!
Get the Funding You Need to Grow Your Business Today
When you come to CMS Funding for a small business loan or other financing solutions, you are guaranteed that we will give you feedback in no time. Our staff members are highly trained and are wonderful to engage with. We also have years of experience working with insurance agencies and so we intuitively understand your needs. Our loans are flexible and you even get a non-obligatory consultation to help you understand how we can help you.
If you have any questions about our small business loans for insurance agencies, do not hesitate to fill out our online working capital application form or call us at (855) 793-8637 to learn more.