At SFB, we have knowledgeable lenders who understand the nuances of the insurance industry and have experience in financing all your agency and personal needs.
We see your book of business as a predictable earnings stream. We understand that excellent management leads to business stability and customer retention. We offer assistance with insurance agency acquisitions, refinancing and partner buyouts.
"A large part of our firm's growth has been organic, but we also have had the opportunity to acquire several practices. SFB has taken the time to learn about our industry and has been instrumental in helping us be well capitalized in order to take advantage of these opportunities."
– SFB Insurance Agency Client
SFB has experience in financing a variety of agency acquisitions, including both large and small acquisitions throughout Wisconsin, Iowa, and Minnesota. Each situation is unique, so getting to know each other and understand your goals is the first step. The numbers matter, but banking and insurance are still people businesses. We start with the relationship.
Whether you want to buy out one or multiple partners, we will work with you to determine the best structure for financing. Not only must you consider the right amount of the buyout, it is imperative to structure a financing package that makes sense and is affordable to your agency.
How The SFB Loan Process Works
We like to get to know one another first in order to gain a better understanding of how we might best be able to help you. We will then gather financial information, identify your needs and customize financing to meet your unique situation. Knowing how precious time is, we work diligently throughout the loan application process with a sense of urgency. We will communicate with you every step of the way.
Helpful Resources & Tips
- Should Your Agency Have an Acquisition Strategy?
- How Does Our Loan Process Work?
- Five Steps to a Successful Acquisition
- What Questions Are Safe to Ask Your Banker?
- Positive Pay Could Protect Your Agency from Fraud
- Meet Our Insurance Lending Team
- Remote Deposit Services Becoming the Standard for Many Agencies
- Should I Refinance My Existing Bank Loans?
- Why It is Critical for Your Bank to Understand the Insurance Industry
- What Does a Bank Look for When Determining If they Will Finance an Agency Purchase?
More Than Just Your Banker
We'll provide support to you throughout the life of your loan – performing annual financial analysis and providing recommendations to continue to improve your business. Consider us a trusted advisor.
We understand that prompt attention to your needs is critical. At SFB, we are here to serve our insurance agency clients with a dedicated banking contact.