Westfield Bank logo

Your trusted source for financial solutions

Westfield Bank is your trusted source for financial solutions that fit the needs of your agency. As a bank owned by Westfield Insurance, we have specific insight into industry trends and the needs of your agency.
 

Customized solutions

Westfield Bank is a dedicated banker with expertise in agency financing that will work directly with your agency. Together, you’ll develop a customized solution to meet your financial needs.
 

Leverage your greatest asset to help you grow

Westfield Bank values your book of business just like other banks value real estate. Let Westfield Bank show you how to leverage your greatest asset to help you expand and perpetuate.
 

Comprehensive products tailored specifically for your industry

  • Agency Loans
    • Acquisition and perpetuation loans
    • Transition of ownership
    • Non-compete buyouts
    • Agency office building financing
    • Working capital lines of credit
       
  • Commercial Premium Finance
    • Flexible terms and competitive rates
    • Revenue-sharing opportunities
    • Prompt funding directly to you, not the carrier
    • User-friendly, real-time quoting and account information through our secure web portal
    • Online account access to customers
       
  • Deposit Solutions
    • Secure online cash management services
    • Real-time balance and detailed transaction reporting
    • Remote check capture – scan checks right to your computer
       

To learn more about how Westfield Bank can help your business achieve its goals, visit westfield-bank.com or click the button below.

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Live Oak Bank

A bank that knows the insurance industry

Live Oak Bank knows the insurance industry. The insurance lending team has over 40 years of experience in agency operations, financing and mergers and acquisitions. Live Oak leverages insurance industry knowledge and financing expertise to help you meet challenges and seize opportunities in any market. Whether you’re looking to acquire another agency, refinance an existing loan or buy out a partner, Live Oak makes it a smooth transaction.

Your loan can be used for:

  • Merger and acquisition funding
  • Perpetuation funding
  • Consolidation and refinancing of existing loans
  • Working capital
  • Real estate & Construction

To learn more about how Live Oak Bank can help your business achieve its goals, visit liveoakbank.com or click the button below.

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InsurBanc logo

A bank dedicated to helping the independent insurance agent remain independent

Ready to take your agency to the next level? InsurBanc understands the value of your insurance business and offers creative lending solutions to meet the needs of agency entrepreneurs, whether you are:

  • Passing the agency on to the next generation, or
  • Purchasing another agency.

And, just like no two agencies are alike, the perpetuation/acquisition structures we offer are just as unique. We have the expertise in perpetuation lending to help your plans become a reality. Possible structures include:

  • Personal buy-outs
  • Deferred compensations
  • Stock redemptions
  • Trusts
  • Leveraged ESOPs (Employee Stock Ownership Plans)
  • Recapitalizations

All loans subject to credit review and approval.

To learn more about acquisition and perpetuation loans, as well as other commerical loan and banking options, visit insurbanc.com or click the button below.

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