Key Takeaways
- E-2 insurance agency owners with documented commission and renewal revenue qualify for Bankable funding
- Book of business acquisition, staff expansion, and technology investment are all eligible uses
- Korean, Indian, Colombian, and Dominican E-2 holders operate US insurance agencies
- Renewal commissions represent annuity-like revenue that Bankable values highly in underwriting
- Funding from $150K to $3M with 48-hour preliminary decisions
Independent insurance agencies are one of the most financially stable E-2 visa business types. Commission revenue from personal lines (auto, home) and commercial lines (business owner policy, workers’ comp, commercial auto) renews every year as clients renew their policies. Client retention in the insurance industry exceeds 85% annually for quality agencies — clients are sticky because changing agents requires work and the relationship is trusted. Korean insurance agents serve Korean business owners and families across the US, often as the trusted advisor for their auto, business, and life insurance needs. Indian agents build practices serving South Asian community members. Colombian and Dominican agents serve their Hispanic communities with Spanish-language service.
Insurance agency revenue is the closest thing to an annuity in the small business world. Your current book of business — the total annual premium your agency manages — generates a predictable commission income that Bankable can project forward with high confidence. This makes insurance agencies uniquely well-positioned for revenue-based funding.
Insurance Agency Capital Uses
- Book of business acquisition: Buying a retiring agent’s client list and renewal commissions
- Staff expansion: Hiring additional producers and customer service representatives
- Technology: Agency management software, CRM, quoting platforms, and digital marketing tools
- Office expansion: Opening a second agency location in a new community
- Marketing: Building your community presence and digital lead generation
Book Acquisition Capital
Buy a retiring agent’s renewal commissions and client relationships.
Learn More →Working Capital Line
Revolving access for payroll and marketing during agency growth phases.
Learn More →Frequently Asked Questions
Yes. E-2 insurance agency owners with documented commission and renewal revenue qualify for Bankable funding. No green card required.
Independent P&C agencies, life and health agencies, commercial insurance brokerages, and specialty insurance businesses qualify.
We accept carrier commission statements, AMS or agency management system exports, and bank statements showing commission deposits.
Yes. Book of business acquisitions are a primary use case for insurance agency clients. We evaluate the acquired book’s renewal commission history.
Most Bankable insurance clients have $300K+ in annual commission revenue. Agencies with a high proportion of commercial lines renewal commissions may qualify at lower total revenue.
Yes. Second office buildout and staffing based on your existing book’s revenue is an eligible use.
Yes. Our underwriters are familiar with contingency commissions, direct commissions, and override structures across P&C and L&H lines.
Most states allow non-licensed investors to own insurance agencies if licensed agents run the day-to-day operations. Check your state’s insurance commissioner requirements.