Key Takeaways
- Insurance agencies with active book of business qualify on commission and fee revenue
- Book of business acquisition, staff licensing, and technology all eligible for funding
- Life, health, P&C, and commercial lines agencies all qualify
- SBA closed to L-1 holders — Bankable funds insurance agencies directly
- Decisions in 48 hours, $50K to $2M
Insurance agency ownership generates highly predictable revenue: renewal commissions from existing policies arrive like clockwork. A P&C agency with 800 personal lines clients paying an average annual premium of $1,800 generates $144K in annual renewal premiums — and earns 10-15% commission ($14,400-$21,600) from each renewal cycle. Multiply this across commercial lines, life insurance, and group benefits, and a mid-size independent agency generates $250K-$800K in annual commission revenue from established clients without writing a single new policy.
L-1 holders in the insurance sector often come from multinational financial services, reinsurance, or actuarial backgrounds. An L-1A director at a global insurance company who obtains their P&C license and establishes an independent agency leverages carrier relationships and technical product knowledge that most independent agents take years to develop. The revenue is recurring, the clients are sticky, and the business is fundamentally bankable.
Insurance Agency Capital for L-1 Holders
- Book of business acquisition: Purchasing a retiring agent's client book — typically valued at 1.5-2.5x annual commissions
- Staff licensing and training: Pre-licensing education, state exam fees, and E&O insurance for new agents
- Agency management software: Applied Epic, AMS360, or HawkSoft for client and policy management
- Marketing for new business production: Google Ads, direct mail, and referral partner development
- Working capital for commission lag: New policies generate commission 30-60 days after binding — working capital bridges this
Check your Bankability Score or call (786) 443-5511.
Frequently Asked Questions
Yes. Licensed insurance agencies owned by L-1 holders with documented commission and fee revenue qualify for Bankable funding. Active state P&C or life/health license required. No green card required.
Policy renewal commissions, new business commissions, broker fees, consulting fees, and group benefits administration fees all qualify. We evaluate annual commission revenue from the agency's active book of business.
Book of business acquisition is a common and fundable use case. We evaluate the book's renewal retention rate, premium volume, and commission income to assess the acquisition's repayment capacity.
Yes. Commercial P&C agencies with business clients often generate higher per-account commissions than personal lines. Commercial lines agency revenue is a strong Bankable profile.
Contingency commissions from carriers for loss ratio performance are bonus income that we treat as supplemental rather than base revenue. Base renewal commissions are the primary underwriting metric.
Yes. Pre-licensing education costs, state exam fees, and the 60-90 day ramp period before a new agent produces commissions require working capital. Bankable funds this against your existing book of business revenue.
Yes. Medicare Advantage, Medicare Supplement, and ACA marketplace brokerage revenue qualifies. CMS fee caps are considered in revenue evaluation. Independent health insurance brokerages are a strong growing segment.
Agencies with $50K or more in annual commission revenue from an active book qualify for initial review. Agencies with $200K+ in annual commissions qualify for larger facilities.