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How to Properly Position an Agency When Planning to Borrow from a Bank

Unlike “traditional” businesses, an insurance agency has a unique business model with low capital requirements and no significant working capital needs. But when capital is needed to seize an opportunity, the capital required can be substantial. Since many principals may never have borrowed from a bank, they may not be familiar with how credit is gained.

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Alexandria VA 22314
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fax: 703.683.7556
email: info@iiaba.net

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