Financing the expansion of a insurance agency. I own the equipment and book of business valued at 1.3 million?

I need to borrow 150,000 for a 10 yr period.

If a local bank won't finance this for you, then either your valuation of the agency isn't accurate, or your credit is too rotten.

You could sell half interest in the company to another agent who wants to get into agency ownership, to raise the funds.

if, in fact, the agency has a value of 1.3 million, why would you take 10 years to pay off $150,000.
if you are looking for someone to loan you the money, it would appear that a bank would be the logical source............................

Tags

　　Debt Financing 　　Capital Investment 　　Business Investment 　　Business financing 　　Business Invest 　　Business Debt 　　Bond Investment 　　Angel Funds

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