Book-of-Business Financing

Book-of-business financing allows insurance agents and financial professionals to borrow against future commission receivables. Instead of using personal credit or business collateral, lenders approve funding based on the stability of renewable commissions and professional references.

To qualify, applicants typically need:

• An active renewable commission stream with at least three years of history.
• Three professional references (clients, business associates, or industry peers).
• A credit score of 450 or higher (lower scores may still be considered).

Unlike traditional loans, lenders focus on business history and commission reliability over personal credit scores.

Loan amounts range from $25,000 to $1,000,000, depending on:

• The size of your renewable commission stream.
• Your history of client retention and policy renewals.
• Your overall business financial health.

Since borrowers repay using future commissions, lenders structure funding to align with business cash flow and revenue cycles.

• Pre-qualification decisions are typically provided within a few business days.
• Funds are available within 1-2 weeks after approval.

Because this financing is based on commissions and references, it has faster approval times than SBA loans or conventional financing.

What can I use book-of-business financing for?

Funds can be used for any business-related expenses, including:

• Purchasing another agent’s book of business.
• Hiring and payroll expansion.
• Marketing and client acquisition.
• Office upgrades and software investments.
• Debt refinancing for better cash flow management.

With no restrictions on fund usage, insurance agents and financial professionals can strategically grow their business without taking on traditional debt.