SBA Loans for Insurance Agencies

Insurance Agencies received $2.0B in SBA 7(a) loans across 4,215 approved loans from FY2021 through FY2026, with Live Oak Banking Company leading at 372 deals. The sector's charge-off rate over this period is 1.3%.

Get matched with a lender →

$2.0B

Total approved volume

4,215

Approved loans

$470K

Average loan size

1.3%

Charge-off rate

Buyer's guide

How to buy a insurance agency with an SBA loan

Buying an insurance agency means buying a book of renewals, and what is really for sale is the right to keep them. That right depends on the agency's carrier agreements, the licences that must be in place on day one, and whether the clients stay once the seller steps back.

Read the guide →

Most active SBA lenders for insurance agencies

#	Lender	Loans	Total Volume	Avg Loan
1	Live Oak Banking Company	372	$337.0M	$906K
2	U.S. Bank, National Association	355	$106.7M	$301K
3	The Huntington National Bank	256	$49.8M	$194K

Source: SBA FOIA 7(a) loan-level data, FY2021–FY2026, NAICS 52421*. Charge-off rate = SBA-charged-off loans divided by funded loans. Rankings are by total loan count.

Top SBA states for insurance agencies

SBA lenders in Texas SBA lenders in Florida SBA lenders in California SBA lenders in New York SBA lenders in Ohio

SBA lending in other industries

Restaurants Hotels & Motels Trucking & Freight Auto Repair Dental Practices Explore the full dataset →

Financing your insurance agency business?

We know which lenders are actively funding insurance agency deals right now and which fit your loan size. Pre-qualify and we'll find your match (free to borrowers).

Get Pre-Qualified →Explore the full dataset →