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Insurance Agencies and Brokerages: SBA acquisition loans in Florida
39 SBA-financed business acquisitions in Florida classified as Insurance Agencies and Brokerages, FY2024–FY2026. Median loan $1.2M. See which lenders did them.
- Acquisitions financed
- 39
- Total approved
- $61.6M
- Median loan
- $1.2M
- Middle half of loans
- $574K to $2.3M
- Median starting rate
- 9.75%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Byline Bank | 11 | 28% | $700K | $10.1M |
| 2 | Bankwell Bank | 4 | 10% | $3.7M | $14.8M |
| 3 | Live Oak Banking Company | 4 | 10% | $385K | $1.6M |
| 4 | Pathward National Association | 2 | 5% | $4.2M | $8.4M |
| 5 | Readycap Lending, LLC | 2 | 5% | $1.8M | $3.6M |
| 6 | First-Citizens Bank & Trust Company | 2 | 5% | $1.6M | $3.2M |
| 7 | Oconee State Bank | 2 | 5% | $1.3M | $2.7M |
| 8 | Bank of America, National Association | 2 | 5% | $1.2M | $2.4M |
| 9 | City National Bank of Florida | 1 | 3% | $4.0M | $4.0M |
| 10 | Access Bank | 1 | 3% | $2.7M | $2.7M |
| 11 | Gulfside Bank | 1 | 3% | $2.2M | $2.2M |
| 12 | The Fidelity Bank | 1 | 3% | $1.5M | $1.5M |
| 13 | Beacon Community Bank | 1 | 3% | $1.4M | $1.4M |
| 14 | Seacoast National Bank | 1 | 3% | $1.3M | $1.3M |
| 15 | Banesco USA | 1 | 3% | $670K | $670K |
For comparison, the same industry nationwide: 263 loans, median $702K, median starting rate 9.75%. See Insurance Agencies and Brokerages in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.