Insurance Agencies and Brokerages acquisitions in Arizona: SBA loan data
Since FY2018, SBA lenders have approved 20 7(a) loans to buy an existing business classified as Insurance Agencies and Brokerages in Arizona, totaling $14.2M. The median loan was $589,300. That is 1.8% of the 1,095 acquisition loans in Arizona.
- Loans, FY2018-FY2026
- 20
- Median loan
- $589,300 (middle half $364,750 to $903,000)
- Top lender
- United Midwest Savings Bank National Association (25%, 5 loans)
- FY2026 loans (latest complete year)
- 0
SBA lenders approved 20 7(a) loans to buy a business classified as Insurance Agencies and Brokerages in Arizona from FY2018-FY2026, with a median of $589,300 and a middle half of $364,750 to $903,000. United Midwest Savings Bank National Association made 25% of them. FY2026 had 0 loans.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
How Insurance Agencies and Brokerages in Arizona compares
| Measure | Insurance Agencies and... | Arizona, all industries | Insurance Agencies and..., nationwide | All acquisitions |
|---|---|---|---|---|
| Median loan | $589,300 | $770,000 | $720,000 | $645,250 |
| Middle half of loans | $364,750 to $903,000 | $369,550 to $1,523,600 | $350,000 to $1,323,125 | $283,000 to $1,465,000 |
| Average initial rate | 6.84% | 8.06% | 7.55% | 7.76% |
| Median term | 10 years | 10 years | 10 years | 10 years |
| Charge-off rate (seasoned loans) | n/a | 3.5% | 3.1% | 3.5% |
| Loans in sample | 20 | 1,095 | 832 | 48,902 |
The median for Insurance Agencies and Brokerages acquisition loans in Arizona is $589,300, below the $770,000 median for all Arizona acquisitions, below the $720,000 median for Insurance Agencies and Brokerages acquisitions nationwide and slightly below the $645,250 median for all SBA-financed acquisitions nationally.
The middle half runs $364,750 to $903,000, against $283,000 to $1,465,000 nationally; the median term is 10 years, the same as the national median; the average initial rate is 6.84%, below the 7.76% national average.
Too few of these loans are old enough to measure a charge-off rate; the national rate for seasoned acquisition loans is 3.5%.
Loan size distribution
| Loan size | Insurance Agencies and... | All acquisitions |
|---|---|---|
| Under $350K | 20% | 30% |
| $350K to under $1M | 65% | 33% |
| $1M to under $2M | 10% | 19% |
| $2M and over | 5% | 17% |
Most Insurance Agencies and Brokerages acquisition loans in Arizona (85%) were under $1M, and the largest single band is $350K to under $1M at 65%, against 33% of all acquisition loans.
Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.
Lender concentration
United Midwest Savings Bank National Association made 25% of Insurance Agencies and Brokerages acquisition loans in Arizona, and the top three lenders together made 45%. 2 of the 14 lenders involved made three or more. Only 2 lenders have repeat experience here. That is a rough guide to how many banks have seen this kind of deal before.
Recent activity
In FY2025 and FY2026 combined, 1 Insurance Agencies and Brokerages acquisition loans in Arizona were approved. Fewer than 10 loans were approved in FY2023 and FY2024, so no change is computed. The median was $1,000,000, well above the $589,300 median across all years.
Insurance Agencies and Brokerages acquisition loans in Arizona by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 1 | $368K | $368,000 | |
| FY2020 | 5 | $1.7M | $373,000 | |
| FY2021 | 6 | $5.2M | $589,300 | |
| FY2022 | 3 | $3.1M | $930,000 | |
| FY2023 | 2 | $1.7M | $870,500 | |
| FY2024 | 2 | $1M | $517,000 | |
| FY2025 | 1 | $1M | $1,000,000 | |
| FY2026 | 0 | $0 | - |
How often do these acquisition loans fail?
Fewer than 20 Insurance Agencies and Brokerages in Arizona acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 5 | 25.0% | $1.9M | |
| 2 | Live Oak Banking Company | 3 | 15.0% | $2.7M | |
| 3 | Bankwell Bank | 1 | 5.0% | $2.8M | |
| 4 | MVB Bank, Inc. | 1 | 5.0% | $1.4M | |
| 5 | Bell Bank | 1 | 5.0% | $1M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Farmers Insurance | 1 | 5.0% | $1.4M |
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
Questions buyers ask
How much do SBA loans for Insurance Agencies and Brokerages acquisitions in Arizona run?
The median SBA 7(a) loan was $589,300 across 20 loans (FY2018 to FY2026), with the middle half between $364,750 and $903,000. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Insurance Agencies and Brokerages acquisitions in Arizona?
United Midwest Savings Bank National Association (5), Live Oak Banking Company (3), Bankwell Bank (1), MVB Bank, Inc. (1), Bell Bank (1). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Insurance Agencies and Brokerages acquisition loans fail in Arizona?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Insurance Agencies and Brokerages acquisitions in Arizona?
1 of the 20 loans (5%) involved a franchise brand, most often Farmers Insurance (1).
How much do you need down for an SBA loan to buy an Insurance Agencies and Brokerages business in Arizona?
The SBA requires the buyer to make an equity injection, commonly 10% of total project cost, and a lender may ask for more. The SBA file does not record injections, so the figures here are the financed portion: the median for Insurance Agencies and Brokerages acquisition loans in Arizona was $589,300, and the middle half ran $364,750 to $903,000.
How long does an SBA acquisition loan take?
For a change-of-ownership 7(a) loan, 45 to 90 days from application to close is typical. It varies by lender and by how quickly third-party reports, such as the business valuation and appraisal, come back. The SBA file records approval dates, not application dates, so this site cannot measure it. Lenders approved 1 Insurance Agencies and Brokerages acquisition loans in Arizona in FY2025 and FY2026.
Which banks make SBA loans for an Insurance Agencies and Brokerages business in Arizona?
By loan count, FY2018 to FY2026: United Midwest Savings Bank National Association (5), Live Oak Banking Company (3), Bankwell Bank (1), MVB Bank, Inc. (1), Bell Bank (1). United Midwest Savings Bank National Association made 25% of Insurance Agencies and Brokerages acquisition loans in Arizona. Counts show past approvals only and do not predict whether a lender will approve a particular deal.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Arizona acquisitions
- Financing one? How to get an SBA loan to buy an insurance agency
- Insurance Agencies and Brokerages nationally
- Insurance Agencies and Brokerages in Texas
- Insurance Agencies and Brokerages in Florida
- Insurance Agencies and Brokerages in California
- Insurance Agencies and Brokerages in Georgia
- Insurance Agencies and Brokerages in New York
- Insurance Agencies and Brokerages in North Carolina
- Insurance Agencies and Brokerages in Colorado
- Insurance Agencies and Brokerages in Alabama
- Full-Service Restaurants in Arizona
- General Automotive Repair in Arizona
- Assisted Living Facilities for the Elderly in Arizona
- Limited-Service Restaurants in Arizona
- Plumbing, Heating, and Air-Conditioning Contractors in Arizona
- Landscaping Services in Arizona
- Hotels and Motels in Arizona
- All Other Specialty Trade Contractors in Arizona
Small samples move a lot: each loan in this combination is 5% of the count. Industry is the NAICS code the lender recorded. See the methodology.
Cite this data
SBA Acquisition Data, "Insurance Agencies and Brokerages in Arizona: SBA acquisition loan data", https://sbaacquisitiondata.com/state/az/insurance-agencies-and-brokerages-524210 (data as of September 30, 2026). Source: U.S. Small Business Administration 7(a) loan file, data.sba.gov. Aggregated by SBA Acquisition Data.
The figures on this page are also published as JSON at https://sbaacquisitiondata.com/data/state/az/insurance-agencies-and-brokerages-524210.json.