Insurance Agencies and Brokerages acquisitions in Missouri: SBA loan data
Since FY2018, SBA lenders have approved 12 7(a) loans to buy an existing business classified as Insurance Agencies and Brokerages in Missouri, totaling $4.2M. The median loan was $296,000. That is 1.1% of the 1,098 acquisition loans in Missouri.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
How this compares
The median Insurance Agencies and Brokerages loan in Missouri is 49% lower than the $580,000 median for all Missouri acquisitions, and 59% lower than the $720,000 median for Insurance Agencies and Brokerages acquisitions nationwide (832 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 3.1% of seasoned Insurance Agencies and Brokerages acquisition loans were charged off, and 2.9% of seasoned Missouri acquisition loans of any type.
Insurance Agencies and Brokerages acquisition loans in Missouri by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $300K | $150,200 | |
| FY2019 | 3 | $1.1M | $297,000 | |
| FY2020 | 2 | $561K | $280,500 | |
| FY2021 | 1 | $770K | $770,000 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 1 | $63K | $63,000 | |
| FY2024 | 1 | $485K | $485,000 | |
| FY2025 | 0 | $0 | - | |
| FY2026 | 2 | $938K | $469,000 |
How often do these acquisition loans fail?
Fewer than 20 Insurance Agencies and Brokerages in Missouri 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 | 2 | 16.7% | $1.4M | |
| 2 | Touchmark National Bank | 2 | 16.7% | $561K | |
| 3 | OMB Bank | 2 | 16.7% | $410K | |
| 4 | OakStar Bank | 1 | 8.3% | $643K | |
| 5 | Live Oak Banking Company | 1 | 8.3% | $485K |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Farmers Insurance | 2 | 16.7% | $203K |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Questions buyers ask
How much do SBA loans for Insurance Agencies and Brokerages acquisitions in Missouri run?
The median SBA 7(a) loan was $296,000 across 12 loans (FY2018 to FY2026). 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 Missouri?
United Midwest Savings Bank National Association (2), Touchmark National Bank (2), OMB Bank (2), OakStar Bank (1), Live Oak Banking Company (1).
How often do Insurance Agencies and Brokerages acquisition loans fail in Missouri?
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 Missouri?
2 of the 12 loans (17%) involved a franchise brand, most often Farmers Insurance (2).
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Missouri 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 Missouri
- Hotels and Motels in Missouri
- Limited-Service Restaurants in Missouri
- General Automotive Repair in Missouri
- Plumbing, Heating, and Air-Conditioning Contractors in Missouri
- All Other Specialty Trade Contractors in Missouri
- Car Washes in Missouri
- Child Care Services in Missouri
Small samples move a lot: each loan in this combination is 8% of the count. Industry is the NAICS code the lender recorded. See the methodology.