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Insurance Loan Calculator
Two calculators in one — calculate premium finance payments for your clients, or model an SBA acquisition loan when buying an insurance agency. Instant results with full amortization schedule.
Agency Acquisition Loan
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10% (SBA min)50%
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SBA 7(a) current rate: Prime + 2.75% to 4.75% (approximately 10–12% as of 2026)
SBA 7(a) quick facts: Most agency acquisitions use SBA 7(a) loans. Max loan: $5M. Minimum down: 10%. Terms up to 10 years for business acquisition (25 years if real estate included). Personal guarantee required. SBA guarantee fee: 0.5–3.5% of guaranteed portion.
Enter acquisition details
Fill in the purchase price, down payment, and loan terms to model your acquisition financing
SBA 7(a) — most common path
SBA 7(a) loans are the go-to for insurance agency acquisitions. They offer up to $5M, 10-year terms, competitive rates, and only 10% down. Most lenders require 2-3 years of agency tax returns plus a business plan.
What lenders look at
DSCR (minimum 1.25x), seller’s 3-year financials, retention rate, carrier diversification, key-man risk, and your personal credit score (typically 680+ required). Agencies with strong retention and commercial books command better terms.
Seller financing as a bridge
Many agency sellers offer to finance 10-30% of the purchase price — effectively acting as your second lender. This bridges the gap between your SBA loan and the purchase price, reducing your cash down requirement.
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