Insurance agencies have the lowest average SBA 7(a) loan default rate of any industry at 1.79%.
https://insuranceagencyappraisal.com/ is strictly focused on both captive insurance agencies and independent insurance brokerages and my services include agency valuations, sales of insurance agencies, and debt and equity capital raises for insurance agency clients throughout the United States. I have completed thousands of SBA 7(a) loan valuations of insurance agencies; including Allstate agencies, Farmers agencies, GreatFlorida Insurance agencies, Nationwide agencies and independent insurance brokerages for banking clients throughout the entire United States.?
Insurance agencies have the lowest average SBA 7(a) loan default rate of any industry at 1.79%; so it is an excellent industry in which SBA lenders should offer loan products.? In 2023, there were 417,730 insurance brokers and agencies in the United States, so the industry is massive and relatively few lenders lend into this niche industry; which means that the market potential for any lender is quite significant within this stable, mature, growing and highly profitable industry.
Sean H. Hayes, CVA - [email protected]
Mr. Hayes is a nationally recognized expert in the valuation of insurance agencies, insurance brokerages and other insurance industry entities. He is exclusively focused on providing business valuation, M&A and capital services to privately-held insurance brokers and agencies and other insurance industry entities for clients located throughout the United States, offshore and internationally. Mr. Hayes has over 29 years of business valuation, M&A, capital raising and expert witness litigation support experience and completes hundreds of insurance agency valuations and transactions every year, encompassing all types of valuation, capital raising, and M&A work; including buy-side and sell-side transactions, SBA 7(a) lending, estate/gift/capital gains taxes, litigation support expert witness testimony, financial reporting, wealth planning, strategic management, exit planning and corporate planning. During the course of my entire 29+ year business valuation career, I have personally completed several thousand expert quality SBA 7(a) loan valuations for various banks and other lenders located throughout the United States.
Mr. Hayes holds a Bachelor of Science degree with majors in accounting and finance and a minor in economics from Jacksonville University of Jacksonville, Florida; an AACSB accredited business school founded in 1934. Mr. Hayes is a Certified Valuation Analyst (CVA) and certified member of the National Association of Certified Valuators and Analysts (NACVA). Worldwide, the CVA certification is held by only around 6,500 valuation professionals and the CVA certification has been accredited by the National Commission of Certifying Agencies (NCCA), the accreditation body of the Institute for Credentialing Excellence (ICE). Mr. Hayes is a member of the American Society of Appraisers (ASA), the Institute of Business Appraisers (IBA), and a Sustaining Member of the National Association of Government Guaranteed Lenders (NAGGL). He is also a recognized Insurance Agency Valuation Expert designated by Business Brokerage Press, Inc. and a regular contributor to the Business Reference Guide: The Essential Guide to Pricing Businesses and Franchises. Mr. Hayes is headquartered in Chicago, Illinois, where he serves insurance industry clients and their advisors throughout the entire United States and internationally.
I am available to assist insurance industry clients, located throughout the United States, with the following matters: marital dissolution with goodwill allocation; business succession and exit planning; estate/gift/capital gains tax purposes; court ordered and other divestitures; capital acquisition services; shareholder buy-in/buyout; mergers and acquisitions transaction advisory; theft of book of business; noncompete violations; shareholder disputes; SBA 7(a) loan business valuations; buy-sell agreements; and ESOPs.
I have provided expert witness litigation support services, including courtroom testimony, in various states; including Michigan, Florida, Indiana, Illinois, California, Colorado, Hawaii, Maryland, Texas, Wisconsin, Ohio, Minnesota, and Iowa.
Sean H. Hayes, CVA
Expert Insurance Agency Appraiser
Expert M&A Transaction Advisor
225 N. Columbus Dr., Suite 5906
Chicago, IL 60601
904.655.5565
? 2024, Sean H. Hayes, CVA.? All Rights Reserved.
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