Michael Bieker
Bend, OR (USA)
Role(s):
Founder/Owner/Principal
Insurance
Find More Startups
Startup
Location:
Bend
Industry:
Insurance
Year Founded:
1991
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Not Incorporated
Description:
I currently own and have owned multiple Independent Insurance Agencies in the past and have always provided to my client’s in-house insurance premium financing.
The Insurance Premium Finance business is becoming more profitable, and less of a hassle than agency ownership. I am looking to expand my operations from in-house to providing insurance premium financing for agents all over OR, WA, & CA.
I currently have $128,000 of my own money invested in the business. The business generates 25% to 37% income.
I am looking for a partner, investor, or loan from $50K to $1M for 5 to 10 years. The business can afford to pay 10% in dividends or APR.
Insurance premium financing is extremely low risk, please verify this with your own insurance agent and then let’s talk.