Advanced Insurance and Financial Services, LLC
Advanced Insurance and Financial Services, LLC is an insurance agency and brokerage in Davie, Florida. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,255,000, approved on June 20, 2025 by Seacoast National Bank.
SBA 7(a) loan, change of ownership, approved Jun 20, 2025
$1,255,000 approvedLender: Seacoast National Bank14 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,255,000
- SBA-guaranteed amount
- $941,250 (75% of the approval)
- Lender
- Seacoast National Bank, Stuart, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.95%, fixed
- Term
- 14 years (168 months)
- Estimated maturity
- June 20, 2039 (estimated, approval date plus term)
- Estimated monthly payment
- $12,405 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 3, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 524210, Insurance Agencies and Brokerages
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-23
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 56% of acquisition loans in Insurance Agencies and Brokerages on this site.
- Average acquisition loan in Insurance Agencies and Brokerages: $1,528,335.
- Average acquisition loan in Florida: $1,808,559.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Florida
- Zirkle Insurance and Financial Services LLC, Saint Petersburg
- Froid Insurance Agency LLC, Saint Petersburg
- Torch Insurance Group Inc., Bonita Springs
- American Senior Health Services of the Treasure Coast, Stuart
- GWR Insurance Group LLC, Gainesville
- Lone Palm Insurance Group LLC, Naples
- Smith Insurance & Risk Management LLC, Sarasota
- Pardo Insurance Agency, LLC, Doral