Book-of-business financing is one of the absolute best long-term solutions for insurance agents who can’t secure funding through SBA or conventional type loan financing. This enables agents to borrow against their future receivables that stream from their book of business. With Book-of-business Financing your business doesn’t need to be perfect, nor do you need to supply the extensive documentation that lenders typically demand. You can get approved with just a quick review of your credit and renewable commission breakdown. Unlike conventional financing, you don’t need perfect credit to get funding. You can be approved even with challenging personal credit and scores as low as 450. Lenders are actually more interested in you supplying 3 solid references than they are with you having good credit.