What funders can fund Canadian commercial insurance brokers
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  1. #1

    What funders can fund Canadian commercial insurance brokers

    Looking for a funding source that can fund commercial insurance broker/agency based in Ontario. My understanding is that OnDeck, BFS, BCC, Evolocity and CashBloom cannot do this industry type. Need a funder that funds Canadian deals and will fund into this industry type. And to further complicate it, they are doing about 4 to 5 deposits per month so clearly less than 10 deposits per month. Otherwise it's a beautiful file

  2. #2
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    Quote Originally Posted by upperlinecap View Post
    Looking for a funding source that can fund commercial insurance broker/agency based in Ontario. My understanding is that OnDeck, BFS, BCC, Evolocity and CashBloom cannot do this industry type. Need a funder that funds Canadian deals and will fund into this industry type. And to further complicate it, they are doing about 4 to 5 deposits per month so clearly less than 10 deposits per month. Otherwise it's a beautiful file
    Underlinecap,

    Sorry we cannot help because the Company is based in Canada and there is payer risk with insurance companies. Some color though.....I have seen about 6 deals in the last ten days for insurance brokerage companies.

  3. #3

    Funding Canada

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