Lender intelligence
Financing a insurance agencies and brokerages acquisition in New Jersey
The SBA 7(a) lenders funding the most insurance agencies and brokerages acquisitions in New Jersey, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in insurance agencies and brokerages · New Jersey
Ranked by funded insurance agencies and brokerages acquisitions in New Jersey. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.57 loans · $97M · New Canaan, CTFull record →
- 2.1,296 loans · $1.4B · Wilmington, NCFull record →
13+ funded Insurance Agencies and Brokerages in New Jersey deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Leigh Agency, LLC in Freehold, NJ — $1.1M (2024) · purchase · Bankwell Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $851K (75%)
- Approval → funding
- 23 days
- Approved
- 10/10/2023
- First disbursed
- 11/2/2023
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.3M
- Est. down payment (10%)
- $126K
- Est. cash at closing
- $173K
- Monthly payment
- $15,635
- Annual debt service
- $188K
- Cash flow needed (1.25×)
- $235K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bankwell Bank · Lender record →
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- The Westfield Legacy Agency, Inc. in Westfield, NJ — $5.0M (2023) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 12 days
- Approved
- 10/26/2022
- First disbursed
- 11/7/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $5.6M
- Est. down payment (10%)
- $556K
- Est. cash at closing
- $769K
- Monthly payment
- $63,338
- Annual debt service
- $760K
- Cash flow needed (1.25×)
- $950K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
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- Richard Galgano Sole Proprietorship in Franklin Lakes, NJ — $2.1M (2023) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.23% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.6M (75%)
- Approval → funding
- 21 days
- Approved
- 2/10/2023
- First disbursed
- 3/3/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Individual
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $2.3M
- Est. down payment (10%)
- $231K
- Est. cash at closing
- $318K
- Monthly payment
- $25,490
- Annual debt service
- $306K
- Cash flow needed (1.25×)
- $382K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- Insure NJ Services L.L.C. d/b/a Colonial Insurance Agency in Keyport, NJ — $2.8M (2022) · purchase · Bankwell Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.1M (75%)
- Approval → funding
- 15 days
- Approved
- 11/15/2021
- First disbursed
- 11/30/2021
- Loan status
- Paid in full (12/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $3.1M
- Est. down payment (10%)
- $308K
- Est. cash at closing
- $426K
- Monthly payment
- $30,116
- Annual debt service
- $361K
- Cash flow needed (1.25×)
- $452K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bankwell Bank · Lender record →
Your business? Claim this record · Request removal
- Liberty Insurance Associates, Inc in Millstone Township, NJ — $2.6M (2022) · purchase · Peapack Private Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.9M (75%)
- Approved
- 6/1/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 30
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $2.9M
- Est. down payment (10%)
- $289K
- Est. cash at closing
- $399K
- Monthly payment
- $28,865
- Annual debt service
- $346K
- Cash flow needed (1.25×)
- $433K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Peapack Private Bank and Trust · Lender record →
Your business? Claim this record · Request removal
- Jhovanny Hernandez Agency Corporation in Summit, NJ — $1.3M (2022) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approval → funding
- 3 days
- Approved
- 1/28/2022
- First disbursed
- 1/31/2022
- Loan status
- Paid in full (3/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $149K
- Est. cash at closing
- $204K
- Monthly payment
- $14,869
- Annual debt service
- $178K
- Cash flow needed (1.25×)
- $223K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- The Cove, Craft Cocktails & Cuisine, LLC in Wildwood, NJ — $1.3M (2022) · purchase · Tioga-Franklin Savings Bank
- Program
- 7a General
- Rate at approval
- 4.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $986K (75%)
- Approval → funding
- 0 days
- Approved
- 1/27/2022
- First disbursed
- 1/27/2022
- Loan status
- Paid in full (7/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 32
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $146K
- Est. cash at closing
- $200K
- Monthly payment
- $7,497
- Annual debt service
- $90K
- Cash flow needed (1.25×)
- $112K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Tioga-Franklin Savings Bank
Your business? Claim this record · Request removal
- Robert Castoral Agency LLC in Hamilton, NJ — $828K (2022) · purchase · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $621K (75%)
- Approval → funding
- 29 days
- Approved
- 12/2/2021
- First disbursed
- 12/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $920K
- Est. down payment (10%)
- $92K
- Est. cash at closing
- $126K
- Monthly payment
- $9,192
- Annual debt service
- $110K
- Cash flow needed (1.25×)
- $138K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United Midwest Savings Bank National Association · Lender record →
Your business? Claim this record · Request removal
- THE ROSELL INSURANCE AGENCY INC in Lincroft, NJ — $2.3M (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 4.9% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.0M (90%)
- Approval → funding
- 24 days
- Approved
- 8/6/2021
- First disbursed
- 8/30/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $2.5M
- Est. down payment (10%)
- $253K
- Est. cash at closing
- $348K
- Monthly payment
- $24,019
- Annual debt service
- $288K
- Cash flow needed (1.25×)
- $360K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- FELIX INSURANCE AGENCY LLC in Millburn, NJ — $625K (2021) · purchase · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $563K (90%)
- Approval → funding
- 2 days
- Approved
- 7/29/2021
- First disbursed
- 7/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $694K
- Est. down payment (10%)
- $69K
- Est. cash at closing
- $93K
- Monthly payment
- $6,939
- Annual debt service
- $83K
- Cash flow needed (1.25×)
- $104K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United Midwest Savings Bank National Association · Lender record →
Your business? Claim this record · Request removal
- Lynoxx Group LLC in Mahwah, NJ — $525K (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $473K (90%)
- Approval → funding
- 35 days
- Approved
- 4/9/2021
- First disbursed
- 5/14/2021
- Loan status
- Paid in full (9/30/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $583K
- Est. down payment (10%)
- $58K
- Est. cash at closing
- $78K
- Monthly payment
- $5,633
- Annual debt service
- $68K
- Cash flow needed (1.25×)
- $84K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Goffle Insurance Agency, LLC in Hawthorne, NJ — $1.4M (2020) · purchase · Pathward National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approval → funding
- 9 days
- Approved
- 1/22/2020
- First disbursed
- 1/31/2020
- Loan status
- Paid in full (11/30/2021)
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $150K
- Est. cash at closing
- $206K
- Monthly payment
- $15,675
- Annual debt service
- $188K
- Cash flow needed (1.25×)
- $235K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Pathward National Association · Lender record →
Your business? Claim this record · Request removal
- Borgos, Hanlon, Henry & Garcia, Inc. in Kearny, NJ — $328K (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 6.25% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $246K (75%)
- Approval → funding
- 2 days
- Approved
- 9/22/2020
- First disbursed
- 9/24/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Insurance Agencies and Brokerages
If you were the buyer here
- Est. deal size
- $364K
- Est. down payment (10%)
- $36K
- Est. cash at closing
- $49K
- Monthly payment
- $3,683
- Annual debt service
- $44K
- Cash flow needed (1.25×)
- $55K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to insurance agencies and brokerages businesses with a New Jersey project address.
Agent summary
How to finance a insurance agencies and brokerages acquisition in New Jersey with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded New Jersey deals. Bankwell Bank funds the most here. DealRoom is not a lender.
- $565K typical loan
- 7 lenders active in New Jersey
- 13+ funded New Jersey deals
- 15 days typical to fund
Buyers buying a insurance agencies and brokerages in New Jersey typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.