This company loans large sums of  money to Insurance agencies(many in Florida) to help them survive financially. The services are necessary in these times and the costs to run the program are also very high and selective. A factoring program has been developed just for this.Having a  company like this is like having a line of Credit, but at Credit card rates. It is no wonder this private group(Angelo, Gordon) wants them. The Insurance agencies can then write more Home Insurance Auto  Insurance, Wind and flood and pay  employee salaries  that provide good customer service. Please read a story about a company that is doing some good, but  charging a fortune as well and there have been a lot of taker’s.

http://www.insurancejournal.com/news/national/2010/10/28/114429.htm

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