WHO WE HELP

Short Term Medical IMOs

Producer Advance is a creative solution for marketers of insurance products who are faced with the challenge of managing “expense vs. income” while growing their business. It’s simple: the costs of selling policies are front-loaded, and the commissions are back-loaded. Producer Advance solves that problem by making cash available to producers now, providing an easy and convenient way to leverage growth opportunities today!

The IMO/FMO Advantage:

Producer Advance is a powerful tool for Insurance Marketing Organizations looking to grow their agent network without tying up their own capital, which can be used to expand their platform. Advances serve as a compelling recruitment method by allowing agents to tap their future commission flows to buy more leads and generate more sales today.

MORE AGENTS

MORE LEADS

MORE SALES

MORE IMO

REVENUE!

How it Works:

Producer Advance is fast, simple and transparent: cash is advanced to a Producer within days of a policy being written and then is repaid from future commissions, together with a nominal transaction fee.*

Producer Advance vs. a Traditional Bank Loan:

Producer Advance doesn’t involve an invasive application and underwriting process associated with a bank loan. Producer Advance’s underwriting and approval is expedient and only requires a simple agreement and Producer commission information.

Retain and Grow Your Marketing Organization:

Producer Advance offers marketing organizations the capability of advancing commissions to their producers for placed new business. Partnering with PA can bring the producer experience to another level. Advancing commissions can dramatically help with:

  • Recruiting producers
  • Retaining producers
  • Agency expansion
  • Company growth

Benefits of Partnering With Producer Advance:

  • Quick turnaround (eliminate long drawn-out process)
  • Non-recourse (no personal guarantee)
  • No downside risk to marketing organization and producer (no debt)
  • Repayment is driven by book of business
  • No hidden fees
  • Commissions revert to entity after once Producer Advance is paid

Products We Advance On:

Producer Advance doesn’t involve an invasive application and underwriting process associated with a bank loan. Producer Advance’s underwriting and approval is expedient and only requires a simple agreement and Producer commission information.

Group health

Commercial and personal P&C

Medicare advantage plans

Medicare supplement plans

Medical plans (short and long)

And more…

Getting Started

To get started, Producer Advance only needs a schedule of sales and an executed assignment agreement. The first advance often occurs within days.

Producer Advance offers fast, low-cost liquidity to marketers of insurance products affording them the opportunity to grow their business, while eliminating the expense/income mismatch.

With easy setup and frequent access to advances throughout the month, Producer Advance is the key to providing Producers with the market advantage they need!

*Advance subject to approval. Certain restrictions may apply.

Get Started

Call (800) 372-7292 now to unlock this unique opportunity or fill out the form below. 

* Some conditions apply.

Currently, Producer Advance does not conduct business with residents of the European Union. If you are a resident of the European Union, DO NOT USE THIS SITE.
©2020 DRB Capital, LLC. Producer Advance and the circular logo are trademarks of DRB Capital, LLC.