Business Life Insurance Archives - Noel Insurance Services

Business Life Insurance

Life Insurance for SBA Loans: Top Mistakes to Avoid & How to Apply & What is the cost?

SBA Loan SBA Loans refer to loans that the government guarantees and are issued through banks to small businesses. Alternatively, SBA loans refer to low-cost government funding. The biggest advantage that SBA loans have over traditional loans is that they have lesser risks. Most borrowers do not know that the Small Business Administration (SBA) is…

Life Insurance for SBA Loans: The Ultimate Guide in 2024

What is SBA? The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. It is located in Washington, D.C. This includes providing loans, helping businesses find resources and training, and giving advice on starting and growing a business. How Does The General Process Of Applying For…

Where Can I Get an SBA Loan?

The Small Business Administration (SBA) provides loans and other financial assistance to help small businesses grow and create jobs. They can be used for a variety of purposes, such as purchasing equipment, expanding your business, or hiring new employees. In this article, you will learn precisely where to get an SBA loan for your business…

Buy-Sell Agreement Life Insurance

What Is A Buy-Sell Agreement? A buy-sell agreement refers to a legally binding contract that specifies how a partner’s share of a business may be reassigned if that partner passes on or abandons the business. A buy-sell agreement is also known as a buyout agreement, business prenup or business will. The buy-sell agreement states how…

Key Man Life Insurance

Every company has employees that are central to its functionality and they must be protected by all means. Most companies opt for the “keyman life insurance policy” Keyman or key person insurance refers to a life insurance policy that a company or business buys on the life of the owner, chief executive officer, or…