All Posts By Jason Hill
Jason is the Founder and President of Life Insurance for SBA Loan & Client Focused Advisors and host of The Shrimp Tank Podcast . As a Financial Advisor, he specializes in working with many local business owners in New York and Boca Raton, FL. Additionally, he is the host of the nationally syndicated podcast, The Boca Raton Shrimp Tank, in collaboration with the FAU Adams Center for Entrepreneurship. Jason is well known for interviewing some of the brightest and best CEO’s and Entrepreneurs around South Florida.
key person insurance

SBA Loan Life Insurance Requirements for 2023

Small Business Administration (SBA) loans are a popular financing option for entrepreneurs and small business owners, providing funds for various business purposes, such as starting or expanding a business, purchasing equipment, or refinancing existing debt. However, obtaining an SBA loan often comes with certain requirements, one of which is life insurance. This article will guide…
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Careers That Can Impact Life Insurance Rates for an SBA Loan

Life insurance is an essential financial planning tool, especially for small business owners seeking loans through the Small Business Administration (SBA). One’s occupation can influence life insurance rates, as certain careers are associated with higher risks and an increased likelihood of accidents or health issues. This article examines careers that can impact life insurance rates…
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Collateral Assignment of Life Insurance: A Comprehensive Guide

Life insurance is more than just a safety net for your family in the event of your untimely death. It can also be a valuable financial tool when securing loans for personal or business needs. One common use of life insurance policies in the lending process is through a mechanism called collateral assignment. This article…
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SBA Loan Life Insurance 2023 Update

A lot of Americans have used the SBA loans to power their dreams of starting and growing their businesses. This has also been a supportive channel for business owners to recover from disasters. Once you take out an SBA Loan, most lenders will require you to lock in a Life insurance policy to protect that…
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Life Insurance for Business Owners, a Guide to Getting Coverage

If you are a small business owner you will want the business to grow and even outlive you. Your family members are not the only individuals that majorly benefit from your enterprise. Your unplanned death may cause a negative ripple effect on your employees and even partners. As an end result, it can pierce through…
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SBA Loan Life Insurance, The Ultimate Guide

One of the most challenging phases of a business is when it is small and new. At this point, the finances are tight and every cent made goes straight back to the business to help it grow. Once the first stages of a business are over and it becomes a success, the owner(s) slowly start…
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business life insurance

Life Insurance for Business, the Ultimate Guide

It does not matter how big or small a business is, every owner needs to have a succession plan in place. While most times it is out of ignorance, some business owners genuinely do not know how important life insurance for their business is.  A business life insurance plan is meant to protect the business…
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key man insurance buy sell agreement

Key Man Insurance and Buy Sell Agreement Life insurance Explained

Taking insurance cover is an essential aspect of any business operation.  The insurance sector is filled with a wide array of insurance covers designed to cater to various business needs. That said, an entrepreneur should have adequate knowledge, of which cover is ideal for his or her business. For the success of any business, an…
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Where to get an SBA Loan

Where To Get An SBA Loan?

Where to get an SBA loan? The SBA helps small businesses get loans by at least partially guaranteeing them from various lenders, but this begs the questions – where to get an SBA loan. As the agency doesn’t lend money directly to small business owners, it sets proper guidelines for loans made by its partnering…
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