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September 2009
Q: How have you been able
to accelerate your future and meet your goals during the recession?
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Hani Rihan
President
American Insurance
Agency Direct, Inc.
Florida
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A: "My goal was to expand my business by opening a fourth
location. While I was working to grow my business, I had an unexpected setback in
my personal life. A family member became very ill and their care was not covered
by their insurance policy. In order to provide them treatment, I had to think of
ways to find capital quick! After finding TWG Capital, I was able to sell 4 out
of 6 writing numbers for one lump sum.
The money I received from selling a portion of my book was enough to pay for my
family’s medical expenses and perform the market analysis I thought was going to
be put on the back burner. The Tampa area turned out to be the hottest market and
my new agency is scheduled to open September 20, 2009 – just two months after contacting
TWG Capital."
Read Hani’s full interview
A: "I’m working hard to keep employers and individuals focused
on the “here and now” instead of the “what if’s.” We have to proceed forward as
a society and implement smart business and benefit decisions. This is a perfect
time to analyze and modify benefit plans that will be a win-win for both the employer
and the employees. Groups should also include long term wellness strategies to help
achieve a healthy and productive employee population."
A: "The production of my insurance agency has declined considerably
from early 2008. My appointments dropped from 5 or 6 a week to 2 or 3 a month. I
was in a situation where I really needed to generate more income. So I sold a block
of my insurance business to TWG Capital in order to
obtain capital needed to focus on my new venture. The Benefit Toolbar, a
unique revenue generating program for non-profit and profit organizations, has been
a great success and provided the extra income I was losing selling only insurance."
Read Gary’s full interview
A: "Due to the economic downturn, my revenue had been cut
in half by the end of 2008. In early 2009, I applied for a loan with TWG Capital
to jump start my marketing efforts and by mid 2009 my revenue had doubled.
I was able to improve my cash flow for staffing, gain a competitive advantage and
continue success through these rough economic times."
Read Lynn’s full interview
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