The Jacksonville, Florida-based Brightway Insurance said it received $20 million in bank financing through SunTrust Bank to help fund its national expansion.
Brightway is a national property/casualty insurance agency selling through a network of franchised locations. The company started in 2008 and has grown to 117 locations in 10 states.
“We are thrilled to have entered into this relationship with SunTrust,” said Brightway Founder and Chairman David Miller. “This financing will help us to continue to invest in our systems, and, more importantly, in our people.”
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement
Nearly Half of 100 Largest P/C Insurers Destroy Value: ACORD
Florida Insurance Agency VP Sentenced to 3 Years in Massive ACA Fraud Scheme
NC Insurance Commissioner Urges President to Not Pardon Greg Lindberg 

