SUPREME Title Company, LLC | Application Preview
SUPREME Title Company, LLC, a family-operated title agency, is seeking government grants to support its operations during challenging economic conditions due to rising loan interest rates. The funding will be used to retain employees through salary and benefits, set up a new office, and enhance marketing and advertising efforts. The company aims to maintain cash flow for the next six months to ensure stability and uphold its commitment to integrity and high standards.
Their business plan includes networking with local real estate agents, recruiting experienced escrow personnel and sales staff, and forming partnerships with mortgage brokers. They emphasize their expertise in title insurance as a significant asset and highlight their dedication to building a strong book of business.
The need for funding is underscored by competition from established firms that offer incentives such as comprehensive benefits and networking events. However, SUPREME Title's competitive edge lies in the owner’s elite certification from the Texas Land Title Association and a strong commitment to continuing education within their team. They request support to sustain their operations and leverage their established network in the industry.
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General Information
Business Registration Number: 92-2920119
Location: Katy, TX, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
We are a new title agency (family operated) specialized in title insurance. We need the funds to retain employees (salary & benefits) we also need the funds to implement our new office. Funds will also be used for marketing and advertising. Due to the increase of loan interest rates, business is slow, we need additional funds to retain talented employees. We need cash flow to help us maintain operations for the next six months. Our commitment is to operate with integrity and the highest standards.
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Business Plan
Networking with local real estate agents. Recruiting escrow personnel with book of business. Partnering with mortgage brokers. Recruiting sales personnel - with active presence in real estate events that help us to promote our company. We operate with integrity and the highest standards. Our extensive expertise in title insurance is our asset. We have created an excellent team of professionals we just need help with funding that would allow us to operate for the next six months. We have developed an aggressive approach to build our own book of business. We partner with three national underwriters that allow us to offer continuing education to prospect clients.
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Self Identified Competition
Patten Title (they have partnered with a real estate broker) Frontier Title (offer a comprehensive benefits package for new employees) Momentum Title (organize multiple network events) The owner of the company is part of the elite group of Title professionals who have earned the escrow and settlement certification from the Texas Land Title Association. We operate with integrity- we are committed to promote continuing education to our team. Extensive Experience.
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Contact Applicant
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