Florida’s Brightway Establishes $20M Financing Agreement With SunTrust Bank

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.”