RMI Success Stories
Nixon & Lindstrom Insurance
Luke Nixon will tell you that focusing on the little guy can lead to big success.
For more than 50 years, Nixon & Lindstrom Insurance in Springfield, Mo., has made small business customers feel large.
Nixon & Lindstrom provides property, casualty, health and life insurance. “We specialize in the small local business with less than 50 employees,” explains Nixon. “Our success has come from offering them the same great service, quality coverage and competitive prices that’s given to large companies.”
It’s a strategy that has turned this once-small company into a big success. The business that Nixon’s father began in 1955 now employs 38 people and has annual sales of more than $37 million.
In 2007, Nixon & Lindstrom had outgrown its location and needed a new space. Nixon turned to respected banker Keran Lemons at Arvest Bank, who proposed a financing option that included a 504 Loan from RMI.
“RMI was great to work with,” says Nixon. “And the 20-year fixed interest rate provides a lot of stability. It gives us huge potential to continue growing our company.”
The April 2008 move increased Nixon & Lindstrom’s space from 9,000 to 16,000 sq. ft., and they’ve already hired two new employees.
As for success, Nixon attributes much of it to his father’s concept of treating the little guy well. “If you do what’s right for the customer, you’ll prosper. Do what’s right for them first and everything else will sort itself out.”
RMI was great to work with. And the 20-year fixed rate provides a lot of stability to continue growing.