Premium finance is a cost effective way to spread your insurance premium expense utilising a pay by the month mechanism. This frees up your cash flow to re-invest in your business. Utilising the insurance policy itself as security, premium finance does not require traditional ‘bricks and mortar’ to secure the funding.
- Available for most business insurances
- Frees up capital for your business
- Match your insurance policy payments to your cash flow
- Better cash management
- Conserve capital to expand your business by taking advantages of commercial opportunities
- No loan service fees
- No security costs. You don’t need to put up collateral… the policy itself is the security of the facility
- No change to existing credit arrangements
- Extremely cost effective compared to paying “cash”
