This particular service provides a programme for insurance premiums to be paid on a monthly facility arrangement with a specialist Premium Funder.
This offers benefits as outlined here under:
Conserve Your Cash Flow
Premium Funding allows you to eliminate an advance outlay of 100% cash, enabling you to spread payment over a period of time and utilise liquid funds for income generating activities.
Additional Line of Credit
Premium Funding acts as an additional line of credit as it does not interfere with your established financial arrangements and may even reduce your current line of credit.
No Additional Guarantees
No additional financial guarantees are required as security is absorbed over the insurance policies and funding enables you to utilise assets for your other business interests.
In addition to commercial insurance premiums being tax deductible, so is the interest charged on Premium Funding.
We have relationships with a number of Premium Funding organisations and are able to provide a competitive quotation for this facility.