Premium Funding
This service provides for insurance premiums to be paid via a monthly facility arrangement with a specialist Premium Funder.
The benefits include:
Conserve your cashflow
Avoid an advance cash outlay and spread payments over time. Utilise your liquid funds for income generating activities.
Additional line of credit
Premium Funding acts as an additional line of credit that 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 life of the insurance policy.
Tax deductibility
In addition to your commercial insurance premiums, the interest charged on Premium Funding is tax deductible. We have relationships with a number of Premium Funding organisations and would be pleased to provide a competitive quotation for your consideration.