What is premium funding?
Premium funding is a cash flow solution, which spreads payment of insurance premiums over regular instalments, replacing the lump-sum upfront cost.
Our premium funding solutions can be structured flexibly to meet your business' individual financial requirements.
Large, lump sum insurance bills can disrupt annual cash flows. Insurance premium funding is a flexible and convenient way to manage these potentially significant costs through smaller monthly payments. By avoiding this initial outlay, working capital can be invested into other income-generating opportunities.
In addition, this service does not interfere with existing finance facilities, such as bank overdrafts.
Our solutions can be extended to most types of commercial insurance including:
- Industrial special risk
- Public liability
- Workers' Compensation
- Motor vehicle
- Professional indemnity
Contact us for more information.