Utilising the insurance policy itself as security, premium finance does not require traditional ‘bricks and mortar’ to secure the funding.

Premium financing generally:

• Is available for most business insurances;
• Frees up capital for your business;
• Matches your insurance policy payments to your cash flow;
• Provides better cash flow management;
• Conserves capital to expand your business by taking advantage of potential commercial opportunities;
• Has no loan service fees;
• Has no security costs. You do not need to put up any collateral – the insurance policies are the security of the facility;
• Requires no change to existing credit arrangements;
• Is cost effective compared to paying premiums in “cash”.