Premium funding your insurance is a cash flow solution that can be structured to meet the financial needs of any business. It is a short term loan that allows you to pay your insurance premiums and associated charges by monthly installments over 10 months.
Benefits to funding your insurance premium include;
- Smooth business cash flow by paying your insurance premiums by installments
- Fast, simple application process
- Ability to make additions to existing loans or renew policies without the need for additional paperwork
- Flexibility of structuring the loan including upfront deposit, split settlements and payment options
- Interest rates are fixed so you are protected from interest rate fluctuations
- Interest charges on premium funding transactions are generally tax deducible
- Retain working capital within your business
- Payment via direct debit from your bank account or credit card
Please call our office on (07) 3711 9044 for more information.
