Insurance Premium Funding

This product enables businesses to finance their annual insurance premiums for a term of 12 months. Types of insurance can include both cancellable and non - cancellable - commercial motor vehicle insurance / registration, workers compensation insurance (please note that personal insurance cannot be financed)

Benefits

  • Increase cash flow for business as you are not paying out large sums of money to cover this insurance premium
  • Maintain other forms of credit such as overdraft facilities or lines of credit enabling you to grow your business

Features

  • Minimum premium $5,000 and upwards
  • Minimum term 6 months and maximum term 12 months
  • Repayment option is monthly
  • The insurance premium is generally the only security required although on large transactions the guarantee of the directors may be required 
  • Repayment by d-debit

 

To arrange for a free, no obligation quote, call us now
on Free Call 1300 66 96 36