Insurance Premium Funding
Many insurance companies require their policies to be paid in one lump sum each year. This causes a cash flow problem for companies who would prefer to pay the premium in monthly instalments.
Insurance Premium Funding is our solution to this problem. This enables the business to borrow the value of the insurance policy premium. The insurer then receives the full premium when it is due, and the business is able to repay the lender the premium amount plus interest in equal instalments over 6 to 12 months.
This enables businesses to take out the right type of insurance cover without compromise, as they are able to spread the insurance costs over the year as opposed to just one month.
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Contact the team at Intelligent Finance who can provide friendly guidance and professional advice in relation to all aspects of other finance.