Insurance Premium Funding

Platinum Commercial and General Insurance is able to arrange, place and manage all your Insurance Premium Funding requirements.

Take charge of your cash flow

As a business owner you've no doubt experienced irregular cash flow on occasion. You know your cash flow coming in doesn't always match what's going out, especially when larger expenses like business insurance premiums fall due.

In short you need a better way to control your cash flow. We can arrange Insurance Premium Finance which is an easy way to fund your insurance premiums.

With Insurance Premium Finance you can spread the cost of your insurance premiums over the year, smoothing your cash flows and preserving cash for other financing and day-to-day operating needs.

Insurance Premium Finance lets you roll all of your business insurance policies, including professional indemnity and workers compensation, into one loan. Plus, it has the added flexibility to allow you to add additional policies into your existing facility as they fall due - all without the need to sign additional paperwork. Which means that once established, your ongoing funding is simple.

How does Insurance Premium Funding work?

Insurance Premium Finance is like a short term loan. A financier pays your insurance premium/s on your behalf and you pay the financier over an agreed period (typically between 6 - 12 months).

Interest rates are fixed so you're protected from interest rate fluctuations, and no ongoing loan service fees apply.

How will your business benefit from Insurance Premium Finance?

Your business will benefit from:

• smoother business cash flow;
• a fast, simple application process;
• flexibility to make additions to existing policies;
• loan contracts that can be structured to suit your needs;
• unaffected existing credit lines.