Simple and affordable insurance premium payments
Premium funding is a short term loan that allows you to pay your insurance premiums and associated charges by monthly direct debit over an agreed period (typically 6-12 months).
|1.||Smooths business cashflow by paying your insurance premiums in instalments|
|2.||Fast, simple application process - you typically get approval within 24 hours|
|3.||Ability to make additions to existing loans or renew policies without the need for additional paperwork|
|4.||Flexibility of structuring the loan including upfront deposit, split settlements and payment options|
|5.||Interest rates are fixed so you are protected from interest rate fluctuations|
|6.||No ongoing loan service fees|
|7.||Interest charges on premium funding transactions are generally tax deducible|
|8.||No additional security or company charges required|
|9.||Retain working capital within your business|
|10.||Payment via direct debit from your bank account or credit card|
For more information about our offering visit our insurance broking pages or talk to your insurance broker.*
Read the MRB Credit Guide.