Deposit Premium Finance

May 28, 2015

DEPOSIT PREMIUM FINANCE

We have developed an exciting new program for DEPOSIT PREMIUM FINANCING.  In addition to agency billed premium, some DIRECT BILL PREMIUM requires a minimum deposit in order to bind and activate coverage.  This DEPOSIT PREMIUM can be anywhere from 10% to 40% and can be a huge burden on retail or commercial business entities.

Premium Finance Associates has a program by which the insured can finance the DEPOSIT PREMIUM to avoid cash flow issues.  Our minimum amount financed is $10,000 while our maximum amount is $2,000,000.  We generally offer 12 MONTH TERMS - but depending on credit - can go 4-16 months.  

In order to get started, we will need our 1 page application completed along with most recent 6 month bank statements.  We can get soft approval the same day.  FUNDING - pending underwriting - only takes 48-72 hours.  We can COMPENSATE INSURANCE AGENTS who bring over $100,000 in annual deposit premium opportunities.

To learn more, please contact our office below for a FREE NO OBLIGATION QUOTATION.

Bill Friend, Principal
7603 First Place Dr., B-12
Cleveland, OH. 44146
866.FRIEND.0 (374.3630)
866.839.3090 fax
216.225.4321 cell
**INSURANCE AGENT LOANS - BUSINESS LOANS for Acquisition, Perpetuation and Capitalization.  

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