Premium Finance Down Payment

May 20, 2015


PFA - Premium Finance Associates now finances down payments on premium finance contracts. What, are you kidding me? Yes, we now have a program whereby we finance Down Payments between $10,000 - $2,000,000. This gives the insured a "total solution" for financing their non standard commercial insurance policy with "zero down."

"We have partnered with a unique funding source that typically underwrites and funds within 72 hours," says Bill Friend, President of Premium Finance Associates. "Soft approval within 24 hours and funding shortly afterward pending due diligence. We kicked off the program a few months ago by financing a $750,000 DP on a $2,500,000 policy via the 5th largest brokerage in the World."

We are now marketing directly to brokerage firms as well as select premium finance companies. If your agency has a policy over $40,000 that needs to finance the down payment, then contact us via email below.  We will need the insured to complete a quick 1 page app and submit their most recent 6 months bank statements. Soft approval within 24 hours, funding within 72 hours directly to the premium finance company.

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
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