Bill Friend, President

The president of Friend Premium Finance, LLC DBA Premium Finance Associates, brings almost 12 years experience in the premium finance industry. He is a graduate of St Ignatius High School 1981 Cleveland, Oh. Cleveland State University 1986 (BA in Communications with a specialization in Marketing) Cleveland, Ohio. His financial experience is as follows:

  • 4 years experience with AI Credit, a division of AIG.
  • 3 years experience Vice President with Standard Funding Corp.
  • 5 + years experience in owning and operating Premium Finance Associates (Friend Premium Finance LLC).
  • Owner and operator of Friend Capital Funding, an asset based lending company.

We represent several national insurance premium finance companies and take a consultative approach based on the average size premium, types of coverage financed, rate and term requirements to fit agent/brokers with the best premium finance company in the market place.

Premium financing is a 25 billion dollar market. We'll show you how premium financing can help companies manage their cash flow. We bring a unique approach to the premium finance industry in covering all markets. While some premium finance companies have limited appetites for certain types of insurance coverage, we have access to all markets. Our premium finance company has the capability to finance personal lines non standard markets as well as life insurance for high net worth individuals or key man policies for corporations. Many agent/brokers utilize several finance companies with several contacts. We bring one contact and several premium finance companies to the table to help make your job easier. When agents are called upon to do more work with less commissions and resources, isn't it a relief to know that one premium finance company can handle all your needs?

Friend Capital Funding brings other valuable products to agent/brokers for cross selling. These offer access to creative financial markets in order to increase and diversify income streams. Here are a few examples.

  • Revolving Lines of Credit
  • Account Receivables Funding (Factoring)
  • Commercial Property Loans (Difficult deals 1mm - 300mm)
  • Secured and Unsecured Loans
  • Guaranteed Insurance Agency Loans - based off renewal income
  • Agent / Producer Book Buyout Program

We are building our business through a solid agent / broker network and hiring experienced premium finance associates. We encourage feedback from agent / broker's and employees for continuing development of new and existing products.

Bill resides in Hudson, Ohio located between Cleveland and Akron. He is married with 2 children and enjoys motorcycling, coaching and reading.

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