Deposit Premium Finance

May 28, 2015


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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