Stand Alone Audit Premium Financing

January 12, 2014

Premium Finance Associates now has the ability to premium finance "STAND ALONE AUDIT PREMIUM."  The Work Comp market is perhaps the most likely risk to have audit premium in addition to the commercial auto and trucking markets.  PFA currently has the ability to finance premium ranging from $5,000.00 - $500,000.00 with reasonable terms.

"This is great news," says Bill Friend, owner of Premium Finance Associates.  "Many of the companies we work with approach family and friends which can tap a sore spot."  The approval and funding process happens quickly - 24-48 hours.  Carriers can be satisfied timely so renewal premium is processed without a hitch.  Certain insurance companies will not process the renewal premium until they are satisfied that the audit premium is paid in full.  This can interrupt coverage and worst case, can shut down a company until the audit premium is paid in full. 

Insurance agents and Insureds can contact us directly PFA has a one page application with same day approval. 

Please see below contact information:

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

Looking for insurance agency acquisition, agency purchase, insurance loans, agency loans, small business loans, or a restaurant loan? Learn more about our insurance agency loan services ยป