WHAT IS PREMIUM FINANCING?
SIMPLY STATED, INSURANCE PREMIUM FINANCING IS A SHORT- TERM LOAN THAT IS USED TO PAY INSURANCE PREMIUMS. PREMIUM FINANCING IS AN OPTION FOR BUSINESSES AND INDIVIDUALS TO MAKE MONTHLY PAYMENTS OVER THE DURATION OF THEIR POLICY. BENEFITS INCLUDE INCREASED LIQUIDITY AND EFFECTIVE MONEY MANAGEMENT. BUSINESS OWNERS BENEFIT IN FINANCING THEIR INSURANCE PREMIUMS WITHIN AREAS SUCH AS;