Solutions

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;

 

CAPITAL- FREE UP WORKING CAPITAL FOR OTHER INVESTMENT OPTIONS

AVAILABLE CREDIT- KEEP CREDIT LINES OPEN FOR POTENTIAL BUSINESS OPPORTUNITIES

RATES- FIXED RATES FOR BETTER MONEY MANAGEMENT

HOW DOES IT WORK?

AGENTS AFFILIATED WITH Hillton Finance Bank, LLC CAN OFFER THEIR CLIENTS FINANCING OPTIONS UTILIZING AN AUTOMATED WEB-BASED PROCESS IN WHICH NUMEROUS POLICIES CAN BE AGGREGATED INTO ONE PREMIUM FINANCING AGREEMENT. THE INSURED MAKES A MONTHLY PAYMENT FOR THE TERM OF THE LOAN BASED ON THE AGREEMENT AND THE POLICY SERVES AS COLLATERAL FOR THE LOAN. WE MAKE THE ENTIRE PROCESS SEAMLESS AND STRAIGHT FORWARD.