Running a business involves a lot of cash flow juggling, and as business owners we totally understand this. To make the juggle a little easier, we are able to offer you monthly payment options on all our insurance invoices. This monthly option is known as Premium Funding and is being taken up by more clients each year.
There are a number of benefits to clients for taking this approach rather than making a one off payment, including:
- Insurance costs are spread evenly across the year, smoothing out your monthly cash flow
- Multiple insurances can be paid for under the one contract
- You will receive a tax deduction on any interest paid for by business insurance policies
- Fixed interest rate for the term of the loan
- No guarantees required
For more information about our Premium Funding options, please contact one of our Account Managers 0n 1300 131 343. More details can also be found in our Financial Services Guide here.