Insurance Premium Funding

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If you insurance premiums are over $5000 pa, you may prefer  to manage your business cashflow by spreading your insurance payments over 10 months rather then the annual amount in one go.

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Insurance premium funding gets your annual cover paid upfront, and you pay the lender monthly for the number of nominated instalments.    

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Funding insurance premiums frees up your working capital.

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Insurance premium funding may provide cashflow relief, to manage the overall insurance costs.

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Examples of insurance that can be funded:

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• #public liability insurance

• #building insurance

• #car insurance

 

You get the picture it all adds up.

 

Imagine if you could bundle all the insurances into a 10 monthly payments, smoothing out the insurance premium hurdle, and letting you focus on your business.

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Instead of the strain of a lump sum payment, you simply make a single, more manageable payment each month. It’s an easy way to maintain your professional cover / insurance while also streamlining your cashflow.