Thursday, April 27, 2006

Pay by the Month - Premium Funding



Pay by the Month Insurance Premiums

What is it?
Premium Funding allows you to pay your insurance premium ‘by the month’ via direct debits from your nominated bank account.

How does it work?
Instead of you paying your yearly insurance premium in one payment, your premium is paid to the insurance company for you. You then repay in monthly instalments over a chosen monthly period.

What are the Benefits?
Greater financial flexibility
Cash flow benefits
Frees up working capital
Retain funds in your business to use elsewhere
Tax deductible interest charges
Tailored funding solutions
Simple 1 page application and acceptance
No deposit or security required
Available for all business insurances
Cancellable, if need be
Lowest interest charge available
No ongoing fees applicable