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Insurance Premium Funding Loan Options

Flexible finance for better cashflow

In addition to providing rural home financing, farm equipment loans, livestock finance and the like for agribusiness, we can assist with insurance premium funding solutions.

An insurance premium funding loan may be helpful to businesses wanting to free up money required for other expenses and/or investments.

This may be a tax-deductible solution, which allows you to avoid upfront lump sum payments and instead pay smaller monthly amounts. We can assist with guiding you to the insurance premium funding loan best suited to your needs, with low-cost, competitive fixed interest rates and the ability to have multiple policies under the same payment plan.

Benefits of Insurance Premium Funding

Avoid underinsurance

Spreading lump sum payments over time reduces the likelihood of underinsurance. Comprehensive insurance programs are more accessible when cashflow is  not adversely impacted by large upfront payments.

Easy monthly instalments

Paying multi insurance policy premiums in monthly instalments helps to suit and simplify the cashflow of your business. With a fixed interest rate, you will know exactly how much you’ll have to pay without affecting any other financing.

Tax effective

Insurance premium finance may be a tax effective strategy, with both the insurance premium and the interest payable being a potential tax deductible business expense.

No hidden costs

Guaranteed fixed, competitive interest rates with no on-going loan service or security fees. Plus there’s the added benefit of complete transparency about what you have been insured for, and for how much.

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