Insurance Premium Financing
Insurance Premium Financing is simply a loan made to an individual or corporate customer to pay insurance premiums on car or property.
Who Can Benefit
- Individuals or companies who need financing to pay insurance premiums.
What It Offers
- Insurance premium loans to individuals for a minimum of $30,000 or, up to 80% maximum of the annual insurance costs
- Loans to companies are for a minimum of $50,000 or up to 100% of the annual insurance costs
How It Works
- The loans are made for a minimum of three (3) months and a maximum of nine (9) months.
- Just fill out a form from your insurance broker indicating your interest in accessing an insurance premium financing loan
- Your insurance company will return the signed agreement to Capital & Credit Merchant Bank
- If you are not attached to a broker our Credit Department will be happy to find you one
