Insurance - Plainview, New York, United States
A financial services company engaged in the business of financing the payment of insurance premiums for the property and casualty insurance industry.Premium Financing can help:• Increase cash flow• Provide additional credit• Unlock working capitalThe premium finance industry has existed since the mid 1950's and is highly regulated by the Banking and Insurance Departments of each state.Interest on loans may be tax deductible. As always, you should check with your professional accountant.Loans may be prepaid and interest rebates will be calculated in accordance with the laws of each state.Premium financing requires very little documentation, and in most cases no credit reporting is needed. Loans are processed when a simple two page premium finance agreement is completed.