Funding my new business
Can I borrow to cover my insurance costs?
You’ve put lots of time and effort into starting your business so it’s important to protect it. You may need to consider a range of insurance options including office contents, public liability, professional indemnity, income protection, loss of profits, vehicle, and workers' compensation.
When you’re paying a number of annual insurance premiums, it can make a big dent in your cash flow. We can help you avoid this.
By taking out our Insurance Premium Finance you can finance your combined annual premiums over 12 monthly instalments. The good news is, in most cases the associated interest payments are tax deductible.
Things you should know
- Credit facilities are subject to application and the bank's normal lending assessment criteria.
