Insurance Premium Finance
What’s Insurance Premium Finance?
Don't want all your cash flow spent on insurance? Insurance Premium Finance acts like a short-term loan that lets you spread annual insurance premiums across easy monthly instalments. Also called insurance premium funding, it may be a more affordable way to consolidate different business insurance premiums on one finance contract.
Take back control of your business cash flow
Quick approval
You may qualify for fast approval on your application.
Possible tax benefits
Monthly interest charges may be tax deductible.2
Business confidence
Get certainty with fixed monthly repayments.
Flexible and convenient
Choose the insurer1 and finance multiple policies at once.
Is my business eligible for insurance premium finance?
Insurance Premium Finance is available to businesses with annual insurance costs from single or multiple policies of over $5,000. If the amount to be funded is:
- Less than $350,000, in many cases, no additional security is required
- Over $350,000 a directors' guarantee may be required.
Accept your quote and you could get funded in just 4 days
Fast approval may apply for premiums from $5,000 to $350,000 if this year’s premium is no more than 125% of the last year's premium:
Step 1: Enquire
Contact us, then send last year’s and this year’s premiums.
Step 2: Quote
Receive a quote with a rate personalised to your business.
Step 3: Apply
Accept quote, then complete and return your application.
Step 4: Approve
Funds typically released within 48 hours of loan approval.
Ready to get started?
Enquire now
Leave your details and one of our finance specialists will get back to you within 1-2 business days.
OR
Call 1300 360 322
8am-8pm (Sydney time), Mon-Fri. Select option 1 to speak to a finance specialist.
How we calculate your personalised rate
Interest rates for Insurance Premium Finance are dependent on several factors, including:
- Amount financed
- Type of insurance
- Finance term (6 to 12 months).
You'll need to pay an establishment fee, but no monthly account fees apply.
Our experienced team will give you a personalised quote using our competitive rates. Leave your details, and we’ll get in touch.
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Things you should know
1. You choose the insurer: some exclusions apply. Only Australian or United Kingdom licensed insurers / underwriters are acceptable.
2. Taxation considerations contained in this publication should not be interpreted or used as tax advice or a tax guide. Customers must seek their own independent tax advice in relation to their individual circumstances.
Credit criteria, fees, charges, terms and conditions apply. Talk to your banker for product details.
Find out what information you need to provide to become a customer.