At Core West, we understand without enough cash flow, it is very difficult for even the most successful businesses to avoid financial turmoil or achieve their true potential. Premium Funding helps you protect your business by enabling you to spread the costs of annual insurance premiums with a smaller, manageable payment scheme.

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Premium funding is a simple, fixed rate loan that allows you to regulate and manage your cash flow; giving you more control over your financial position. Premium funding is the preferred alternative to paying insurance premiums as an annual lump sum payment to your insurer.  Your Premium Funder will pay your annual premium to your insurer on your behalf, then you pay them back in monthly intervals.

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Benefits of premium funding include:

• Flexible monthly instalments

• Eliminates the requirement for a large upfront payment to the insurer

• Interest payments may be tax deductible

• Free up your cash flow to use in other areas of your business

• Increases affordability of insurance cover so you can better protect your business operations

• Multiple insurance policies can be attached to a single premium funding contract, allowing for a single payment plan to cover all of your insurances

• Easy payment methods including direct debit and credit card options

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We have relationships with a number of Premium Funding organisations and would be pleased to provide a competitive quotation for your consideration.