With the end of financial year fast approaching, many businesses need to start looking at updating their business insurance. Paying this in one lump sum is not always possible – this is where Insurance Premium Funding (IPF) can help.
IPF is a simple and cost-effective method for businesses to pay their annual insurance premiums on a flexible basis.
There are many ways your business can benefit from IPF, including:
- You can consolidate multiple premiums under one loan.
- Free up your business cash flow, allowing you to invest capital in other income producing opportunities.
- There may be possible tax benefits as interest charged is generally tax deductible.
At Ledge, we specialise in IPF and with access to the entire market we take control of the credit piece, ensuring the application process is hassle-free with settlement executed quick and efficient. We offer an extensive range of funding options with competitive terms and fixed interest rates.
If you would like to see how you can consolidate your insurance premiums into flexible payment options, or you are wanting to update your insurance premium funding, please contact our offices here.
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