Union Premium Finance™ provides short-term financing for commercial insurance premiums, allowing businesses to spread substantial annual insurance costs over monthly payments rather than paying the full premium upfront.
For businesses, premium financing can help preserve working capital, improve cash flow, and keep existing credit facilities available for other business needs.
A better way to Premium Finance
For many businesses, annual insurance premiums can represent a significant cash requirement. Paying these premiums in a single lump sum can constrain capital that could otherwise be used for operations, investment, or growth.
Union Premium Finance™ provides structured financing that allows commercial insurance clients to finance their insurance premiums over several months.
Our approach is designed around the unique characteristics of commercial insurance, providing a specialized financing solution while allowing businesses to keep their capital working where it is needed most.
KEEP YOUR CAPITAL WORKING
Premium financing provides businesses with a way to manage substantial insurance premiums without tying up capital in a single annual payment.
- Preserve Working Capital
Keep cash available for ongoing operations and business opportunities. - Improve Cash Flow
Replace a significant annual payment with predictable monthly instalments. - Protect Bank Credit
Keep existing credit facilities available for other business needs. - Simplify Insurance Payments
Finance commercial insurance premiums through a structured payment arrangement.
THE UNION FINANCIAL ADVANTAGE
Lending. Wealth. Insurance.
Most clients manage their lending, investments, and insurance through separate advisory firms that do not communicate.
Union Financial changes this. Your lending team, your wealth adviser, and your risk advisory operate within one platform. No gaps between disciplines.
MULTIPLE DISCIPLINES. ONE RELATIONSHIP.
Lending through Union Lending™ Corporation
Risk advisory through Union Risk™ Management Corporation
Life insurance through Union Insurance Brokerage™ Corporation
Wealth management through Union Wealth Management™ Corporation
Union Financial. Zero gaps in between.