Business Finance
Insurance Premium Funding
Preserve working capital by financing your annual premium.
Product details
Insurance Premium Funding explained
Insurance premium funding converts an annual business insurance bill into equal monthly instalments, preserving working capital for trading. The policy itself provides the security, so no additional collateral is required, and approval is usually same day. It suits businesses running multiple policies with staggered renewal dates.
Same-day approval
What you get
- Monthly instalments
- No security
- All major insurers
Repayment calculator
Illustrative only. Your Lonix broker will confirm actual rates.
$
Monthly
$0
Total repaid
$0
We couldn't reach the calculator just now. Please try again shortly.
FAQs
Insurance Premium Funding — questions we hear
Can't find your answer? Your Lonix broker is one message away.
It depends on your circumstances, but Lonix brokers can typically arrange from $5,000 to $50m+ across our lender panel.
For many asset and business products, the asset itself is the security. Personal or unsecured options are also available.
Simple products can be approved within hours. Complex commercial deals take a few days to a couple of weeks.
Explore more