For many businesses, insurance premiums represent one of the larger annual outlays and paying the full amount upfront can put real pressure on cash flow. Premium funding allows you to finance that cost over the policy term, spreading payments into predictable monthly instalments while your cover remains fully in force from day one.
Stainton & Co. is an insurance broker, not a finance company. Our focus is on finding the right cover for your business. However, we recognise that how you pay for that cover matters too which is why we work with a panel of specialist premium funders to give our clients access to flexible, competitive payment options where it makes sense to use them.
Premium funding is a lending product provided by specialist finance companies not by Stainton & Co. We facilitate introductions to our funding panel on your behalf. Any funding arrangement is a separate agreement between you and the funder, and is subject to their terms, interest rates, and credit assessment processes.
Why Consider It
Benefits of premium funding
Improved Cash Flow
Spread the cost of your premiums over the policy term rather than meeting the full amount in one payment. Frees up capital for other business priorities.
Fixed Monthly Payments
A fixed interest rate for the term means your monthly repayments are predictable making it easier to budget and plan for the year ahead.
Potentially Tax Deductible
For business policies, the interest component of a premium funding arrangement may be tax deductible. We recommend confirming with your accountant.
Cover In Force From Day One
Your policy is fully in force from inception. The funder pays the premium on your behalf you are covered from the start, not when your payments are complete.
Simple Security
The policy itself acts as security for the loan no additional collateral or personal guarantees are typically required for standard commercial policies.
Supports Financial Planning
Aligning insurance costs to a monthly expense simplifies budgeting and helps smooth out the timing of large annual outlays across the financial year.
How It Works
Simple. Straightforward. Two steps.
The funder pays your premium
Once your insurance is placed and the funding arrangement is approved, the premium funder pays your insurance premium in full directly to the insurer or via us. Your cover is in force from the policy inception date.
You repay in monthly instalments
You repay the funder over the term of the policy in fixed monthly instalments, at a fixed interest rate agreed upfront. There are no surprises you know exactly what you're paying and when.
Premium funding is subject to the funder's approval and credit assessment. Terms, interest rates, and eligibility criteria vary between funders. Stainton & Co. does not provide financial advice in relation to funding arrangements and recommends consulting your accountant or financial adviser if you are unsure whether funding is appropriate for your situation.
Our Funding Panel
