Premium Financing for the Insured Business Owner Helps Manage Cash Flow

Why pay cash? Cananwill premium funding helps manage cash flow by spreading insurance payments over the policy term.  And since Cananwill typically offers rates lower than those of commercial lenders, it may actually be cheaper for you to borrow outside, than to use your own cash equity for premium payment.

Increasingly, CFO's, treasurers and corporate risk managers are looking for creative ways to preserve cash and available credit lines. Effective cash flow management creates cushions for unexpected purchase needs and makes cash/credit available when opportunities present themselves. Cananwill premium funding is an excellent resource to help retain cash and maintain existing credit capacity.

Significant Benefits from Premium Financing with Cananwill

Financing with Cananwill is quick, cost-effective and flexible, and provides substantial benefits for insureds:

• No fees or application paperwork
• Excellent terms and rates typically below commercial lenders
• Financing available for all types of commercial insurance policies
• Maximizes cash flow with fixed monthly installment payments
• One-stop shopping all handled by your agency contact
• Additional source of funds while maintaining existing credit lines
• Quick approval process, normally within 24 hours
• Simple 2-page contract provides account billing for all carriers and coverages
• Bankruptcy financing available
• 7 different payment options, including check, online payment via EFT, electronic debit and credit card
• Electronic Premium Financing Plus (EPF Plus) -- set-up and complete the entire financing process electronically, from e-Signature, to down payment, to ongoing monthly payments via Electronic Funds Transfer (EFT), all through the Internet