Insurance Premium Funding (IPF)

Insurance Premium Funding is available to business customers for commercial purposes (companies, trusts, partnerships and sole traders). Loans are normally repayable by six (6) to twelve monthly (12) instalments paid in advance with the normal standard term of ten (10) months.

The benefit to the client is to smooth out their cash flow with a known monthly payment over a specific term. The funding interest charge would normally be tax deductable and the product does not have GST implications.

North State Finance funds:

• General (cancellable) Insurance Policies
• Professional Indemnity Policies for various professional groups such as Solicitors and Accountants

North State Finance can arrange funding for Workers' Compensation Policies via a principal and agency agreement with an Australian Bank.

You can use the Insurance Agent or Broker of your choice to source your insurance cover then call and speak to our Specialist Consultants to arrange funding with North State Finance Limited on 1800 069 950.