What's a Good Financial Company to Work With?

[gavros777]

What finance company you guys recommend and how often you use them?

 

[xrac]

Do you mean a finance company like a place you borrow money or do you mean a financial company? What is the question?

 

[FLInsa]

I think he is asking about premium financing companies.

If so, there are several out there, but I personally have Premium Assignment Corporation (PAC), and Prime Rate.

Both are very good.

 

[xrac]

I think he is asking about premium financing companies.

If so, there are several out there, but I personally have Premium Assignment Corporation (PAC), and Prime Rate.

Both are very good.

Are you certain? In his title he says financial and in his thread post he says finance? Those are completely different animals.

 

[FLInsa]

Are you certain? In his title he says financial and in his thread post he says finance? Those are completely different animals.

I agree but that is just it. I don't think he knows yet that in the business the term used is Premium Financing Company and not Financial Company....

 

[gavros777]

I agree but that is just it. I don't think he knows yet that in the business the term used is Premium Financing Company and not Financial Company....

Thanks Flinsa i was talking about Premium Financing.
Do you know anything about Pro-Premium?
Does it really matter which i use, are some more user friendly than others?

 

[arnguy]

Household Finance

 

[FLInsa]

Thanks Flinsa i was talking about Premium Financing.
Do you know anything about Pro-Premium?
Does it really matter which i use, are some more user friendly than others?

Pro-Premium is okay.

All of the premium financing companies out there are just about the same EXCEPT the amount of money they give YOU back when you finance your client's premiums through them. Some give you more.

For example, last week I financed a $20,000 premium with xxxxx and got $182 back so it does add up....

 

[robtmccarthy]

I think he is asking about premium financing companies.

If so, there are several out there, but I personally have Premium Assignment Corporation (PAC), and Prime Rate.

Both are very good.

We are currently using Broadway Premium Finance but things have taken a decline in how we feel about them.

Premium Assignment Corp, looks worth checking into.

Prime Rate website looks like a scam?

Anyone have any updated thoughts on Premium Finance companies?

 

[passivesf]

Newb question...why do you need a premium finance co? Are these for customers that can't pay their premiums?