Financial Services

Premium Funding

Austbroker Phillips offers premium finance as a cost effective way to spread your insurance premium expense utilising a pay by the month mechanism. This frees up your cash flow to re-invest in your business.

Utilising the insurance policy itself as security, premium finance does not require traditional 'bricks and mortar' to secure the funding. or many businesses the annual lump sum payment of insurance premium has meant increasing their overdraft facilities or using valuable cash from their business to meet this up-front payment. Austbroker Philips Premium Funding provides a simple and competitive funding product to meet the needs of a whole range of businesses