Broker/Agent Services
Enhanced Cash Flow for Your Agency:
- Wire Transfer Program (ACH) - loan proceeds are deposited directly into your bank account.
- Prompt Funding - 24 hour funding on most transactions.
- Financing Programs are available for your own E&O coverage at competitive rates.
Efficient Business Processing Utilizing the Technology of Your Choice:
- Online Quoting - available to qualified producers, our online quoting application enables the creation of premium finance agreements and renewal quotes instantly from our website. Our local representative will personally assist you to acquaint your office with our user-friendly online quoting system.
- E-mail your quote requests to us - we will provide a quote by E-mail upon request using our Quote Request service.
- Quote Line - for large requests or where special handling is required, our staff of experienced loan personnel stands ready to provide you with professional, personalized service.
- Fax-Back Option - we will fax your office a quote and/or a ready-to-sign premium finance agreement.
Customer Service, Billing and Pre-Cancellation Procedures
Designed to Preserve and Retain Your Business:
- Online account status.
- Renewal Reports - available anytime from our website, this report will show you accounts that are up for renewal
- Weekly delinquent account status reports.
- Online payments
- Cancellation Reports and Intent to Cancel Reports - available anytime from our website.
- Pre-cancellation notification - we will attempt to contact your office by phone prior to issuing cancellation notices on your client's accounts.
Special Programs and Features:
- Non-traditional payment plans tailor-made to suit your clients’ special needs (e.g., seasonal pay plans).
- Financing for insureds who are the subject of bankruptcy or receivership proceedings (subject to court approval and proper documentation).
- Monthly, quarterly or annual payment plan options are available.
- This feature ensures that you receive proper payment which is directly deposited into your premium account or another account of your choice. The deposit is typically made within 24 hours of loan acceptance and eliminates the need to write out and deposit Standard's drafts at your bank. The best feature is that it allows immediate access to loan proceeds, and it's very convenient and efficient. We also will fax your agency a wire confirmation to verify that the funds were transferred to your account.
Please call us at 800-526-2470 or click here for complete contact information.
We look forward to demonstrating how we can be of service to you.
Standard Funding is a member of the National Premium Finance
Association (NPFA) and offers commercial insurance premium financing in
the District of Columbia and all states other than Alaska. Financing in
California is offered through a subsidiary, Standard Funding of
California, Inc.