Premium Financing
Patel Insurance Agency offers premium financing on our insurance products. Through our unique program with Premium Financing Specialists (PFS) we can provide you with a quick, competitive and easy solution to paying insurance premium. PFS is an established premium finance company dedicated to serving all premium finance needs. Founded in 1977, PFS ranks among the top three premium finance companies in the United States today. The advantages that financing your Premiums with Patel Insurance Agency through PFS:
Improved cash flow and therefore increased annual investment return Upfront commissions paid in full A reduction in your agency’s accounts receivable.A reduction in your agency’s billing and collection expenses An enhanced competitive position by being able to offer your insured’s the most attractive loan rates and terms in the market. Your insured preserves bank line credit lines, turns a prepaid expense into working capital, all at very attractive rates with no pre-payment penalty