Insurance premium finance (also called premium funding or insurance funding) is a business finance solution that allows you to pay your annual insurance premium in regular monthly or fortnightly instalments rather than as a single upfront lump sum. The lender pays your insurer or broker directly, and your business repays the funded amount over an agreed term — keeping your working capital available for day-to-day operations.

Once your insurance is due for renewal, LoanBrix arranges funding on your behalf. The premium funder pays your insurer directly, and your business makes regular repayments — typically monthly — over the policy term, usually 10 to 12 months. This means your coverage is in place immediately without the cash flow impact of a large upfront payment.

LoanBrix can arrange premium finance for most commercial insurance policies, including public liability, professional indemnity, business package, commercial property, commercial motor and fleet, equipment and machinery, management liability, and cyber liability insurance. If your business holds multiple policies, these can often be consolidated under a single repayment schedule.

Yes. LoanBrix works with businesses of all sizes across Burwood, Box Hill, Camberwell, Glen Waverley, Mount Waverley, Blackburn, Surrey Hills, Vermont, Mitcham, and the broader Melbourne eastern corridor. Whether you’re a sole trader, small business, or mid-sized company, premium funding can be structured to suit your cash flow needs.

No. Your insurance policy remains fully active from inception, just as it would if you paid upfront. The key difference is how the premium is funded — your insurer is paid in full by the lender, and you repay the lender over time.

Insurance premium finance typically involves an interest rate applied to the funded amount. The total cost depends on your premium size, repayment term, and the lender’s rate. LoanBrix compares funding options across multiple lenders to help you find a competitive structure. In many cases, the benefit of retaining working capital outweighs the cost of funding.