Interest Rates

Have you ever wondered how interest rates work in the premium finance industry? Simply put, premium finance companies want to be just a little more competitive than the interest rate you currently have so they can preserve as much margin – or profit - as possible. Premium finance companies have to go out and get money at a certain interest rate from the market and then distribute that money at margin. Understandably, they will try to sell it to you at the highest rate possible to just beat the current rate you have.

What makes EPFA different is that we are transparent with our rates – they are posted on our website and you can see at any time what they are. You never have to wonder if you are getting the best rate from us or not. If these rates are better than what you’re currently getting, come join us! The more agencies that join us, the more volume we have which gives us more leverage with our premium finance vendor.

We are in it together and we are better together! Contact us today to learn more.