SMEs switch to monthly payments as insurance bills rise

SMEs are switching to monthly payments for insurance bills as premium increases put pressure on their businesses according to new research Premium Credit. The research showed that 43% value the ability to pay for insurance monthly through premium finance or finance offered by insurers compared with 32% who prefer to pay in a lump sum.…

Read more

Number of businesses using credit to buy insurance increases

New research from Premium Credit has found that the number of SMEs using credit to pay for their insurance has increased in the past year with nearly one in five of them increasing the amount they borrow. The analysis showed that 55% of SMEs now use some form of credit to pay for insurance borrowing…

Read more