Insurance is a necessity in every well-managed business. However, the requirement to pay most commercial premiums in an annual lump sum can put a squeeze on cash flow.

GSA can assist you in providing a ‘pay by the month’ solution for your insurance program and that’s where Pacific Premium Funding (Pacific) comes in. When you fund with Pacific they will pay your annual premium upfront and you repay them in equal monthly instalments, usually over six to twelve months. In today’s environment with increasing inflation, rising interest rates, the constant squeeze on businesses to maintain ‘cash flow’ and to operate in the black - the opportunity to spread your insurance costs makes good sense.

The Pacific cash flow solution is simply good for business and offers the
following benefits:

· Competitive terms and fixed interest rates

· Interest costs are usually tax deductible*

· No loan service fees and no monthly fees

· Smooths your cash flow and frees up working capital

· Gives you the flexibility to take advantage of other commercial opportunities when they arise

· Simple application process and automated direct debits from your nominated bank account.

· In most cases, there are no additional requests for collateral, as the policy itself serves as security.

* refer to your accountant or tax adviser regarding your specific tax situation.

About Pacific

Backed by the global strength of AAA rated GE Commercial Finance, Pacific is a specialist in short term cash flow solutions for commercial insurance premiums.

Delivering the highest levels of customer service and satisfaction, Pacific was recognised as ‘Premium Funder of the Year’ at the 2005 and 2007 Insurance Industry Awards ( Australia and New Zealand).

Should you require more information please talk to your GSA Account Broker or refer to Pacific’s website www.pacificpremium.com