We set the benchmark for premium funding in Australia

Our innovative features were developed specifically in response to insurance industry needs. They include:

• Routine same-day settlement – We are Australia’s only premium funder to offer this benefit as a standard service. Quick receipt of premiums means no further follow up is required and you benefit from the financial gain of interest earned on trust account deposits. Delayed settlement is also available by simply nominating the preferred settlement date in our eFund™ quoting system.
  
  
• Automatic rollover renewals – Principal Finance was the first premium funder to introduce a separate authority ensuring clients never need to sign paperwork again. You simply send the new contract to us electronically by the push of a button..
  
  
• Domestic premium funding – We offer a complete funding solution that includes a stand-alone domestic funding product that is fully compliant with the Consumer Credit Code, recognising the needs of brokers who offer personal line insurance products.
  
  
• eFundExpress™ – We are Australia’s only premium funder with the technology to support brokers who sell insurance products via an internet site. This 24/7 facility automatically generates funding applications, which are accepted electronically by the client and then transmitted to Principal Finance for settlement – all during a single internet session.
  
  
• eFund Acceptance™ – We were Australia’s first premium funder to develop an online facility which enables clients to accept their funding electronically over a secure internet site.
  
  
• Endorsement funding – we streamlined the process of adding endorsement premiums to existing loans. Brokers record the endorsement detail on-line and submit it to us electronically.
  
  
• Faxed applications – one of the first premium funders in Australia to accept faxed applications which accelerates the settlement process.
  
  
• Multiple payment options – clients can choose the most convenient method to pay their funding instalments, including direct debit, electronic funds transfer, credit card or cheque.
  
  
• Funding software – our eFund™ quoting system is acclaimed as quick and easy to use.