Business Insurance is a necessity that may come with a large financial burden when paying the full price up front, which is why we provide cost-effective options. QPR Premium Funding provides administration & collection of "Pay by the Month" facilities. By paying in monthly instalments, this can free up cash flow to re-invest in the business.  

Other benefits include:

• Interest rates are fixed for the term of the loan.

• Retain working capital in the business.

• Application is simple, with a fast approvals process.

• No additional or on-going fees.

• No additional security needed.

• Can be used as an additional line of credit outside of banking arrangements.

• Instalment payments can be made by Direct Debit, Bankcard or Credit Card.

• The loan is tailored to suit both the borrower & the intermediary.

• Pay By The Month Benefits

QPR Premium Funding provides administration & collection of "Pay by the Month" facilities. By paying in monthly instalments, clients can free up cash flow to re-invest in the business. Personal lines insurances over 12 equal monthly payments offered by the underwriter/introducer & funded & administered by QPR. 

• Documentation & procedures can be tailored to suit specific requirements subject to any applicable legislative requirements.

• Customer communication: all written communication with customers can be tailored to meet specific requirements.

• Security & Compliance: Cardholder & account data is stored, processed & transmitted using the highest standard of security. QPR is certified as a level 1 PCIDSS compliant payment provider & merchant – the highest global standard.

• All transactions are protected with our data recovery plan which backs up all records in real time & stores them off site in a self-sufficient, external data centre.

• Collection Agreement: QPR can also provide a collections service for annual premiums paid from bank accounts or credit card & paid direct into underwriter’s bank account.

• Seamless Integration: QPR’s payment & funding processing platform can be fully integrated with most underwriter’s software for seamless, secure end-to-end client management. All transactions are managed by our programming interface, which stores & processes all sensitive credit card data within QPR’s secure PCI compliant system.

• The underwriter has access to a Level 1 PCI compliant payment process without the need for investing in expensive infrastructure.

• Access to QPR Online Portal 24/7: The underwriter’s claims department will have access to our user-friendly & secure online portal to check on client’s details & payment information.