How premium finance loans are structured ...

The interest rates charged on the loan vary by the lender and the amount of the loan, but are often stated as a margin rate over the London Interbank Offered Rate (LIBOR). Typically, the larger the loan, the lower the margin. These rates will fluctuate over time and affect the premium financing concept's performance as compared to the original as-sold illustration. Managing a clients expectations is important, the loan terms and the amount of the loan that the client would be eligible for may determine what type of lending scenarios may be available for a client. Our lending parameters for our partners are as follows:

• No origination fees.

• No prepayment penalties enforced for early pay off.

• Lender is separate from insurance product choice and compensation. (No Conflict of Interest)