Professional Indemnity Insurance (PII) Loans

As an essential trading requirement for law firms, PII can represent one of the costliest single expenses for many firms which is why many firms use PII Loans.

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Professional Indemnity Insurance (PII) Loans

What is Professional Indemnity Insurance (PII) Loans

PII Loans allow companies to budget for their PII obligations. Many firms fear not being able to afford to pay the full amount of their premiums upfront and opt to use PII Loans as a way to spread the cost over the term of their policy. PII finance is particularly important for smaller businesses with fewer financial resources.

With monthly payments on your Professional Indemnity Insurance policy, you have the flexibility to budget for your insurance cover, freeing up capital for other expenses. We have extensive experience in providing professional indemnity insurance finance and are well placed to ensure you have access to the best finance facility for your circumstances. As a company, we have enabled thousands of firms to spread the cost of their PII policies by selecting the best lenders for their needs.

If your business needs finance or funding, we can help. We have access to providers of a vast range of funding options and facilities, from factoring to invoice finance, working capital loans and lease buy-outs. In fact, if you have a business which needs cash, we will work hard for you to arrange the best funding option for you.

What are the funding terms & amounts?

Terms are available over 3, 6, 12 or 18 months depending on the length of your policy

Competitive interest rates allow you to keep the cost of finance to a minimum.

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The experts at MJ Capital Finance can work with you to ensure there are PII Loans available at times when it’s needed. Why not get in touch to discuss your requirement for PII Loans in more detail? We’ll happily talk you through all available options because if your business doesn’t qualify for PII Loans, there are lots more loan products that could be more suitable.