SNAP Premium Finance expands its payment solutions service offering to include personal lines of insurance

Insurance brokers and their clients to benefit from the ease of working with SNAP for premium financing on both commercial and personal insurance policies

Vancouver, B.C. – SNAP Premium Finance (www.snappremiumfinance.com), a division of SNAP Financial Group, Inc. (www.snapfinancial.com) now offers premium financing programs for personal lines of insurance.

“With over 200,000 loans and $1 billion in financial transactions for home improvement consumers, SNAP is well versed in consumer payment solutions tailored to our Dealer Partners,” says John Stout, President, SNAP Financial Group. “Our Insurance Broker Partners were asking for a consumer payment solution, so it was natural fit for us to provide one based on our technology and knowledge of the consumer market.”

“Brokers will appreciate working with a national, one-stop, full-service financing source for their clients’ commercial and personal insurance policies,” says Kumar Bhaskar, Senior Vice President, SNAP Premium Finance. “We’re able to deliver a more streamlined experience for everyone with one integrated, online system that brokers can access to submit and manage all of a client’s payment agreements.”

About SNAP Premium Finance

SNAP Premium Finance is a division of SNAP Financial Group, Inc. Established in 2006, SNAP has been helping businesses across Canada and the United States grow their businesses by providing turnkey and custom financing programs.  The company works with home improvement service providers, commercial equipment dealers and insurance brokers.  SNAP helps businesses successfully integrate financing into their sales and marketing efforts by providing them with seamless loan origination systems, a simple user-friendly, application process, responsive reviews and approvals (typically under one minute), and industry-leading training and support. 

SNAP has facilitated over 200,000 loans and $1 billion in financial transactions.

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