INSURANCE PREMIUM FINANCING REACHES NEW HIGH!
Insurors Bank of Tennessee's program for financing insurance premiums set new records in both number and amount of contracts funded during the month of March! Sixty two contracts in excess of $800,000 is a new production record and a fitting milestone for the first full year of the bank's premium finance operation. Totals for the year were over 300 contracts totaling $5.4 million financed.
With recent enhancements that permit financing in all 50 states and in amounts of $500 and greater, it is anticipated that this phenomenal growth will continue. Already, more than 70 agencies across the state have enrolled. If you are not taking advantage of our easy to use browser-based system and collecting your financing proceeds efficiently and conveniently through electronic transfer, you should join your peers and use your bank. Click here to enroll in minutes.
