Premium Financing

Why premium financing?

Premium financing enables your customers to avoid large lump-sum cash outlays to pay commercial insurance premiums. By using premium financing, your customers will:

  • Improve cash flow by spreading out premium payments.
  • Conserve capital to make key investments in their businesses for future growth.
  • Afford the level of coverage that is right for them.

Offering this financing option can also increase customer retention with your agency by helping them make the most of their capital.

Check out our premium financing resources below!

Westfield Bank logo

Your trusted source for premium financing

Westfield Bank offers commercial premium financing, which allows your customers to avoid large lump-sum cash outlays to pay commercial insurance premiums.

Receive prompt funding

With our dedicated Premium Finance team, most deals are funded in 24-48 hours. Our online system allows for convenient quoting and quick turnarounds, backed by a team available to answer any questions you have.

Find a solution that is right for your agency and your clients

Westfield Bank offers competitive loan structures, including lower down payments or longer terms, as well as flexible monthly due dates so your clients can decide what works best for their cash flow.‚Äč

Benefits to your agency

  • Flexible terms and competitive rates
  • Revenue-sharing opportunities
  • Prompt funding directly to you, not the carrier
  • User-friendly, real-time quoting and account information through our secure web portal and mobile site
  • Online account access and ability to make payments
  • Dedicated and responsive live-person customer service

To learn more about how Westfield Bank can help your business achieve its goals, visit or click the button below.

Learn More

Imperial PFS logo

Your preferred premium finance provider

Imperial PFS® (IPFS) is proud to be a preferred premium finance provider for the Ohio Insurance Agents Association.

The leader in commercial premium financing

At IPFS, we have more than 40 years’ experience in the premium finance industry. Our short-term loans allow businesses to obtain property and casualty insurance coverage. We create an experience rooted in industry-leading technology and legendary customer service. As the first premium finance company to launch a mobile app, IPFS Connect®, we offer instant account access on the go. Recently, we introduced the Agency Dashboard to, which gives agents insight into how clients utilize our technology. We also provide numerous cancellation avoidance tools such as text alerts for pending cancellations to help avoid disruptions in coverage. Because technology and service go hand in hand, our goal is to create a legendary customer experience for agents and account holders.

As a privately held company, IPFS has the strength and flexibility to provide faster, customized solutions. We are the only premium finance company with physical locations throughout the United States and Puerto Rico, so we understand the regional markets and the challenges they face. IPFS is proud to combine the strength of a national company with the service of local relationships. We look forward to OIA members with any and all of your premium financing needs!

To learn more, please visit us at or contact your local representatives:

  • Bill Wood, National Accounts Sales Executive, at (312) 208-7542
  • John Jennewine, Sales Executive, at (419) 340-3147