One Of The First and Still the Best
In the 1950's, AFCO was among the very first companies to offer premium financing in North America. Half a century later, the depth and breadth of our experience remains unmatched.
AFCO also set the industry standard for innovative premium finance products and services. These include retrospectively-rated premiums, flood and wind policies and financing of audits.
We Work Your Way
High tech or high touch?
AFCO has the ability to service large, multifaceted accounts and middle-market customers with focused attention and expertise. Smaller accounts are processed efficiently by Prime Rate Premium Finance Corp.
We offer comprehensive, time-tested solutions when quick action is essential. But we are known for our customized, unique programs to meet unusual and complex financing challenges.
Our experienced underwriting and legal teams can offer a broad range of solutions to meet changing cash flow needs, including:
- Special payment plans to meet seasonal cash flow needs
- Financing for insolvent insureds
- Reduced interest rates on financing for municipalities and other governmental entities, where permitted
- Financing of unsecured exposure for creditworthy clients
Fast. Efficient. Flexible.
Our account administration expertise improves receivables management with reliable funding dates and streamlined office procedures.
Prompt, accurate quotes and rapid credit approvals are assured.
Collection activities and bad debt expenses are reduced.
Liberal cancellation philosophy helps keep accounts in force.