Insurance premium funding · Melbourne

Your insurance, paid across instalments.

Premium funding is a short-term facility that spreads the cost of business insurance over the year. Cover starts now. The cash stays in the business.

Send us a policy → See how it works
20+Years in finance
3–12Instalments
1 dayUsual reply
Why fund

Cash you don't spend is cash that's still working.

01 / SIMPLE

Arranged in days, not weeks

Short-term, unsecured against your property, and structured over the number of instalments that suits your cash flow.

02 / CASH FLOW

Keep your working capital

Instead of twelve months of cover paid upfront, the money stays in the business — for stock, wages, or anything that earns more than the facility costs.

03 / COST

Cheaper than the alternatives

Typically sharper than an overdraft or a card, and for a business the interest charge is generally deductible. Confirm the treatment with your accountant.

The process

Send an invoice. Get a schedule back.

Premium funding is one of the simplest facilities in commercial finance. This is the whole thing.

STEP 01

Upload the policy

Your invoice or statement from the insurer or broker is usually all we need to start. Multiple invoices are fine — each one gets its own quote.

STEP 02

We take it to the funders

We put it through the premium funders we deal with and come back with the sharpest structure available for that policy and term.

STEP 03

You pick the schedule

Choose your instalment count and payment date, then sign one short agreement electronically. No property security.

STEP 04

The insurer is paid in full

The funder settles the premium, your cover stays live from day one, and you pay the instalments across the term.

Who we work with

Two ways in.

Direct to business

You pay the premiums

If your business carries commercial cover and the annual bill lands as one number, funding turns it into a schedule you can budget against. Multiple policies can sit under one facility with a single instalment date.

For brokers

You place the cover

We work alongside insurance brokers who want a funding option for clients without running the paperwork themselves. Send the invoice, we quote it, you present it — the client relationship stays yours.

About

One product, done properly.

Ox Finance arranges insurance premium funding and nothing else. Policies go to the funder panel every day, so what comes back is priced off live appetite rather than a rate card — and the person quoting it is the person you'll be dealing with afterwards.

The desk is small on purpose. Enquiries are answered directly, quotes are checked before they go out, and settlements and renewals are tracked by the same two people from start to finish. Most of the work arrives by referral, which is the only real measure of whether that's working.

We deal with business owners paying their own premiums and with insurance brokers who want a funding option for clients without taking on the administration. Melbourne based, independently owned, and covering commercial policies across Australia.

Lachlan Haig
Founder

Lachlan Haig

Twenty years across the Australian finance market. Lachlan holds the client and broker relationships, negotiates with the funders and signs off on every quote that leaves the desk.

  • Client and broker relationships
  • Funder negotiation and pricing
  • Facility structure and approvals
Jane Muir
Premium Funding Manager

Jane Muir

Runs the funding book day to day — preparing and issuing quotes, keeping submissions moving across the funder panel, and managing settlements through to renewal.

  • Quoting invoices and statements
  • Funder submissions and settlements
  • Renewals, endorsements and adjustments
Questions

The ones we get asked most.

What does premium funding actually cost?

An interest charge on the funded amount, quoted upfront before you sign. The rate depends on the funder, the size of the premium, the term and your trading history — there's no single published number, which is why we take each policy to the panel rather than quoting off a rate card.

Do I have to put up security?

Generally not against your property or other assets. The funder's security is the policy itself — specifically its return premium if the policy were cancelled mid-term. That's what keeps the facility simple and quick to put in place.

What happens if I cancel the policy partway through?

The insurer's return premium is paid to the funder and offset against what's left owing. If there's a shortfall you cover the difference; if there's a surplus it comes back to you. Tell us early if a cancellation is coming so it's handled cleanly.

Can I fund more than one policy?

Yes. Several policies can usually be bundled into one facility with a single instalment date, which is generally easier to reconcile than separate arrangements per policy. Renewals falling at different times can often be folded in as they come up.

Is the interest tax deductible?

For a business, the interest on a premium funding facility is generally treated as a deductible expense in the same way as other finance costs. It depends on your circumstances, so confirm the treatment with your accountant before relying on it.

How quickly can it be arranged?

A quote usually comes back within one business day of receiving the invoice. Once you're happy with the schedule the agreement is signed electronically and the funder settles with the insurer shortly after — days rather than weeks.

Is a deposit required?

Often the first instalment is paid at the start rather than a separate deposit, but some funders and some classes of business are structured differently. Whatever applies to your facility is shown on the quote before you commit to anything.

Quick upload

Get a quote.

Attach the invoice or statement and we'll come back with a funding schedule. Or just call — that works too.

Lachlan0449 952 118 Emaillachlan.haig@oxfinance.com.au Jane0417 518 553 Emailjane.muir@oxfinance.com.au
PostP.O. Box 8051, Kooyong, Victoria 3144

Create a quote from an invoice or statement

Attach the document and we'll do the rest.

  • Attach an invoice or statement — we read the details off it.
  • Upload multiple invoices or a single statement.

Drag and drop files here, or

Attach invoice(s)

    Enter your name

    Enter a valid email

    We reply within one business day. Documents go to Lachlan and Jane and nowhere else.

    Sent for quote

    We'll come back to you within one business day.

    Renewals

    Know before the invoice lands.

    Tell us when your cover falls due and we'll get in touch a few weeks out with a funding schedule ready to go — no chasing on your side.

    Goes straight to Lachlan. One reminder near your renewal, nothing else.