Professional Indemnity Insurance Funding
Unsecured funding for your insurance needs
Designed specifically for professional bodies, Professional Indemnity Insurance Funding from Clydesdale Bank allows you to fund your Insurance Policy and/or Practising Certificate requirements without up front payment.
- Unsecured funding for Insurance Policy and/or Practising Certificates
- Offered over a maximum term of 12 months
- Personal attention from your local Relationship Partner
To start a new kind of banking relationship, arrange a visit to your local Financial Solutions Centre or call 08457 03 45 67.
More Benefits
- Cash boost – no lump sum required
- Simple – straight-forward interest rates and fee structures
Further Features
- Fixed or variable interest rates
Complementary Solutions
Important Information
- Interest rate
- Interest rates – may be individually negotiated and the amount you are charged will depend on your circumstances – speak to your Relationship Partner for more details
- Interest type
- Variable or Fixed rates
- Minimum amount – £25,001
- Maximum amount – negotiable
- Minimum term – 6 months
- Maximum term – 12 months
- Costs
- Documentation fee – negotiable and paid at the outset of the transaction
- Fees and charges – may be individually negotiated and the amount you are charged will depend on your circumstances – speak to your Relationship Partner for more details
- Terms and conditions
- Business established 3 years or more
- Professional Indemnity policy must be non-cancellable
- Payment will be made directly to Partnership or Insurance Company or Broker, with a copy of Indemnity Certificate/Practising Certificate to the Bank
- Full terms and conditions are available on request
Terms and conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
Professional Indemnity Insurance Funding is provided by Clydesdale Bank Asset Finance Limited. Clydesdale Bank Asset Finance Limited is an appointed representative of Clydesdale Bank PLC.
Clydesdale Bank PLC is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland No. (SC001111), Registered Office: 30 St.Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.