Broker Mikhail Williams supported a client with £252,000 PII funding, spread over 12 months in equal instalments, easing pressure on cash flow.
Professional indemnity insurance is a vital safeguard for many businesses, but paying the full premium upfront can create significant cashflow strain. For one client, the challenge was clear: how to cover a £252,000 annual expense without limiting financial flexibility for day-to-day operations.
Broker Mikhail Williams arranged a facility that allowed the client to spread the cost evenly over 12 months. Crucially, the structure required no personal guarantee, making it a more accessible solution. Instead of one large lump-sum payment, the client could manage predictable monthly instalments that aligned with their operating cashflow.
The result was greater control over working capital, improved ability to cover operational expenses, and the freedom to plan ahead with confidence, without the disruption of a large upfront payment.
Key Highlights
- Improved cashflow management, maintaining working capital for operations and growth.
- £252,000 facility arranged to fund professional indemnity insurance (PII).
- 12-month repayment term with equal monthly instalments.
- No personal guarantee required, easing accessibility for the client.