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Millennium Financing Inc. primarily specializes in the funding of
Property and Casualty and Medical Malpractice premiums, but offers a wide range of insurance and bond
financing programs. Two of the company's products are briefly described below. For complete details on these products,
or for more information on all of the many
ways Millennium Financing Inc. can help you, please follow the "Contact Us" link on the
nav bar.
Property and Casualty and Medical Malpractice Premium Financing Insurance premiums are generally payable up front, in large annual or semi-annual payments. Unfortunately, healthcare income is largely dependent on receipt of healthcare insurance payments, and these payments are routinely 90 to 180 days following the dates of service. The burden on the healthcare provider is to pay for their insurance protection up front, yet wait months for reimbursement. Millennium Financing Inc. will finance these insurance premiums over the course of time, making the payments more manageable within your cash flow. We believe the changes in the marketplace and the shift towards a "hard market" regarding pricing, has significantly contributed to the rise in premium cost. Our products and services are a timely response to these market demands. Premium Financing to Bail Bond Agents The need for Bail Bonds occurs each and every day, at any hour of the day or night, 365 days a year. Bail Bond agents are called upon to verify the credit and collateral of those requesting bond, and need some way to do this timely. Millennium Financing Inc. has developed a program that allows qualified Bail Bond Agents to perform real-time credit checks and verification online. For more information, please contact William J. Reese. |