BankDirect Capital Finance
BankDirect Capital Finance is endorsed by the Missouri Association of Insurance Agents. As a member of MAIA you have access to this company. BankDirect provides you a team of experienced professionals dedicated to provide your agency with the best funding solutions, products and services. As a Company Partner and an endorsed company, BankDirect provides support to MAIA and its continual education, technical and legislative efforts.
ADVANTAGES OF FINANCING:
For the Agent:
Immediate commission collection
Renewal/new business enhancement
Reduced administration - BankDirect handles all billing and collections, which allows more time for selling.
Customized revenue opportunities available
Integration possibilities - Allows for streamlined and efficient quoting process as data is imported from the agency management system.
Non-recourse to agent/broker (as long as all policy and premium information is disclosed accurately)
For the Insured:
Affordability - The insured receives some of the most competitive rates available.
No lump-sum payments - Coverage is paid in monthly installments after the initial down payment.
Preservation of capital - Clients control their cash flow, amortizing payments over the year while avoiding cash depletion.
Flexibility - Customized financing plans are tailored for clients' individual needs.
Multiple payment options - Inexpensive or free options available including electronic funds transfer and multiple online or phone payment options.