Client Profile:
Mid-sized general contractor based in Texas, operating across residential and light commercial sectors. Project cycles typically last 4–8 months with cash inflows tied to project milestones.
Challenge:
The client needed to bind multiple lines of coverage — including general liability, umbrella, and builder’s risk — totaling $350,000 in annual premium, with full payment due upfront. Paying in full would have strained project-level cash flow and delayed equipment upgrades.
AxisPeak Solution:
- Structured a 9-month premium finance agreement with 25% down
- Quickly approved the transaction based on project backlog and loss history
- Provided direct access to underwriting for clarification on loss ratio trends
Outcome:
- Client preserved working capital
- Coverage bound on time without delay to project kickoff
- Client renewed financing for three additional projects in the same calendar year