2011-11-10
With the onset of the fourth quarter, Insurance Companies are concentrating on achieving their year-end financial goals. These may include strengthening balance sheets, rebalancing investments and portfolios, and managing surplus levels and projected budgets.
To accomplish their financial goals, many insurers have turned to equipment leasing. Over the past year, Marquette Equipment Finance has funded tens of millions of dollars in non-admitted assets for Insurance Companies nationwide.
Marquette has been a valuable asset to Insurers in the property/casualty, life/health and worker’s compensation industries. “We needed a company that could deliver an off balance sheet transaction for our non-admitted assets in a very short period of time. Marquette not only had the industry knowledge necessary to structure our transaction properly, but met our funding deadline as well” SVP of a Worker’s Compensation Insurance Company.
By financing new and existing property such as computer networks, risk receivables, agents’ balances, software and furniture, fixtures & office equipment our clients have had the opportunity to maximize capital expenditures and maintain budget expectations without adversely affecting surplus levels.
For more information on Non-Admitted Financing, contact Brent Criddle at brent.criddle@meqf.com or visit our website at www.meqf-insurance.com