Curated News
By: NewsRamp Editorial Staff
October 07, 2025
Standard Premium Finance Expands with $115M Credit Facility, Midwest Growth
TLDR
- Standard Premium Finance's expanded $115 million credit facility and proprietary technology provide competitive financing structures that help agents retain clients against larger competitors.
- Standard Premium Finance provides collateralized loans for insurance premiums through disciplined underwriting, proprietary data analytics, and integration with agency management systems.
- Standard Premium Finance helps businesses and individuals manage cash flow and protect assets by making insurance coverage more accessible through flexible payment solutions.
- Standard Premium Finance grew from a local Florida contender to a national powerhouse, originating over $1.5 billion in loans since its 1991 founding.
Impact - Why it Matters
This development matters because insurance premium financing affects millions of businesses and individuals who need flexible payment options for essential coverage. As Standard Premium Finance expands its geographic reach and technological capabilities, more insurance agents and policyholders gain access to competitive financing solutions that help manage cash flow while maintaining necessary insurance protection. The company's growth signals confidence in the specialty finance sector and demonstrates how niche financial services can scale while maintaining service quality. For the broader market, Standard Premium Finance's success shows how specialized lenders can fill gaps left by traditional banks, particularly in serving small businesses and individuals who need customized payment structures for insurance policies. The company's planned NASDAQ uplisting could also provide new investment opportunities in the growing insurance finance sector.
Summary
Standard Premium Finance, a Miami-based specialty finance company trading on OTCQX under the symbol SPFX, is making strategic moves to expand its market presence under the leadership of CEO and Chairman William "Bill" Koppelmann. The company, which has provided over $1.5 billion in insurance premium financing solutions since its 1991 inception, recently secured a significant $115 million credit facility expansion that provides crucial liquidity for funding additional loan originations. This financial milestone demonstrates strong confidence from lending partners in Standard Premium Finance's business model and positions the company for accelerated growth. The expansion strategy includes geographic diversification, highlighted by the recent addition of industry veteran Renee Magness to lead Midwest operations, leveraging her extensive customer relationships and expertise in the premium finance sector.
Technology plays a central role in Standard Premium Finance's competitive differentiation, with the company developing proprietary systems that enable seamless integration with agency management platforms and provide customer portals for enhanced transparency and self-service capabilities. The company's financial performance has been impressive, with 2024 revenue increasing 25% year-over-year and net income surging 84% compared to 2023, while 2025 has shown continued double-digit growth in loan originations. Despite this rapid expansion, the company maintains disciplined underwriting standards and risk management practices, utilizing proprietary data analytics to ensure consistent credit evaluation while pursuing geographic diversity to mitigate concentration risk. The company's slogan "Local Presence, National Power" reflects its strategy of combining personalized service with scalable operations.
Looking ahead, Standard Premium Finance has ambitious plans that include uplisting to NASDAQ to increase shareholder liquidity and market visibility, further geographic expansion beyond its Florida roots, and exploring synergistic opportunities within the broader specialty finance space. The company's success stems from its ability to balance technological innovation with personalized service, offering competitive and flexible financing structures that larger, bank-owned competitors struggle to match. For insurance agents and carriers evaluating premium financing partners, Standard Premium Finance emphasizes the importance of service quality, transparency, technological capabilities, financial stability, and partnership alignment. The company's strong performance and strategic positioning suggest continued growth in the multi-billion dollar premium finance industry, supported by its Miami headquarters that provides access to talent, capital, and a vibrant financial services ecosystem.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Standard Premium Finance Expands with $115M Credit Facility, Midwest Growth
