National Partners PFco

What National Partners PFco does

National Partners PFco, LLC is a U.S. premium finance company founded in 2016 and headquartered in Coral Gables, Florida. The company finances insurance premiums for commercial and personal policyholders by providing installment payment plans, earning interest revenue on financed amounts (APR starting at 2.90%) along with processing and servicing fees. It is a wholly-owned subsidiary of WebBank, an FDIC-insured Utah-chartered industrial bank owned by Steel Partners Holding Corp (SPLP), following WebBank's acquisition announced in December 2018. National Partners is licensed to operate in all 50 states and serves insurance agents, brokers, general agents, wholesalers, MGAs, and third-party fintech platforms.

The company's core technology is the proprietary PBS (Premium Billing System) platform, which supports real-time quote generation, electronic Premium Finance Agreement (PFA) signatures, automated alerts, payment processing via ACH and credit card, account management, and custom reporting with role-based permissions. The platform is offered via self-serve login, and complementary modules include an API + white-label program for third-party partners, a proprietary agent credit-scoring system that does not require financial statements, and a CPR (Cancellation Prevention & Retention) program. The company also provides private-label servicing, custom-branded agent tools, producer fee programs, and revenue-share incentives to channel partners.

National Partners operates a hybrid go-to-market combining a direct field-sales force of regional Vice Presidents of Business Development across six key U.S. insurance markets with a self-serve digital platform and channel-partner distribution. Revenue streams include interest and fees on financed premiums (transaction-based), agent/broker revenue-share and producer fee programs (recurring), and third-party servicing and infrastructure fees for MGAs, fintech platforms, and alternative lenders (managed services). The company has approximately 11-50 employees and is led by founder/President & CEO Bert Irigoyen.

Name

National Partners PFco

Legal name

National Partners PFco, LLC

Website

https://nationalpartners.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

National Partners PFco is a U.S. premium finance company that provides installment financing for insurance premiums, serving insurance agents, brokers, wholesalers, and MGAs via its proprietary PBS platform under WebBank ownership.

Ownership category

akta.pro rank

Product category

Insurance Premium Financing

NAICS

Sales Financing (52222)

SIC

Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Billing, Payments & Premium Finance Platforms (FSAGAGAI)

Keywords

• Premium financing services
• Insurance premium loans
• Agent financing platform
• White label servicing
• Commercial premium finance

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Premium Finance Interest and Fees: National Partners earns revenue by providing premium financing to insurance policyholders. Customers finance their insurance premiums through installment plans; National Partners earns interest (APR as low as 2.90%) on the financed amounts, along with processing fees for credit card and ACH payments.
2. Agent/Broker Revenue Programs: National Partners offers revenue-sharing programs, producer fee programs, and monthly revenue share to insurance agents and brokers who bring premium financing business. This creates an ongoing commission/incentive stream for channel partners.
3. Third-Party Servicing and Infrastructure: National Partners provides servicing infrastructure, API access, and white-label programs to third-party partners (MGAs, fintech platforms, alternative lenders) for a fee, including premium finance contract purchasing and reporting/compliance support.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

National Partners PFco provides direct premium financing to insurance agents, brokers, wholesalers, and insureds, allowing commercial and personal insurance premiums to be paid via installment plans funded by the company. Its proprietary PBS (Premium Billing System) platform supports real-time quoting, electronic PFA signatures, automated alerts, ACH/credit card payment collection, account management, and custom reporting. The company also offers private-label servicing, white-label tools, tiered incentive programs, profit-sharing models, and an API for third-party platforms (MGAs, fintech platforms, alternative lenders) to embed premium finance capabilities under their own brand.

Product overview

National Partners PFco is a premium finance company offering a unified platform centered around the PBS (Premium Billing System) technology. The core offering is Direct Premium Financing, supported by the PBS platform which provides real-time quoting, digital PFA signatures, and electronic payment collection. The platform includes supplementary modules such as the API + White-Label Program for third-party partners, CPR (Cancellation Prevention & Retention) Program, Proprietary Agent Credit Scoring, and Pre-approval for Renewals. For general agents and wholesalers, the offering expands to include Private Label Servicing, Custom Dashboards by Producer, and Tiered Incentive Programs. The company also provides a Producer Fee Program and revenue-sharing models for agents. The PBS platform serves as the central technology hub connecting all product offerings, while the API infrastructure enables third-party integrations.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Premium Financing Core premium financing service enabling insurance agents to offer their clients flexible installment plans for insurance premiums, funded by National Partners. Targeted at independent agents, brokers, and their commercial and personal insurance clients.
• API + White-Label Program Premium finance infrastructure solution for third-party partners including MGAs, fintech platforms, and alternative lenders. Provides API access, white-labeled tools, servicing infrastructure, and reporting/compliance support to offer branded premium finance programs under their own identity.
• Private Label Servicing

Quantifiable outcome

• Close more business
• +5 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Brown & Brown: Large U.S. insurance distributor and brokerage that participates in premium finance through partnerships and its broader insurance portfolio. Comparable as an incumbent channel that can offer or bundle premium finance alongside insurance distribution at scale.
• Hub International: Major North American insurance brokerage with national scale across personal and commercial lines. Overlaps with NP as a large channel participant that can offer premium finance solutions through its agent network.

Direct peers

• IPFS Corporation (Imperial Premium Finance Solutions): Long-established U.S. premium finance company offering commercial and personal premium financing with a multi-state footprint. Highly comparable in product scope, agent channel, and target customer to National Partners.
• BankDirect Capital Finance: Bank-backed premium finance company providing premium financing solutions to insurance agents and brokers. Comparable in bank-capitalized funding model (similar to National Partners' WebBank structure) and agent-channel focus.
• AFCO Premium Group: One of the largest U.S. commercial premium finance companies, now part of Truist Insurance Holdings. Directly competes with National Partners for the same agent and broker customer base with similar installment premium finance products.
• First Insurance Funding: A leading U.S. premium finance provider owned by CIBC, focused on commercial premium finance for insurance agents and brokers. Comparable in scale ambitions, channel model, and product offering to National Partners.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@NationalPartners
• LinkedInlinkedin.com/company/national-partners-pfco-llc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Partners PFco