Freedom Premium Finance

What Freedom Premium Finance does

Freedom Premium Finance is a privately-held commercial insurance premium financing company headquartered at 20 3rd Ave NE in Ardmore, Oklahoma. The company finances commercial insurance premiums, allowing policyholders to pay a down payment and service the remainder through scheduled installments rather than a single upfront lump sum. A representative disclosed transaction structure is a $120,000 commercial premium financed with a 20% down payment and ten monthly installments of $9,850, with revenue generated from fees and finance charges embedded in the installment schedule.

The company targets two customer segments: independent insurance agents and Managing General Agents (MGAs). Its go-to-market is primarily direct, with agent outreach conducted via phone and email. For digital access, Freedom Premium Finance leverages the PBS NetAccess third-party web portal (pbsnetaccess.com) to provide agents with online account access, rather than operating a proprietary technology platform. No internally developed systems, proprietary algorithms, patents, or certifications are disclosed in the available materials.

The business model is transaction-based: revenue is derived from financing fees and interest charged on each financed premium, scaled by the volume of premium dollars routed through the company by its agent partners. Operations are anchored to a single Ardmore, Oklahoma headquarters, with no disclosed offices, funding events, executive team, or M&A activity. Legal artifacts (Terms of Use and Privacy Policy) were updated on December 19, 2025, indicating an actively maintained compliance footprint, but no proprietary technology build or product launch history is documented.

Name

Freedom Premium Finance

Legal name

Freedom Premium Finance

Website

https://freedompremiumfinance.com

Company type

Private

Operating status

Operating

Short description

Freedom Premium Finance is a privately-held commercial insurance premium financing company based in Ardmore, Oklahoma, serving independent insurance agents and Managing General Agents (MGAs) with down-payment-plus-installment premium funding via phone, email, and a third-party web portal.

Ownership category

akta.pro rank

Product category

Commercial Insurance Premium Financing

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Embedded Insurance Distribution & Premium Financing (FSAGALAF)

akta.pro secondary industry

Billing, Payments & Premium Finance Platforms (FSAGAGAI)

Keywords

• Commercial insurance premium financing
• Premium finance services
• Insurance agency financing
• MGA premium financing
• Program business financing

Headquarters

HQ city

Ardmore

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Premium Financing Services: Freedom Premium Finance generates revenue by financing insurance premiums for agencies and their clients. The company takes a percentage of the financed premium as financing fees, converting large annual insurance premiums into manageable monthly installments. Revenue is earned on each transaction when premiums are financed and repaid through structured installment plans.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Freedom Premium Finance provides agency-first commercial insurance premium financing for independent insurance agencies, MGAs, and program administrators. The company converts large annual insurance premiums into manageable monthly installment plans, typically structured with a down payment and a fixed number of monthly installments, while coordinating billing with the insured and keeping the originating agency informed throughout the process.

Product overview

Freedom Premium Finance operates as a single, unified premium financing service designed specifically for independent insurance agencies and MGAs. The core offering is premium financing that converts large annual premiums into manageable installment plans. The company provides a three-step process: Request Terms (submission of account and premium details), Execute (insured signs agreement with document coordination), and Fund and Support (funding with billing management while keeping agencies informed). Sample transactions demonstrate financing of premiums such as $120,000 with 20% down payment and 10 monthly installments. The company does not segment its services into separate product lines or modules—all capabilities are delivered through the integrated premium financing service.

Differentiator

Problem solved

Functional benefit

Products and services

• Premium Financing Services Agency-first premium financing that turns large annual insurance premiums into manageable monthly installments for independent insurance agencies, MGAs, and program administrators. Includes three-step process (Request Terms, Execute, Fund and Support), clear terms, responsive support, billing coordination with insureds, and agency-friendly practices that protect client relationships.

Quantifiable outcome

• Sample transaction demonstrates 20% down payment requirement with 10-month installment structure for a $120,000 premium, resulting in $9,850 monthly payments.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights2 records

Others

• AgencyBloc: Agency management system and CRM for independent insurance agencies. Comparable as an adjacent technology provider that supports the same independent-agent workflow that Freedom plugs into for premium financing — useful as a benchmark for technology integration expectations among Freedom's customer base.

Broad incumbents

• IPFS Corporation: One of the largest US commercial insurance premium finance companies, serving agents, brokers, MGAs, and carriers across all 50 states. Directly comparable to Freedom as a premium financing provider to commercial agencies, but at vastly greater scale and with proprietary technology and a national footprint.
• BankDirect Capital Finance: Bank-affiliated premium finance provider offering commercial insurance premium financing to agents and brokers. Comparable to Freedom in core product and channel, though backed by a banking parent and competing on a national scale with potentially more favorable funding costs.
• AFCO Premium Finance: Major US premium finance company offering financing for personal and commercial lines through independent agents and brokers. Comparable to Freedom in product (premium financing via installment plans) and target channel (independent agents), though AFCO operates nationally with a much larger balance sheet.
• First Insurance Funding (FIF): A leading commercial insurance premium finance provider within Truist Insurance Holdings, serving agencies and brokerages nationwide. Directly comparable to Freedom as a commercial premium financier servicing independent agencies, but with institutional backing and a much broader footprint.

Direct peers

• Premium Financing Specialists (PFS): Direct commercial insurance premium finance company serving independent agents and MGAs. Highly comparable to Freedom in target customer (independent agencies/MGAs), product (installment-based premium financing), and positioning as an agency-focused partner rather than a large impersonal financier.
• Yellowstone Capital: Specialty premium finance company focused on commercial insurance financing for independent agents and brokers. Closely comparable to Freedom in the independent-agency channel and in financing large annual premiums into installments.
• Premium Finance Company of America: Commercial premium finance provider focused on independent insurance agencies. Comparable to Freedom in customer base (independent agents), product structure, and agency-first GTM.
• LeaseServ: Commercial insurance premium finance company serving independent agencies and MGAs, including program business. Directly comparable to Freedom in target segments and product offering, with similar reliance on agency-channel relationships.
• Capital Premium Financing: Specialty premium finance company focused on commercial lines for independent agents and brokers, including MGA/program business. Directly comparable to Freedom in the independent agency channel and the program/MGA segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Freedom Premium Finance