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Here at WestWon Dental we proud to help dental practices all over the UK. We are now offering funding for a range of loans including Professional Indemnity Insurance.
We also provide funding for VAT Loans, Corporation Tax Loans, Working Capital Loans and Professions finance.
If you would like a quote from our award-winning dental practice, then please get in touch with our professional and friendly team.
PII Funding explained
Professional Indemnity Insurance is often abbreviated and known as PII. It can also be known as PI cover. Essentially, it’s an insurance policy for UK businesses who may offer advice to their customers.
If their clients are not happy with the advice they have been given, or any other complaints, for example, about the level of customer service, they can put your company at risk.
There are several professions that will have PII, however it is not a legal requirement.
As it covers your business and is one of the most vital policies you can have in place, it can amount to one of the biggest yearly costs your business can face.
However, through WestWon Dental we can help you finance this lump sum.
Instead of paying it all in one go, you finance it with fixed monthly payments.
You are therefore budgeting and paying for your PII over the course of the policy.
Subject to credit, we can finance your PII, from the shortest term of 3 months up to the longest being 18 months.
The process itself is very simple. To start, you send us a copy of your PII quote from your insurance organisation.
We can send you an instant quote that will enable you to see the monthly repayments you would be making. Alternatively, you can use our PII calculator below!
When we have spoken and you have approved the quote and we have received all the necessary information from you, we can send your details to our panel of lenders.
The professional indemnity finance provider (all UK based) will then decide if you are credit accepted.