Company Standard Premium Finance Holdings, Inc.

Equities

SPFX

US8538151080

Corporate Financial Services

Delayed OTC Markets 01:42:24 2024-03-22 pm EDT 5-day change 1st Jan Change
3.27 USD +8.28% Intraday chart for Standard Premium Finance Holdings, Inc. -.--% -28.29%

Business Summary

Standard Premium Finance Holdings, Inc. is a specialized finance company, which makes collateralized loans to businesses and individuals to finance the insurance premiums they pay on their commercial property and casualty insurance policies. The Company operates in 17 states. It has developed relationships with insurance agents and brokers located in its market area who offer insurance premium loans as a service to their customers which the Company underwrites. The Company evaluates each insurance premium loan application according to its loan underwriting criteria. Upon its approval of an insurance premium loan, the borrower makes a down payment, generally 20% to 25% of the annual premium on the financed insurance policy, and the Company provides the balance of the annual premium required to purchase the policy. The Company's subsidiary, Standard Premium Finance Management, is a licensed insurance premium finance company in 31 states.

Sales per Business

USD in Million2022Weight2023Weight Delta
Finance Charges
85.2 %
7 82.9 % 8 85.2 % +22.61%
Late Charges
11.0 %
1 12.7 % 1 11.0 % +2.79%
Origination Fees
3.8 %
0 4.4 % 0 3.8 % +2.63%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
8 100.0 % 10 100.0 % +19.21%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 17-04-30
Director of Finance/CFO 35 19-09-30
Chief Tech/Sci/R&D Officer - 15-12-31
Chief Operating Officer 61 16-12-31
Sales & Marketing 59 19-08-31
Sales & Marketing 58 19-08-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 61 17-04-30
Director/Board Member 58 16-12-31
Director/Board Member 63 16-12-31
Director/Board Member 61 16-12-31
Director/Board Member 61 16-12-31
Director/Board Member 75 16-12-31
Director/Board Member 64 16-12-31
Director of Finance/CFO 35 19-09-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 2,905,016 0 0 20.57 %
Stock B 0 166,000 0 0
Stock C 0 2,905,016 1,194,941 ( 41.13 %) 0

Shareholders

NameEquities%Valuation
803,655 27.66 % 2 M $
286,748 9.871 % 873 148 $
171,076 5.889 % 520 926 $
126,500 4.355 % 385 193 $
James Wall
2.694 %
78,256 2.694 % 238 290 $
66,500 2.289 % 202 493 $
66,500 2.289 % 202 493 $
66,500 2.289 % 202 493 $
17,478 0.6016 % 53 221 $
15,359 0.5287 % 46 768 $
NameEquities%Valuation
50,000 30.12 % 152 250 $
2,000 1.205 % 6 090 $

Company contact information

Standard Premium Finance Holdings, Inc.

13590 SW 134th Avenue Suite 214

33186, Miami

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http://www.standardpremium.com
address Standard Premium Finance Holdings, Inc.(SPFX)
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