Who Are We
Since opening its doors in 2007, Pacific Enterprise Bank has provided commercial lending products to a variety of clients throughout California. Due to the success of the Bank, especially within its Heavy and Medium Duty Truck Financing Group, Pacific Enterprise Bank has launched a new lending product for Commercial Insurance Premium Finance.
Commercial Insurance Premium Finance allows a business to spread an insurance premium payment over a specified time of the policy term, rather than paying the full amount up front.
The Insurance Premium Finance Division offers a unique product that's new to the Insurance Premium Financing Industry and that focuses on the Trucking Industry through a network of Insurance Brokers.
The Premium Finance Division is currently lending in the following states: California, Arizona, Oregon, Washington, Utah, Colorado, and Texas.
Our California Capital Access Program (CalCAP) advantage creates a unique program in which Pacific Enterprise Bank is able to offer low down payments and longer terms to your clients.
The CalCAP Loan Loss Reserve is a form of loan portfolio insurance which may provide up to 100% coverage on certain loan defaults. By participating in the CalCAP Loan Loss Reserve, lenders have available to them a proven financing mechanism to meet the financing needs of California's small businesses.
Cancellation Prevention Process
The Premium Finance Division will also help agencies lower their cancellation percentage. Our customer service department will make courtesy calls to the borrowers and the agencies prior to mailing the notices of the intent to cancel and cancellation letters.
With the increase in requests for notices to be emailed, we have the option to email the notices to the agency and borrower along with mailing them.
Preferred Agency Referral Program
The Premium Finance Division is always looking for quality agencies to partner with and build a referral source for our current bank clients. Additionally, you will be rewarded for referring your clients to Pacific Enterprise Bank for their SBA, Equipment, or other Commercial Lending needs.
We offer a true partnership between agencies and the bank.
17748 Skypark Circle, Suite 100
Irvine, CA 92614
Attention: Premium Finance Division
Phone: 949-777-8962 Fax:949-333-8189
Payments Processing/ Return Premiums/Cancellations Payoffs
Phone 949-486-8760 Fax: 949-333-8189
New Agency Inquiries
Phone: 949-486-8762 Fax: 949-333-8189