APPEX Deal Offers Agencies Low Interest Loans
NU Online News Service, Jan 18, 11:38 a.m. EST
APPEX, based in Concord, Ohio, said the arrangement with First Insurance Funding Corp. and Lake Forest Bank & Trust will give agencies access to customized premium finance services, loans for agency perpetuation and acquisition, lines of credit for building purchases, construction and equipment purchases, as well as trust, investment and leasing services.
Albert Lloyd, APPEX's executive director, said, "The services offered by LFB&T and First create a lending facility with favorable interest rates and agency fee generating premium finance services, all of which are exclusive benefits only for APPEX Partners.
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