Cypress provides a complete premium financing solution while delivering a competitively priced product with the highest standards for service. We are able to finance B+ rated business with competitive down payments and payment terms up to 11 payments. We can also provide direct bill services as well as finance multi year policies. Premium financing is what we know best. It’s what we do.
Below are a few of our products. Simply fill out our Quick Start form and get started, or we can send a sales representative to your office to review.
Recognizing the growing need for agents to have access 24 hours a day, 7 days a week led to a complete internet solution for our clients. With our Premium Billing System (PBS), Cypress offers a large number of features, including detailed and summary account viewing information in real time. In addition, we can provide reports such as missing policy numbers and pending cancellations.
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Provides quotes over the Internet and the ability to electronically submit contracts to Cypress. With our PBS agents, brokers can calculate and print finance contracts online from their web-browser without software installations. In addition, PBS is a totally intergrated system for account maintenance, viewing, and quoting all in one place. No longer do you have to log into two separate sites. PBS is a total web-based solution for online quoting and finance contract preparation.
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Enhances E-Submission via Electronic Signatures
Complete our electronic signature agreement, and with the click of your mouse you can instantly submit finance agreements to our office for processing. No more faxes! No more mailing!
24/7 Access to Notice and Forms
With PBS our brokers can retrieve any notice, letter, or form that has been generated by Cypress. Forms can easily be printed, stored, or emailed for your convenience. In addition to the broker access, an insured borrower will have access as well.
Our convenient online payment wizard helps prevent costly cancellations and rewrites. Brokers and/or borrowers can either pay with a check or credit card and submit the payment to us online. Payments submitted online before 4:30 PM (PST) are posted the same day. These payment services provide professional on-screen confirmations before submitting payment and an instant email confirmation with a transaction number from our loan management software.
The E-ALERT is an additional reminder sent out via email to prevent account cancellations. This feature will notify both you and your client of the pending cancellation three days before the account is due to cancel. E-ALERT will include a direct link to our online payment screen and instructions on how to make a payment online or over the telephone.
Cancellation Hold Feature
Our online cancellation hold feature allows brokers to put a specific account on hold for up to 5 calendar days via our website to prevent a cancellation from occurring.
New Account Confirmation
We provide a New Account Confirmation Notice that is emailed to you each and every time we accept a loan, allowing you to review. This allows you quick turn around to document and update your file with account information.
Cypress can customize a fee program that works for your agency.
Get Scheduled Reports Delivered When and Where You Want Them
We can automatically deliver customized reporting such as new and pending business when and where you want it delivered.
With the disbursement of loans through the automated clearing house, money is sent directly to the payee bank account. This eliminates paper check disbursement and decreases the time usually required for the issuance and mailing of checks.
Pay By Telephone
Pay by Telephone Payments may be made over the telephone by calling 800-506-0602. When Pay by Phone is used, an automatic transaction (ACH) will deduct the payment directly from a checking account. The payer’s bank routing and account numbers are required when making the payment by phone.
The automatic payment option will help to avoid late fees and allows your payment to automatically be deducted directly from your personal checking or savings account on the payment due date. To sign up for the Automatic Payment Option, you must complete a Direct Debit Authorization Form.
Fully complete and mail to the address provided. If you wish to change the checking or savings account that your payment funds are deducted from or discontinue using this feature, contact customer service at 800 506 0602.
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With our brokerage facilities Cypress has the ability to offer a variety of alternative solutions for your financing needs in the event of a non rated carrier or special needs situation. We are also able to finance accounts in bankruptcy with a court ordered debtor in possession order and favorable review of their plan.
Many of our clients come from referrals. We appreciate your referral; just simply submit our referral form, and we will take care of the rest.
Private Label Options
We are able to license, operate, and assist in obtaining lines of credit for you to originate loans in your company name or owning your own receivable.