Elantis: spreading business insurance premiums into monthly payments

Most business owners meet insurance as a lump sum. Public liability, professional indemnity, property, vehicles and cyber cover tend to renew around the same time, and the combined invoice can land in a month when cash is already tight. Elantis exists for that moment. It does not lend you money to spend as you like. It pays the insurer and lets you repay the cost in instalments.

This profile covers what Elantis offers Australian businesses as at October 2026, based on its own website, who premium funding suits, what to ask before you sign, and what to do if the real problem is a wider cash shortage.

What does Elantis offer?

Elantis describes itself as an Australian and New Zealand premium funder with more than 30 years of experience. Its core product is premium funding: a short-term loan that settles your insurance premium with the insurer, which you then repay over the insurance term. Businesses can pay for several policies through one set of monthly payments, which simplifies budgeting.

A few points from its website are worth knowing:

• It works through insurance brokers. Brokers across Australia and New Zealand offer Elantis to their clients, and several major brokers are named as key partners.
• There is an online portal that brokers and clients can use.
• It targets businesses of all sizes and industries, from emerging businesses to established organisations, and says repayment options can be tailored to different industries.
• It is an accredited member of the Australian Finance Industry Association’s Insurance Premium Funding Code of Practice.

The website does not publish funding limits, minimum premiums or eligibility criteria, so we haven’t listed any. Your broker is the source for those.

How does premium funding work?

The mechanics are simple, and the same across most premium funders:

1. Your broker arranges your policies and quotes the premium.
2. You choose to fund the premium rather than pay it in full. A funding agreement sets out the amount, the charges and the instalment schedule.
3. The funder pays the insurer, so your cover starts or renews on time.
4. You repay the funder in instalments across the policy period.

Because the funder has paid the insurer on your behalf, the insurance contract usually matters to the arrangement. If you stop paying, the funder can generally take steps that affect the policy, which is why it pays to read how cancellation is handled before signing. Ask your broker to explain it in plain words.

Our guide to insurance premium funding walks through the structure in more detail, and funding for insurance premiums compares it with paying upfront or using other finance.

Who is Elantis a good fit for?

Premium funding tends to suit a business that is healthy but lumpy:

• Seasonal businesses whose cash comes in unevenly but whose insurance renews at a fixed time.
• Businesses with several policies that renew together, such as a contractor with public liability, tools, vehicles and workers’ cover.
• Owners who would rather keep cash in the business for stock, wages or growth than tie up a large sum with an insurer.

It is a less natural fit when the underlying problem is not the insurance bill. If the business is short of cash across the board, stretching the premium over twelve months only moves one cost, and you may still be unable to pay suppliers or staff. For that, look at cash flow finance or working capital.

What does it cost, and what should you ask?

Funding a premium costs more in total than paying it outright, because you pay for the convenience of spreading it. We don’t quote rates, and you shouldn’t compare offers on the instalment size alone. Ask your broker for:

Question	Why it matters
Total amount repayable in dollars	Shows the true cost of spreading the premium
Any establishment or administration charges	Fees can sit outside the headline instalment
What happens if an instalment is missed	Late payment can put the policy at risk
What happens if the policy is cancelled or changed mid-term	Refunds and balances need to be reconciled
Whether the arrangement renews automatically	Auto-renewal is convenient but easy to forget

If you are weighing premium funding against another option, our loan cost comparison calculator helps you line up the total dollars side by side.

Not sure whether the cash squeeze is just the insurance? Tell us what’s going on and we’ll look at the whole picture.

If you need more than premium funding

Elantis solves one problem well. If your situation is broader, one of these may fit better:

• Short on day-to-day cash? A business line of credit gives you a limit to draw on as needed.
• Waiting on a claim to pay out? See our guide to business loans while an insurance claim is pending.
• Lots of unpaid invoices? Invoice finance releases cash tied up in what customers owe you.

Another premium-funding option with a broker-led model is Attvest, which also offers a cash-flow-repaid merchant cash advance.

Ready to look at the bigger picture?

Insurance is only one line in your cash flow. If renewal time keeps exposing a gap, it can help to have someone look at the whole business rather than just the premium.

Our enquiry takes about a minute. It leaves your credit file alone, and your details stay with us rather than being circulated to a long list of lenders. A person reads what you’ve written and phones you to talk it through. Give us accurate numbers and we can point you to the right kind of funding first time.

Check what funding fits your business →