Premium financing isn't available

Last updated: February 5, 2026

This is a guide that will teach you:

  • Top reasons why premium finance isn't available

  • What to do when financing isn't available

Before Starting:

Anytime you create a program in Ascend, we will also create a premium finance agreement. Financing is available on a per-program basis, based on the policies attached to the program (you can attach up to 25 policies to a single program).

Programs containing multiple quotes, any quote can block financing for the entire program. For example, if you added three quotes to a checkout link with two quotes that allow for financing and one with a carrier that doesn't allow for third-party premium financing, then the whole program will offer only pay in full.

If financing isn't available, you'll see an error like this, instead of loan terms:

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Reasons why premium finance isn't available

On a Policy:

  • Carrier/wholesaler doesn't accept financing from Ascend. Ascend maintains a database of carriers and wholesalers that we work with. If you see an error like the one below, feel free to reach out to [email protected] and we can get the carrier/wholesaler approved for financing.

    CleanShot 2025-04-17 at 17.41.36.png

  • Minimum Earned Rate. Policies where the minimum earned rate is 100% are not financeable. This includes endorsements, extensions, and audits.

  • Effective date. Policies are only financeable with an effective date up to 50 days in the past.

  • Term. The term must be a minimum of six months long to be eligible for financing and longer than one year.

  • Coverage Type. Currently, the following coverages are not supported for financing:

    • Flood

    • Wind

  • Premium Amount. Policies under $250 are not financeable.

On an Endorsement (or AP), financing won't be available:

  • Processing payments. Premium financing for endorsements will not be available if a payment is being processed on the program. Financing will become available again after the upcoming installment has been paid and applied to the loan.

  • Status. The insured's existing loan must be in good standing (cannot be in any of the following statuses: Overdue, Pending Cancellation, Cancelled)

  • More than 2 Remaining Payments. The loan must have at least two installments and at least 74 days before policy expiration.

  • Financed original policy. The original policy must have been financed through Ascend (i.e., we cannot finance an endorsement if the original policy was paid for in full).

Contact Us

Need more help? Contact us at [email protected] for more help.