Founded in 1989, Preferred Payment Plans has over 30 years of experience in the insurance premium financing industry. The company was acquired by SunTrust Bank in 1999 and now operates as a division of Truist Bank following the merger of SunTrust and BB&T. Its core mission is to offer straightforward and accessible financing solutions that allow individuals and businesses to pay for their insurance premiums in manageable installments rather than a single lump sum, thereby helping agents secure policies and clients manage their cash flow effectively.

Founded in

United States