GB Financial Group, Inc announces Traditional Premium Finance Lending Platform

GB Financial Group, Inc is pleased to announce that through its wholly-owned subsidiary Windward Capital Partners, LLC it can now offer a comprehensive, fully operational Traditional Premium Finance Lending Platform.

In order to further enhance its ability to provide market-leading wealth preservation and wealth transfer solutions involving life insurance to its extensive, nationwide high-net-worth client base, GB Financial created a lending platform, which exclusively focuses on traditional premium finance. With Windward Capital Partners, GB Financial is able to offer seamlessly integrated life insurance strategies, augmenting the high-quality, custom service its discerning clients expect and deserve. The concept of vertically integrating the wealth preservation and wealth transfer advisory business with an in-house lending practice is new to the marketplace and confirms GB Financial’s commitment to its clients to offer an unparalleled quality of execution.

Windward Capital Partners provides its clients access to two distinct financing solutions, thereby offering its customers the most diverse lending platform enabling the optimal design and structuring solutions for the client.

·     Prime Rate-based loans for a commitment period for up to ten years, with the ability to fix the interest rate for the full term of the loan. The primary collateral consists of the guaranteed cash surrender value of the life insurance policy, while the additional collateral (when necessary) can consist of a Letter of Credit, cash or marketable securities. The minimum annual premium is $100,000.

·     Libor Rate-based loans for a commitment period of five years, with the ability to fix the interest rate for the full term. The primary collateral consists of the guaranteed cash surrender value of the life insurance policy, while the additional collateral (when necessary) can consist of a Letter of Credit, cash or marketable securities. The minimum annual premium is $100,000.

·     A direct bond issue into the Capital Markets by the Irrevocable Life Insurance Trust that is the owner and beneficiary of the life insurance policy, wrapped by a Letter of Credit from highly-rated financial institutions.  The Letter of Credit is collateralized by the guaranteed cash surrender value of the life insurance policy, while the additional collateral (when necessary) can consist of cash or marketable securities. The minimum premium amount is $4,000,000 and the financing is exclusively available for clients with a net worth in excess of $20,000,000.

For further information, please contact:

Gwen Baker:                GBaker@GBFinancial.com               (781)-237-4657

Bracknell Baker:           BBaker@GBFinancial.com                 (781)-237-4657

Rene Stuifzand:            RStuifzand@GBFinancial.com            (781)-237-4657