Premier Lease & Loan Services®

Now you can automatically export data from LeaseTeam's portfolio management system to Premier Lease & Loan Services, which provides a service to lessors to automatically place insurance when lessees do not provide proper proof of insurance.

The exported data is required by Premier Lease & Loan to administer this service.

About Premier Lease
& Loan Services

A division of Great American Insurance Company®, Premier Lease and Loan Services® specializes in providing lease and loan related insurance products for financial institutions, focusing on vehicle lenders and lessors, commercial equipment lessors, and mortgage lenders.

Visit the Premier Lease & Loan Web site to learn more

Premier Lease & Loan Services® & LeaseTeam: How it Works

When insurance is placed, lenders need to bill the borrower for the insurance charge. This integration allows you to import insurance billing information from Premier Lease & Loan Services to LeaseTeam's portfolio management software, creating additional transactions that will automatically invoice out the insurance premiums with the remaining rentals on the contract.

Premier Lease & Loan Services will also monitor whether your customers are paying their insurance invoices. If they are delinquent or provide proof of other insurance, Premier Lease & Loan Services can have automatic Credit Memos created in LeaseTeam's back-end system to reverse the unpaid insurance charges and also process Insurance Cancellations.