Cypress Premium Funding

Cypress does not source borrowers directly. Instead, it operates through a network of independent insurance brokers who present Cypress as a financing option when a client purchases or renews a commercial insurance policy. Cypress underwrites the premium finance loan by funding the carrier directly, and the insured repays Cypress via a monthly installment plan of 8, 9, or 10 payments. This distribution model makes the broker the originator, not the borrower.

The collateral is the unearned premium on the financed commercial insurance policy. If a borrower defaults on their installment payments, Cypress's recourse is to cancel the policy and reclaim the unearned premium from the insurance carrier. Cypress restricts its financing to carriers rated B+ or better by A.M. Best, which sets a minimum threshold on the collateral's credit quality.

According to its public materials, Cypress finances commercial insurance policies — coverage purchased by businesses — rather than personal lines like auto or homeowners insurance. The loans are short-term, mirroring the policy term, and are structured with repayment schedules of 8, 9, or 10 months. The firm notes it can handle both small and large accounts.

Cypress's underwriting model is built on carrier rating rather than borrower FICO scores. Because the unearned premium acts as recoverable collateral upon default, the primary credit decision is the financial strength of the insurance company holding the premium reserve. Cypress requires carriers to have an A.M. Best rating of B+ or higher. The firm does not describe any additional borrower credit evaluation.

There is no public evidence of adjacent lending vehicles, fund structures, philanthropic foundations, or capital markets programs operating alongside Cypress's core premium finance business. The firm's website describes only one product — short-term commercial insurance premium loans — and does not reference any co-investment vehicles, SPVs, or real-asset arms.