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Standard Premium Finance Holdings

SPFX · OTC

$3.11−$0.0448 (−1.42%)TodayMarket closed ·
No price history for this range.

About SPFX

Standard Premium Finance Holdings, Inc. engages in the provision of collateralized loans to business and individuals to finance the insurance premiums on commercial property and casualty insurance policies. The company is headquartered in Miami, Florida and currently employs 25 full-time employees. The company went IPO on 2022-03-17. The firm operates in 37 states. The company has developed relationships with insurance agents and brokers located in its market area who offer insurance premium loans as a service to their customers which the Company underwrites. The firm evaluates each insurance premium loan application according to its loan underwriting criteria. Upon its approval of an insurance premium loan, the borrower makes a down payment, generally 20% to 25% of the annual premium on the financed insurance policy, and the Company provides the balance of the annual premium required to purchase the policy. The firm's subsidiary, Standard Premium Finance Management Corporation, is a licensed insurance premium finance company in 37 states.

Employees
25
Headquarters
Miami, Florida
Listed
Mar 17, 2022
Sector
Financials
Industry
Financial Services
Website
standardpremiuminvestors.com

SPFX key statistics

Market cap
9.10M
Price-earnings ratio
9.00
Dividend yield
—
Average volume
1.86K
Volume
100
Open price
$3.11
High today
$3.11
Low today
$3.11
52 Week high
$3.25
52 Week low
$1.55

Standard Premium Finance Holdings (SPFX) at a glance

Standard Premium Finance Holdings (SPFX) last traded at $3.11, with a market cap of 9.10M and a price-to-earnings ratio of 9.00.

Volume so far is 100 shares, below the average of 1.86K shares a day.

Over the past year Standard Premium Finance Holdings has ranged from $1.55 to $3.25, and now sits 91% of the way up that range.

SPFX news

  • Press releaseGlobe Newswire

    Standard Premium to Present Strategic Priorities and Growth Trajectory at 2026 Annual Shareholders Meeting

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