Standard Premium Finance Holdings, Inc. reported a notable increase in its financial performance for the fiscal year ending December 31, 2025, with gross revenue rising to $12.47 million, a 2.7% increase from $12.14 million in 2024. The growth was primarily driven by a 4.1% increase in finance charges, which accounted for 88% of total revenue. However, this was partially offset by declines in late charges and origination charges. The company financed an additional $8.63 million in new loan originations, marking a 5.8% increase, attributed to enhanced marketing efforts and an increase in the number of loan originations.
In terms of profitability, Standard Premium reported a net income of $1.21 million for 2025, up 23.9% from $980,000 in the previous year. This increase was largely due to a rise in income before taxes, which grew by 20.6% to $1.59 million. The company also experienced a decrease in interest expenses, down 6.8% to $4.11 million, as a result of lower interest rates on its line of credit. The effective interest rate on the line of credit decreased from 7.30% in 2024 to 5.97% in 2025, contributing positively to the bottom line.
Operationally, Standard Premium maintained a portfolio of 18,846 active premium finance loans across 18 states as of December 31, 2025, a slight decrease from 18,858 loans in the previous year. The total outstanding loans increased to $76.63 million from $67.17 million, reflecting the company's growth in financing insurance premiums, which amounted to approximately $172.4 million. The company continues to rely on a network of over 850 independent insurance brokers and agents for loan origination, with a focus on maintaining relationships to drive business.
Strategically, Standard Premium has expanded its line of credit from $50 million to $75 million, with an additional $40 million accordion feature, extending the maturity until September 2028. This move is expected to enhance the company's liquidity and support its growth strategy. The company also reported a working capital surplus of $15.12 million, indicating a strong liquidity position to meet its operational needs. Looking ahead, Standard Premium plans to continue its expansion into new states and enhance its marketing efforts to drive further growth in loan originations and revenue.
About STANDARD PREMIUM FINANCE HOLDINGS, INC.
Standard Premium Finance Holdings, Inc. is a specialized finance company providing collateralized loans to small- and medium-sized businesses and individuals to finance property and casualty insurance premiums. Operating in 37 states, it underwrites loans through insurance agents and brokers, using unearned premiums as collateral. The company emphasizes technology, personalized service, and low-risk, high-quality loans within a competitive industry focused on insurance premium financing.
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