Overview
Synovus Life Finance provides loans that utilize life insurance and annuity products as collateral for businesses and trust entities.
In most circumstances, loans from Synovus Life can be structured to suit the borrower’s unique financial requirements, including:
Interest‑only or current‑pay loans
Pre‑paid
interest loans
Negatively
amortizing loans
Synovus Life accepts insurance and annuity policies issued by most life insurance carriers in the United States.
Premium Financing
Life Insurance Premium Financing may seem complex, but it is in fact a straightforward way to fund a life insurance or annuity policy using a loan. Understand better how a typical premium financing arrangement works and the potential benefits and challenges of using this funding approach.
Lending Highlights
Are you interested in obtaining a loan from Synovus Life to fund your life insurance policy or annuity? Click here to see high-level details of a “typical” loan, including typical term and size, collateral requirements, client profile, origination fees, interest rate options, payment options, timetables and more.
Case Submission
Ready to fund your insurance or annuity policy with a loan from Synovus Life? Business and Trust borrowers should click here for a detailed listing of the information required to ensure that the loan application proceeds smoothly so that closing and funding can be completed efficiently and quickly.