Capital Premium Finance

Financial ServicesFlorida, United States2-10 Employees

Capital Premium Finance is a privately held insurance premium finance company founded in 2008 by Jim Sweat and Lee Gerzina who jointly have over 60 years experience in the insurance premium finance industry.

We are a leading, service-oriented company whose competitive rates and common sense attitude provide insurance agents and their clients with the best available premium finance product.

The roots of Capital Premium Finance date back to 1961 when Jim’s father, Bob Sweat founded Premium Assignment Corporation, a premium finance company located in Tallahassee, Florida.  In 1981, Jim Sweat was a Lockheed Engineer in Atlanta when his dad needed his help to run the business during recuperation from quadruple bypass surgery.  Lee Gerzina came on board shortly after.

PAC was sold to SunTrust Bank in the early 90’s and is currently one of the largest premium finance companies in the world.  Jim stayed on as president of that company for a number of years.  Under his direction PAC did business in all 50 states with a staff of over 100 employees and financed billions in premiums.

Jim and Lee left that company to start SEFCO in the late 90’s.  SEFCO grew and was sold to BB&T bank in 2003.

Jim and Lee then founded Capital Premium Finance in 2008.  With over 600 agents and 500 insurance companies, Capital Premium Finance has financed insurance premiums for more than 50,000 customers.  During their 30 year careers, Jim and Lee have financed over $2 billion in insurance premium finance loans.

Tom Sanzenbacher and Julie Smith, two integral members of our team at Capital Premium Finance, also each have over 30 years experience in the premium finance business, both dating back to the early days with Jim’s dad.

As you can see, experience is our great strength and premium financing runs deep in the Sweat family blood.  Jim’s son, Connor recently joined the business with plans to extend the Sweat name through its third generation in premium financing.

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