Hoopis Funding LLC Employee Directory

Financial ServicesIllinois, United States2-10 Employees

Hoopis Funding LLC operates in the financial services sector, offering an alternative to traditional policy loans for insurance policyholders by arranging private loans secured with insurance as collateral. The company aims to provide lower borrowing costs and simpler underwriting through established banking relationships, with the goal of reducing policy loan interest drag and preserving policy performance in a lower dividend rate environment. Its approach is designed to help clients manage policy loans more efficiently, potentially reducing the need for premium top-ups to avoid policy surrender, and it emphasizes flexible terms such as no upfront or processing fees and no prepayment penalties. The service is relevant to estate and business planning, including scenarios involving trust-owned or business-owned life insurance, where the reduced interest burden may have tax implications for the policyholder or associated entities. Hoopis Funding is based in Northfield, Illinois, and operates with a small professional team.

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