Budget Installment Overview

  • Year Founded
  • 1971

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

Budget Installment General Information

Description

Provider of financing services for commercial insurance premiums. The company offers payment plans and loan processing services for insurance products. It offers its services to insurance agents, brokers, wholesalers and regional carriers.

Contact Information

Website
www.bicfinance.com
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 1050 Franklin Avenue
  • Suite 204
  • Garden City, NY 11530
  • United States
Primary Industry
Specialized Finance
Other Industries
Other Insurance
Acquirer
BankDirect Capital Finance
Corporate Office
  • 1050 Franklin Avenue
  • Suite 204
  • Garden City, NY 11530
  • United States

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Budget Installment Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Budget Installment Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of financing services for commercial insurance premiums. The company offers payment plans and loan processing s
Specialized Finance
Garden City, NY

Draper, UT
 

Lake Forest, IL
 
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Budget Installment Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Capital Premium Financing Private Equity-Backed Draper, UT
BankDirect Capital Finance Corporate Backed or Acquired Lake Forest, IL
You’re viewing 2 of 2 competitors. Get the full list »

Budget Installment Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Budget Installment FAQs

  • When was Budget Installment founded?

    Budget Installment was founded in 1971.

  • Where is Budget Installment headquartered?

    Budget Installment is headquartered in Garden City, NY.

  • What industry is Budget Installment in?

    Budget Installment’s primary industry is Specialized Finance.

  • Is Budget Installment a private or public company?

    Budget Installment is a Private company.

  • What is Budget Installment’s current revenue?

    The current revenue for Budget Installment is .

  • Who are Budget Installment’s investors?

    Webster Financial has invested in Budget Installment.

  • Who are Budget Installment’s competitors?

    Capital Premium Financing and BankDirect Capital Finance are competitors of Budget Installment.

  • When was Budget Installment acquired?

    Budget Installment was acquired on 02-Nov-2009.

  • Who acquired Budget Installment?

    Budget Installment was acquired by BankDirect Capital Finance.

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