Hoopis Funding LLC

Hoopis Funding LLC is a financial services company based in Winnetka, Illinois. The company is a small business with 4 employees. Hoopis Funding generates $2.5 million in annual revenue. Hoopis Funding specializes in private loans that act as an alternative to policy loans for insurance policyholders. They address the issue of high interest rates on policy loans, which can negatively impact the performance of insurance policies. The company leverages its banking relationships to offer loans with more favorable interest rates. Hoopis Funding's private loans offer several benefits. The process is simplified due to the use of insurance as collateral, making it relatively easy to obtain. By slowing down the growth of a policy loan, Hoopis Funding's solution may prevent the need to restart premium payments and avoid policy surrender in the future. Additionally, there are no upfront fees, processing fees, or prepayment penalties associated with their loans. To learn more about Hoopis Funding and their private loan solutions, visit their website at hoopisfunding.com.