Healthcare Funding Partners steps into the lead position for advance funding in the under 65 markets by purchasing assets from competitor Producer Advance, a Blackstone portfolio.

In acquiring the portfolio, distribution, and contracts previously held by Producer Advance, HFP has further cemented its status as the foremost provider of advanced commissions in the Under 65 market, allowing insurance marketing organizations (IMO) the flexibility to access capital that is needed to recruit and retain producers, while scaling their agency.

About Producer Advance
Producer Advance, a Blackstone portfolio company, solves capital funding issues and allows companies to leverage growth opportunities by offering commission advances for a variety of insurance products. They have been providing innovative liquidity solutions since 2016.

About Healthcare Funding Partners
Healthcare Funding Partners, which invests exclusively in the health insurance marketplace, provides flexible solutions and advanced liquidity through equity investments and the purchase of receivables. HFP was founded in 2019 and is located in Palm Beach County, FL.