Monthly Payment Plan, Inc. Employee Directory
Financial ServicesNorth Carolina, United States11-50 Employees
Monthly Payment Plan, Inc. operates in the financial services sector as a premium finance company that arranges payment plans for insurance policies. It finances insurance premiums through independent agencies, helping clients spread costs over time. The business traces its origins to the Floyd's Insurance group, founded in 1936; an in-house finance operation launched in 1967, and by 1995 several affiliated entities were consolidated into MPP, Inc. The main office is in Chapel Hill, North Carolina, with additional offices in Whiteville, North Carolina, and Beaufort, South Carolina. It finances both personal and commercial insurance and processes thousands of new loans each month. Its client base includes more than two hundred agencies across North Carolina and South Carolina, indicating a regional specialty in premium financing.