Standard Premium Strengthens National Presence to Forty States with New License Approvals
Standard Premium (OTCQX: SPFX) announced state license approvals that expand its operating footprint to 40 states as of Dec 1, 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Standard Premium (OTCQX: SPFX) announced state license approvals that expand its operating footprint to 40 states as of Dec 1, 2025. In 2025 the company received approvals in New Jersey, New York, North Dakota, Pennsylvania and Utah, adding to 2024 approvals in Connecticut, Michigan, Rhode Island, Montana, New Mexico and Oregon.
The company said its recently expanded $115 million line of credit more than doubled available capital, which management tied to executing its geographic growth plan. Executives highlighted regulatory compliance, operational readiness and a goal of broader customer and portfolio diversification.
Positive
- Operating footprint expanded to 40 states as of Dec 1, 2025
- $115 million line of credit expanded availability of capital, more than doubling capacity
- 2025 approvals in New Jersey, New York, North Dakota, Pennsylvania and Utah
Negative
- Company remains licensed in 40 states, not yet nationwide (10 states remaining)
Details
News Market Reaction – SPFX
On Dec 1, the day this news came out, SPFX closed 0.76% above the previous close.
Data tracked by StockTitan Argus for the Dec 1 session.
Key Figures
- Licensed states
- 40 states
- Total operating footprint as of Dec 1, 2025
- Line of credit
- $115 million
- Recently expanded facility supporting growth plan
- New 2025 states
- 5 states
- Approvals in NJ, NY, ND, PA, UT in 2025
- 2024 expansion states
- 6 states
- Approvals in CT, MI, RI, MT, NM, OR in 2024
- Price change
- 4.42%
- Pre-news 24h move in SPFX shares
- 52-week range
- $1.20 – $3.99
- Pre-news 52-week low and high
- Volume multiple
- 5.38x
- Today’s volume vs 20-day average before this news
- 200-day MA
- $2.12
- SPFX trading below long-term average pre-news
Historical Context
-
New licenses expand operating footprint to forty states.
-
Q3 showed portfolio growth, higher originations, and revenue increase.
-
Planned meeting to discuss record profitability and buyback program.
-
New $115M revolving credit agreement more than doubled prior line.
-
White paper advocated expanded federal disaster insurance coverage.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
line of credit financial
portfolio diversification financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
MIAMI, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (“Standard Premium”), a leading specialty finance company, announces new state licensing approvals that expand its operating footprint to 40 states. In 2025, Standard Premium received approvals in New Jersey, New York, North Dakota, Pennsylvania and Utah. These states join the company’s 2024 expansion into Connecticut, Michigan, Rhode Island, Montana, New Mexico and Oregon, further solidifying Standard Premium’s position as one of the most widely licensed premium finance companies.
“This milestone underscores our continued commitment to responsible growth and to serving agents, carriers and insureds across the country,” says William Koppelmann, CEO, Standard Premium. “Our recently expanded
The continued expansion reflects Standard Premium’s disciplined approach to market entry and regulatory compliance. By maintaining strong relationships with state departments of insurance and investing in operational readiness, the company ensures a seamless onboarding process for agents and policyholders.
“Achieving 40 state approvals marks an important step in our long-term growth strategy. Expanding our geographic reach not only broadens our customer base but also strengthens our portfolio diversification,” adds Brian Krogol, CFO, Standard Premium.
These licensing achievements support the company’s broader initiatives to expand into new regional markets and deliver consistent value to stakeholders. In 2025 Standard Premium has been featured in trade media including Insurance Thought Leadership, AM Best and CityBiz.
About Standard Premium Finance Holdings, Inc.
Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), is a specialty finance company which has financed premiums on over
Cautionary Statement Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended with regard to our anticipated future growth and outlook. Our actual results may differ from expectations presented or implied herein and, consequently, you should not rely on these forward-looking statements as predictions of future events. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or results.
Additional information concerning risk factors relating to our business is contained in Item 1A Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2025 which is available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website, standardpremium.com.
Media:
Nicholas Turchiano
CPR Marketing
nturchiano@cpronline.com
201-641-1911x35
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.