Principles of Consolidation and Description of Business	12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]
Principles of Consolidation and Description of Business	1. Principles of Consolidation and Description of Business Standard Premium Finance Holdings, Inc. (“SPFX” or the “Holdings”) was incorporated on May 12, 2016, pursuant to the laws of the State of Florida. SPFX issued 100,000 shares of common stock to its founder with a fair value of $100 in exchange for services provided. Standard Premium Finance Management Corporation (“SPFMC” or the “Subsidiary”) was incorporated on April 23, 1991, pursuant to the laws of the State of Florida, to engage principally in the insurance premium financing business. The Subsidiary is a licensed insurance premium finance company in thirty-seven states. On March 22, 2017, SPFX entered into an agreement of share exchange with SPFMC and the shareholders of SPFMC common stock to facilitate the formation of SPFX that will own all of the issued and outstanding shares of SPFMC. The shareholders of SPFMC agreed to exchange SPFMC common stock for newly issued shares of SPFX common stock. For accounting purposes, this transaction is being accounted for as a merger of entities under common control and has been treated as a recapitalization of SPFX with SPFMC as the accounting acquirer. The historical financial statements of the accounting acquirer became the financial statements of the Company. We did not recognize goodwill or any intangible assets in connection with the transaction. The accompanying consolidated financial statements include the accounts of SPFX and its wholly-owned subsidiary SPFMC. SPFX and its Subsidiary are collectively referred to as (“the Company”). All significant intercompany balances and transactions have been eliminated in consolidation.

Principles of Consolidation and Description of Business

12 Months Ended

Dec. 31, 2024

Principles of Consolidation and Description of Business

1. Principles of Consolidation and Description of Business

Standard Premium Finance Holdings, Inc. (“SPFX” or the “Holdings”) was incorporated on May 12, 2016, pursuant to the laws of the State of Florida. SPFX issued 100,000 shares of common stock to its founder with a fair value of $100 in exchange for services provided.

Standard Premium Finance Management Corporation (“SPFMC” or the “Subsidiary”) was incorporated on April 23, 1991, pursuant to the laws of the State of Florida, to engage principally in the insurance premium financing business. The Subsidiary is a licensed insurance premium finance company in thirty-seven states.

On March 22, 2017, SPFX entered into an agreement of share exchange with SPFMC and the shareholders of SPFMC common stock to facilitate the formation of SPFX that will own all of the issued and outstanding shares of SPFMC. The shareholders of SPFMC agreed to exchange SPFMC common stock for newly issued shares of SPFX common stock. For accounting purposes, this transaction is being accounted for as a merger of entities under common control and has been treated as a recapitalization of SPFX with SPFMC as the accounting acquirer. The historical financial statements of the accounting acquirer became the financial statements of the Company. We did not recognize goodwill or any intangible assets in connection with the transaction.

The accompanying consolidated financial statements include the accounts of SPFX and its wholly-owned subsidiary SPFMC. SPFX and its Subsidiary are collectively referred to as (“the Company”). All significant intercompany balances and transactions have been eliminated in consolidation.