Use your Contract Value (CV) to get the funds you need at competitive rates.
Get a predictable lump-sum loan with fixed payments to manage expenses while investing in your agency's growth.
- Borrow up to 100% of your CV ($20,000 maximum loan)
- Fixed rates as low as 5.99%*
- Terms up to 7 years
- Minimum Fico: 600
- UCC filing fee: $100
No application fee or closing costs.
Use your Contract Value (CV) to get the funds you need at competitive rates.
Access flexible funding whenever you need it to manage cash flow or seize opportunities.
- Variable rates as low as 7.99%*
- Borrow up to 35% of your CV
- Credit limits up to $50,000
- Minimum Fico: 620
- UCC filing fee: $100
No application fee or closing costs.
Use your Contract Value (CV) to get the funds you need at competitive rates.
Be ready for your next agency purchase with a structured, low-rate loan.
- Borrow up to 100% of your CV
- Fixed rates as low as 5.99%
- Terms up to 7 years
- Minimum Fico: 600
- UCC filing fee: $100
No application fee or closing costs.
If you're a Farmers, Allstate, or independent insurance agent, access to fast, flexible financing can make the difference between winning or missing your next deal.
- Competitive fixed rates as low as 8.49% APR*
- Terms up to 15 years to support long-term cash flow
- Minimum FICO® Score: 680
- No prepayment penalties.
Application fee of $250 and closing fees.
Farmers Agents have a secret weapon when they need a loan: Contract Value (CV). Get rates and terms banks can only dream about offering from the team that knows agents best.
- Interest rates as low as 6.99%*
- Terms up to 15 years
- Borrow up to 110% of your Contract Value
- Direct Deposit of your full Agent Net Check required
Application fee of $250 and closing fees.
Plan now for the unexpected. If you have established Contract Value, you may qualify for a line of credit, which you can access anytime for unplanned agency expenses.
- Interest rates as low as 9.24%*
- Credit limit up to $100,000!
- Borrow up to 50% of your Contract Value
- Direct Deposit of your full Agent Net Check required
Apply Now
Application fee of $250 and closing fees.
Stop putting money into your landlord’s pocket. Buy your office space with a Credit Union CRE Loan. Both fixed and variable rates are available (depending on your qualifications) on loans from $50,000 to $5,000,000.
- Borrow up to 110% of your Contract Value as a down payment
- Financing available for offices, office condos, retail/retail strip, apartment buildings 5-units+
- Terms up to 15 years*
- Amortization up to 30 years
- No pre-payment penalties
- Minimum 20% down payment required
- Investment property financing available (rates and terms are subject to property type and leases)
*Owner Occupied Properties Only and Maximum 65% LTV
Our multi-purpose loan offers agents exceptional value. This use-it-how-you-see-fit loan provides low-cost and flexible financing in one convenient package.
- Interest rates as low as 12.49%*
- Terms up to 84 months
- Borrow up to $100,000
- Direct Deposit of your full Agent Net Check required
Application fee of $250 and closing fees.
Thinking of buying an agency? We make the purchasing process simple. Borrow against your CV to expand your business.
- Interest rates as low as 6.99% *
- Terms up to 15 years
- Borrow against your Contract Value:
- Internal buyers borrow up to 110% of Contract Value
- External buyers borrow up to 80% of Contract Value
If you need additional funds to close the deal, add a Farmers Business Loan.
- Interest rates as low as 12.49%
- Terms up to 84 months
- Borrow up to $100,000
- Direct Deposit of your full Agent Net Check required
Application fee of $250 and closing fees.
Make paying for new staff easier. The Agency Staffing Loan is a great way to get your new hire up and producing. And with competitive rates, you and your cash flow will like the affordable monthly payments. Staffing up for growth is within reach!
Application fee of $250 and closing fees.
Built from agent and DM feedback with better pricing and competitive options—our newly restructured Protégé Line of Credit was built uniquely for recent graduates of the Farmers Insurance Protégé Program who are opening their own agency and need startup capital to bridge the gap until commissions begin.
Application fee of $250 and closing fees.
Get preferential treatment when getting a home loan. Unlike banks, we know the agency business inside and out. Using your Folio and Statement of Operations, we can help you qualify for a larger loan and smaller down payment.
- Maximum Combined Loan-To-Value: 100%
- FICO 620+
- Fixed and adjustable rate options
*APR=Annual Percentage Rate.
The interest rate shown is FIGFCU’s current interest rate, based on credit worthiness. Variable rates are tied to a published index and may change after consummation based on market conditions. Variable rates are based on the Wall Street Journal Prime Rate plus a margin, and may adjust periodically in accordance with loan terms. Other rates, fees, costs, and terms may be available and are subject to change prior to final loan approval. Minimum and maximum credit limits apply based on underwriting guidelines. Lines of credit are subject to periodic review and may be modified, frozen, or closed based on account performance or credit status. During the draw period, monthly payments may be interest-only. The outstanding principal balance will be due in full at maturity (balloon payment).
This loan is subject to fees, costs, and approval. Approved loans will be charged UCC fees. This is not a commitment to lend. There are no prepayment fees.
There is a $500 repricing/loan modification fee for Agency Loans.
Must be fully licensed and appointed as a Reserve Agent under a Reserve Agent Appointment Agreement.
FIGFCU Agent Financing Program: For business purposes only. Not available for commercial real estate, personal, family, or household use. Membership required. APR (Annual Percentage Rate) will be disclosed at the time of approval and prior to consummation. Rates vary based on creditworthiness and product type. For Agents: The following requirements must be maintained for the duration of the loan: (1) Required Payment Method: Loan payments must be made through Folio Deduction. (2) Additional Requirement (choose one): (a)Full Agent Net Check must be directly deposited monthly into a FIGFCU checking account; OR (b) At least $1,000 in monthly direct deposits must be made into a FIGFCU checking account; OR (c) An amount equal to three (3) times the monthly loan payment must be maintained in a FIGFCU savings account and may be restricted from withdrawal. In addition, all Folio, commission, bonus, and other payments owed by Farmers Insurance Group of Companies must be remitted through a Credit Union checking account.
Insurance Agency Acquisition Loans: For business purposes only. Not available for personal, family, or household use. Membership required. Interest rates vary based on creditworthiness and loan structure. All rates, fees, and terms will be disclosed prior to loan closing. For Farmers Agents: The following requirements must be maintained for the duration of the loan: (1) Required Payment Method: Loan payments must be made through Folio Deduction. (2) Additional Requirement (choose one): (a) Full Agent Net Check must be directly deposited monthly into a FIGFCU checking account; OR (b) At least $1,000 in monthly direct deposits must be made into a FIGFCU checking account; OR (c) An amount equal to three (3) times the monthly loan payment must be maintained in a FIGFCU savings account and may be restricted from withdrawal. For all other businesses: The following requirements must be maintained for the duration of the loan: (1) Required Payment Method: Loan payments must be made through ACH automatic payments. (2) Additional Requirement (choose one): (a) At least $1,000 in monthly direct deposits must be made into a FIGFCU checking account; OR (b) An amount equal to three (3) times the monthly loan payment must be maintained in a FIGFCU savings account and may be restricted from withdrawal. The interest rate shown is FIGFCU’s current interest rate, based on credit worthiness. Variable rates are tied to a published index and may change after consummation based on market conditions. Other rates, fees, costs, and terms may be available and are subject to change prior to final loan approval. Minimum and maximum credit limits apply based on underwriting guidelines. Lines of credit are subject to periodic review and may be modified, frozen, or closed based on account performance or credit status. During the draw period, monthly payments may be interest-only. The outstanding principal balance will be due in full at maturity (balloon payment). This loan is subject to fees, costs, and approval. The loan is subject to a non-refundable application fee. A non-refundable application fee is required and will not be refunded regardless of approval outcome. Approved loans will be charged UCC fees and closing costs. The amount of your closing cost will be dependent upon the amount of your loan. An itemized estimate of closing cost will be provided prior to loan closing. Borrower agrees that the application fees must be paid prior to the application being processed. Payment of Loan Application Fees is not a guarantee of credit approval. This is not a commitment to lend. There are no prepayment fees.
Membership eligibility required.