If you’re a Farmers® agent looking to purchase another Farmers® agency,
we have a program for you.
Borrow up to 80%* of your available Contract Value (including bonus) + up to 80%* of the available Contract Value of the book you wish to purchase
Terms up to 180 months**
Borrow up to an additional $75,000 maximum as a separate acquisition loan
Hear back within one business day
Fast and easy application
No prepayment penalties
Business debt not reported on personal credit
-
1
Apply
-
2
Review
-
3
Approval
When I first started the acquisition process, I didn’t know where to look… NW Preferred truly understood the acquisition process, and they were able to work with me in a timely fashion. They were extremely flexible, and willing to get creative in looking for ways to approve the loan. I would recommend them to any agent looking to acquire an agency.
-
*Maximum loan amount not to exceed 80% of the available contract value for borrower with a 680+ credit score. Rates and terms may vary based on a borrower’s credit qualifications. All loan rates are determined by Credit Union management and subject to change at any time. The Credit Union may offer other rates in the future. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and all regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit approval.
**For a $100,000 Contract Value loan with a term of 180 months at 9.24% APR the monthly payment will be $1029.
Test Modal
Modal Content
Ea rerum vel molestiae omnis molestias. Et ut officiis aliquam earum et cum deleniti. Rerum temporibus ex cumque doloribus voluptatem alias.
Column Title | Column Title | Column Title |
---|---|---|
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Cell Value |
Rates effective as of: September 19, 2024
{Optional: Insert table disclosure information}
Open Account
Leaving Our Website
You are leaving our website and linking to an alternative website not operated by us. We do not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.
Log in to Online Banking
Online Banking
Molestias reiciendis omnis illum illo. Hic commodi ab ducimus magni labore sunt fugit. Fugiat corrupti ea deserunt in omnis. Test