Skip nav to main content.

Preferred Agency Staffing Loan

Get money to hire staff

For agents looking to staff up their agency, we offer a lower rate and cheaper alternative by leveraging their Contract Value.

Apply Now

Why Choose Us?

With our Preferred Agency Staffing Loan, you can borrow up to $15,000* for each producer you wish to hire to help grow your business and meet your goals. No salary matrix or monthly wage analysis required. Rates are as low as 4.49% APR* and payments are deferred for the first 90 days. Giving you ample time to get your producers actively selling and paying for themselves! Apply today and hear back within two business days, guaranteed!

About Us

Our credit union got its start serving Farmers® agents over 80 years ago. In fact, we were created for Farmers® agents by Farmers® agents. Helping agents grow their business and personal wealth is in our DNA. Discover the “other” Credit Union for Farmers® agents today.

For more information and any additional questions, call our commercial department at 888.855.6905.

  • $15,000 per hire ($45,000 max)
  • 60 month term
  • No payments due for 90 days
  • Offer valid for staff hired within previous 90 days
  • Business debt is not reported on personal credit report

  • Apply Online
  • dotted-arrow
  • Review
  • dotted-arrow
  • Approval
Apply Now

Rates as low as

5.74 % APR*

All Rates

I have never been so happy dealing with a financial institution in my lifetime. NW Preferred and its people were a dream to work with! In less than a week, I had the funds in my account! Thank you so much

Bill, Farmers Agent

*Disclosures

*APR (Annual Percentage Rate). Quoted rate is for borrower with a 680+ credit score. Preferred Agency Staffing Loans are secured by Contract Value. Rate varies based on borrower’s qualifications. Maximum loan amount $15,000.00 per hire / $45,000.00 maximum TOTAL loan amount, not to exceed 80% of available contract value.  Minimum loan amount $500.00. Existing staff who were hired 90 days before loan application may also qualify. Offer letter, to be provided, must include new hire name and hire date. Other terms and conditions apply, see Credit Union for details.