Financial Support to Grow Your Business with ERIE
Erie Insurance offers its agents a number of financial assistance programs. Some are designed to help qualifying scratch agents just staring an agency, while others benefit established agencies looking to grow staff or store fronts. Opportunities include:
- New agent Loan — This program supports eligible scratch agents in their first year. It allows you to concentrate on building your business rather than worrying about cash flow.
- Accelerated Commission — Qualifying scratch agents may be able to increase commissions on eligible lines of business for the first three years of an agency’s existence.
- Production Loan — This loan provides periodic cash advances over 12 months for qualifying agencies seeking to significantly increase production.
- Other Growth Programs — Other forms of financial assistance may be available depending on your situation.