Allstate Management Monthly
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Vol 1, Issue V
In This Issue
Resources
AAVI Sneak Peak
Q&A For Allstate Management
Allstate Lending Program
Contact Us
Join Our Mailing List!
Dan Lorber
Palo Alto, CA

"I would recommend PPCLOAN to anyone. It has been a pleasure working with the staff at PPCLOAN. They know and understand our business and were very responsive to my needs. In today's environment, it's all about building good working relationships and PPCLOAN does an excellent job. Everything went flawlessly with the service and conditions as promised."



Greetings!
The first half of 2010 saw an increased number of outside buyers purchasing Allstate agencies as Allstate moved to replace under-performing agents.  This resulted in a demand for financing which PPCLOAN has been able to meet.  Year-to-date, PPCLOAN has funded roughly 70 Allstate transactions.  Lending to outside buyers has accounted for roughly 60% of the total, with only 1 in every 3 being required to put cash down, thus leaving them with much needed capital to begin their new venture. 

Over the years, PPCLOAN has been able to adapt to changes in Allstate and provide financing solutions that help create successful agents.  We hope you continue to utilize our resources to your agents' advantage.

Resources
Allstate Agency Value Index  UPDATE
The 2nd Quarter 2010 will be available tomorrow! Register now to receive your copy of the latest report.

AllstateForSale.com
Register for New Listing Alerts to receive instant notification of new agencies for sale in your area.

The Driving Factors of Allstate Agency Value  NEW
"It is always important for agency owners, especially those nearing the eventual sale of their agencies, to take care in keeping the performance of their agency at top level."

AAVI Sneak Peak!  Agency Values Stabilize
The 2nd Quarter Allstate Agency Value Index confirms what the 1st Quarter hinted- Allstate agency values have in fact stabilized.  This stabilization, resulting from the static demand and necessity of the underlying product, should elicit at least two responses in the Allstate marketplace.  First, existing Allstate owners can take pride in their Agency, as the value of what they have labored to build  has stabilized at a level significantly higher than most small businesses.  Second, qualified buyers can purchase an Allstate agency fairly confident that there will be no large swings in the value of the agency.  An additional consideration is the fact that we may be at a price floor, thus making it an ideal time to purchase an agency.

Allstate Financing Q&A for Allstate Management- Click HERE to send your question
At PPCLOAN our goal is to be the solution to all of your Allstate financing needs.  To this end, we are creating the "Allstate Financing Q&A."  This resource will allow Allstate Management to easily submit questions and receive answers in a timely manner.  Each answered question will benefit the whole Management force, as PPCLOAN will include the collected questions and answers in the following months newsletter.  Please send all questions to [email protected].

Allstate Lending Program
We understand your business! At PPCLOAN, financial service experts are committed to finding customized financing options to meet your individual needs, all while offering the most attractive loan terms available in the industry.  Our financing program features:
  • Loans for outside buyers and existing agents
  • No down payment requirements
  • 7, 10, and 15 year fixed-rate loans
  • Ability to prepay without penalty
  • Rates as low as 8%
  • No application fee
Contact Us
Our Allstate Team is always available to assist your agents with their financing needs.

Eric LeBlanc

Allstate Relationship Manager

[email protected]

Steven Kemper

Director of Financial Services

Allstate Specialist

[email protected]

Dustin Mangone

Allstate Relationship Manager

[email protected]

 


You can also reach us at 800-456-2779 or learn more
about the PPCLOAN team at www.ppcloan.com