What We Offer
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Loans for outside buyers and existing agents
- 7, 10 and 15 year fixed-rate loans
- Rates as low as 8%
- Ability to make additional payments towards principal without penalty
100% Financing Available
- Loans up to 2.5x combined agency renewal commission
- Loans based on cash-flow of the agency rather than TPP
Free Consultation
- We are able to assist clients in their purchase by leveraging our expertise gained from 10 years of financing Allstate agencies
- Experience staff is a phone call away throughout the acquisition process and beyond to offer insights and guidance
- We are careful to make sure the right buyer gets into the right situation and is able to succeed
- We focus solely on Allstate Agency financing.
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Factors that Adversely Impact Loan Approval |
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Revenue from agency does not cover costs
- Lack of insurance sales experience
- Credit score of less than 650
- Low net worth
- Excessive credit card debt
- Exorbitant living needs
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March Deal Highlights
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Existing agent in New Mexico with a debt-free, $1.6M earned premium agency purchased a $4.9M earned premium agency for $1.5M. PPCLOAN was able to provide financing for the full purchase price due to the added collateral provided by the Borrower's debt-free agency.
Outside buyer in Texas purchased a $3M agency for $750K. PPCLOAN provided $600K toward the purchase price with the Seller carrying a note for 100K and the Borrower making a cash down payment of $50K.
Outside buyer in Ohio purchased a $1.8M earned premium agency for $425K. PPCLOAN provided $375K toward the purchase price, with the Seller taking back a $25K note and the Borrower making a $25K down payment.
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Contact Us
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Dustin Mangone Eric LeBlanc Steven Kemper
dustin@ppcloan.com eric@ppcloan.com steven@ppcloan.com
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