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In This Issue
Resources
Help Us Help You
Bring on the Outside Buyers
November Deal Highlights
Allstate Lending Program
Contact Us

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Brian Shea
Rancho Mirage, CA

"I was an outside buyer of multiple Allstate Agencies. I actively sought financing from 3 sources. PPCLOAN repeatedly excelled at earning my business with fast, responsive, and accurate service. Most importantly, I felt like I had a mentor in my corner advising me on the process."

Volume I, Issue VII
Greetings!

Welcome to the November edition of Allstate Management Monthly.  As a boutique lender specializing in Allstate Agency financing, PPCLOAN serves as a valuable resource for Allstate Managers by assisting them in accomplishing their goals.  Month after month PPCLOAN provides funding to outside buyers and existing agents to purchase Allstate Agencies, thus facilitating Allstate's initiative to build a stronger sales force and ensure the future viability of the company.


Resources
Allstate Agency Value Index
Allstate Agency Values based on regional and size specific data.

AllstateForSale.com
Over 130 listings and growing!  Buyer's take advantage of this free site!

Allstate Financing Q&A
Ask your questions here and receive a response within 24 hours!
Help Us Help You

PPCLOAN aims to help Allstate Managers and Recruiters in fulfilling their responsibility of attracting strong agents and placing them in the right agencies.  Our Allstate Specialists are available to speak at seminars, conventions, webinars, etc., to answer questions regarding agency financing, as well as assess the financial strength of your new recruits. Please call 800-456-2779 or email [email protected] to schedule an event.


Bring on the Outside Buyers

Over the last year, 2/3 of our Allstate loans have been to outside buyers.  Behind our strong track record lie quality loan candidates who have been hand-selected by Allstate Managers. This has resulted in the availability of funds to outside buyers looking to step into Allstate Agency ownership for the first time.  Please direct new candidates to call 800-456-2779 for an opportunity to obtain solid financing and expert consultation on their new venture. 

November Deal Highlights
Outside Buyer in TX -purchased a $1.65EP Allstate Agency (87%RET and 56%LR) for 2.07X.  Financing for the agency was composed of a $335,000 bank loan from PPCLOAN and $21,700 cash down payment from the buyer.

Outside Buyer in NY
- purchased and merged a $1.7EP Allstate Agency (86%RET and 57%LR) for 2.35X and a $0.45EP agency (81%RET and 82%LR) for 1.65X.  PPCLOAN provided a $470,000 loan, with the balance being met by a $15,000 cash down payment from the borrower.  


Outside Buyer in NC - purchased a $2.6EP Allstate Agency (91%RET and 43%LR) for 2.6X.  PPCLOAN provided a loan for $600,000 with the balance being met by the borrower making a $100,000 down payment and the seller holding a $50,000 note.

Allstate Lending Program
  • No application fee
  • Loans for outside buyers and existing agents
  • No down payment requirements
  • 7, 10, and 12 year fixed-rate loans
  • Ability to prepay without penalty
  • Rates as low as 8%
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]


Jared Moore

Allstate Relationship Manager
[email protected]

 
Dustin Mangone

Allstate Relationship Manager
[email protected]


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9303 New Trails Drive, Suite 375 ~ The Woodlands, TX 77381
Toll-free: 800.456.2779 | Phone: 281.419.0400 | Fax: 281.419.8309 | Email: [email protected]