Allstate Management Monthly
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Volume III, Issue VIII
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Greetings!
Happy New Year! We here at PPCLOAN are excited about 2013 and are ready to start lending for the year. In this month's edition we have included more details on our lending program as well as information on the benefits of refinancing. We also discuss whether our lending program will change in the wake of variable compensation, and include a five agent sample of deals that funded this month. You'll also want to make sure to check out the Allstate Agency Value Index for the 4th Quarter which was released last week (login required)! |
 | Lending Program
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 | Refinance
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 | Changes to our Program?
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 | Deal
Highlights
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 | Resources
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 | Archives
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  Allstate Lending Program
Since 2000, we have worked with over 1,000 Allstate agents, providing them with over a half million in financing. Allstate agents are able to leverage our expertise in Allstate agency financing throughout the underwriting process and beyond.
Qualifying candidates have a credit score of 650+, have relevant experience, and a responsible financial history.
We offer 7 and 10 year fixed-rate loans, competitive rates and terms, as well as the ability to prepay without penalty. There are no down payment requirements and loans are based on the cash flow of an agency rather than the TPP which allows us the ability to provide 100% financing, plus working capital.
For a printable one-page handout on our lending program, please click here. |
It's a great time to refinance! Now is the perfect time for your agents to secure low, fixed interest rates that can be extended as long as 12 years. Allstate agents around the country are realizing monthly savings from $500 to $3,000 by refinancing with PPCLOAN, resulting in excess cash flow to reinvest in their agency. If your agents are interested, they can email [email protected] or call 800-456-2779 to receive a free estimate on their monthly savings within minutes.
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Will there be changes to our lending program?
We are happy to answer "No!" The fact that the compensation structure is changing will not affect our lending program given our overall confidence in the Allstate agency ownership opportunity, the historic performance of PPCLOAN's Allstate portfolio, and our own independent analysis of how variable compensation will affect the agency force. We are optimistic about where Allstate is headed and are happy to continue to provide quality financing to Allstate agents around the country.
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Resources
Include a PPCLOAN Allstate Specialist at your next recruiting event! Contact Eric at 800-456-2779.
Allstate Agency Value Index- The 4th Quarter 2012 Allstate Agency Value Index has been released. If you would like to receive our quarterly emails, please be sure to register here.
AllstateForSale.com- Direct your agents to this free online listing of agencies if they are looking to buy, or just get an idea of what agencies in their area are selling for.
Knowledge Center- Our highly interactive Knowledge Center provides presentations, informative articles, agency value index and financial tools.
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