Allstate Management Monthly
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Volume IV, Issue I
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Greetings!
Welcome to the May edition of Allstate Management Monthly where we explore processing protocols, refinancing options for agents, highlights from deals that closed this month, and a customer testimonial. As always, please address questions to Eric at [email protected], or call him at 800-456-2779. |
 | Banker
Insight
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 | Why
Refinance?
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 | Deal
Highlights
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 | Customer
Testimonial |
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 | | Resources |
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 | | Archives |
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 Banker Insight- The Sooner the Better Due to the training process and limited amount of time new agents have in the months immediately leading up to their purchase, it is important for them to apply for financing as soon as possible. Not only will this knock out an important step of the purchase process, it also helps new agents in negotiations as they are able to provide evidence of formal loan approval. Also, avoiding a time-constrained approval and negotiation allows the agent to make thoughtful, rather than rushed decisions which may have negative long-term effects.
Our Allstate Specialists are available at 800-456-2779 to explain our lending program to new agent candidates and speak with them regarding financing structures that would best fit their specific opportunity.
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Refinance to Invest in Agency
Allstate agents around the country have improved their monthly cash flow from $500 to $3,000 by refinancing with PPCLOAN. The improved cash flow allows agents to invest more in their business. Have your agents call 800-456-2779 for a free quote in minutes!
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May Deal Highlights
An outside buyer in Tennessee was provided with 94% financing to purchase an Allstate agency selling for 2.24 times Allstate annual commissions. The balance was met by a cash injection from the buyer.
An outside buyer in Florida was provided with 73% financing to purchase an Allstate agency selling for 2.3 Allstate annual commissions. The balance was met by a cash injection from the buyer.
An existing agent in New Mexico obtained a loan to refinance 100% of his outstanding debt, resulting in savings of over $2,300 per month.
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Customer Testimonial
"I am extremely grateful for the team of professionals at PPCLOAN. From the very first meeting through the final closing, I felt confident in their ability to make it happen and coach me through all steps of the process. Their thoroughness and professionalism provided me with the peace of minda nd the freedom to focus on other areas of the busines acquisition process. I highly recommend PPCLOAN to anyone seeking a business loan and I sincerely hope to do business with them again in the future."
Todd Ray
Tomball, TX
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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 1st Quarter 2013 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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