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Come by and visit PPCLOAN's Paul Clarke, Steven Kemper, Tabitha Hughes, and Eric LeBlanc at the National Forum meeting in Las Vegas next week (Booth R-1)! We are excited to attend the event and look forward to connecting with you.
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Lender Insight
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 Cash flow is king One of the most significant determinants in securing the highest possible loan amount is the global cash flow of the transaction which considers all of the revenues and expenses from the agency, as well as the income needs of the buying agent. For example, a buyer with $100,000 wage requirement will qualify for less financing than a buyer with a $40,000 wage requirement.
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DEAL HIGHLIGHTS
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An outside buyer in Virginia purchased a $1.28M earned premium agency selling for 2.35 times. PPCLOAN provided financing for 75% of the purchase price, the buyer made an 8% down payment, and the seller held a note for the remaining 17%.
An outside buyer in New York purchased a $2.51M earned premium agency selling for 2.62 times. PPCLOAN provided financing for 85% of the purchase price and the buyer made a 15% cash injection.
An existing agent in Indiana purchased a $2.73M earned premium agency selling for 2.38 times. PPCLOAN provided financing for 100% of the purchase price.
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