Frequently Asked Questions

PPCLOAN offers Allstate Agency acquisition loans to approved Alstate Insurance buyers on a nationwide basis. We also provide capital to existing agents to refinance existing agency debt.

PPCLOAN provides financing nationwide.

Unlike traditional lenders, PPCLOAN specializes in cash flow lending. We understand that the most valuable aspect of your business is the cash flow that it generates not the physical plant and property. Our knowledge of your specific industry allows us to intelligently discuss your transaction with you and structure a loan that best meets your individual financing needs.

Traditional lenders typically don’t understand cash flow lending and will therefore have difficulty securing an approval for your loan. Traditional lenders are also likely to require additional collateral to secure your loan such as your personal residence while PPCLOAN will only require your business as collateral.

Simply stated, PPCLOAN’s experience and expertise as a cash flow lender specializing in lending to professionals in your industry will ensure a smooth loan process from start to finish and provide you with a valuable asset to utilize throughout your professional career.

Please call us at 800.456.2779 to discuss your financing needs and start the application process. You can find a copy of the loan application on this Web site in the Allstate section.

The loan process consists of three stages – underwriting, loan acceptance, and closing.

• Underwriting involves submitting the loan application and necessary financial information needed to secure loan approval. During the underwriting stage PPCLOAN will analyze the cash flow of your transaction and discuss your transition plans with you to structure a loan that best meets your needs.
• The underwriting stage is complete once your loan request has been approved, at which time you move into the loan acceptance stage. During this stage you will receive a commitment letter displaying the terms of your financing offer and will be asked to sign this letter to indicate your desire to move into the final stage of the loan process – closing.
• Closing involves providing PPCLOAN with the necessary closing documents such as the purchase agreement and lease and securing the required insurances.

The loan process typically takes one month from start to finish. It is imperative that you start as early as possible to ensure that we are able to complete the process by your target closing date.

No! PPCLOAN believes that you should not have to pay a fee for pursuing loan approval. This allows you to utilize PPCLOAN’s knowledge and experience of your industry during the underwriting process at no cost.