|
|
|
September marks the end of the third quarter for 2016, which means that there is a new Allstate Agency Value Index release coming up. Look for it in your inbox in mid-October. Also releasing next month, there will be a new editorial by one of our Financial Analysts, Aaron Racino who is writing about "the good, the bad, and the ugly" of seller financing. The editorial will outline many benefits of seller notes, and will also explain some potential negative aspects of this particular type of financial transaction.
|
|
The Good, the Bad, and the Ugly
|
|
|
As a seller, financing the sale of an agency is attractive for a variety of different reasons, but the primary reason being that the seller acts as the bank. This means that the seller has the ability to name the terms of the loan, the purchase price for the agency, and choose any qualified buyer.
|
|
Quote of the Month
|
|
"The secret of getting ahead is getting started."
-Unknown
Sometimes the hardest thing to do when you have a plan to achieve a goal, is to actually transition from it being an aspiration to a reality. This quote by an unknown author expresses the simple fact that getting started can often times be the biggest hurdle. However, once you've started, your success can be endless.
|
|
Facebook and LinkedIn
|
|
Be sure to check out our
Facebook and
LinkedIn pages where you will find information about PPCLOAN, meet our team, and learn about our lending programs.
|
|
Recent Deal Highlight
|
|
Outside buyer in OK
purchased two agencies being merged that had a combined Allstate premium of $4.6M. PPCLOAN's financing covered 100% of the purchase price.
|
|
|
Customer Testimonial
|
|
|
Derrin Leigh- Pierson, MI
"What a refreshing experience! Finally a lender who definitely understands how to assess financials accurately to determine real profitability. We were truly impressed!"
Read more testimonials
here.
|
|
|
