We offer Allstate TPP (Termination Payment Provision) loans of up to 100% of the TPP value of your Allstate Agency.
Our company provides Captive Allstate Agents with the working capital they need to grow their agency. We offer loans of up to 100% of your current Allstate TPP (Termination Payment Provision) value. These loans typically range from $30,000 to $500,000 and provide a simple and affordable solution for meeting your working capital needs, compared to high interest credit cards.
Our Allstate TPP loans have no minimum credit score requirement, no out-of-pocket expense, and no hidden fees. They can be used to pay off high interest credit cards, outstanding taxes, and existing agency debt, as well as to help with payroll and hire and train additional staff.
An Allstate TPP loan is a great option for Allstate agents looking for a high-quality insurance agency loan that gets approved regardless of their credit score or financial history.
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LOOKING FOR AN ALLSTATE TPP LOAN QUOTE?
Your guys really are the BEST in the business and I'm sooo glad I finally refinanced my old agency loan. Better rate, better term and better cash flow! Thank You!C.S. Lewis
THE ALLSTATE TPP LOAN PROCESS
Many Allstate agency owners use their agency's Economic Interest or Termination Payment as collateral to secure a loan. Our loan application process is quick and efficient. In most cases, all we require is a completed credit application, an Allstate Termination Summary Report, and an Allstate Commission Summary Report to submit your loan for approval. The entire process can usually be completed within a few days, so you can start using your working capital right away.
Allstate Lending Connection
Granting of Security Interest
The Allstate Lending Connection resource grants the lender a security interest in the economic interest you have in an Allstate book of business. If you terminate your relationship with Allstate, this assignment helps to ensure that the lender's interest is protected. This is the only method of assigning a security interest that is permitted by Allstate. The Allstate Lending Connection resource will maintain information about the security interest until it is released by the lender.
Assignment of Commission
This assignment pays the lender directly each month from your agency's commissions, making loan payments easier for you while assuring the lender a steady stream of payments. A nominal fee is required to cover administrative costs for this service.