Exclusivefocus Spring 2013 - National Association of Professional ...
Exclusivefocus Spring 2013 - National Association of Professional ...
Exclusivefocus Spring 2013 - National Association of Professional ...
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FINANCING FOR<br />
ALLSTATE AGENTS<br />
Use a loan or line <strong>of</strong><br />
credit to:<br />
• Acquire an agency to<br />
increase market share and<br />
build your revenue stream<br />
• Consolidate business<br />
debt accumulated on high<br />
interest rate credit cards<br />
Whether you’re an insurance agent that is planning to retire,<br />
trying to grow your agency or looking for an agency to buy, you<br />
need resources and cash to accomplish your goals. Oak Street<br />
Funding has provided loans to insurance agents and brokers<br />
worth hundreds <strong>of</strong> millions <strong>of</strong> dollars. As a result, we have a<br />
great understanding <strong>of</strong> the insurance marketplace and insurance<br />
agencies and can quickly evaluate and structure agency loans.<br />
Premiums<br />
Policyholders<br />
Allstate<br />
Commission<br />
Pmt Agreement<br />
Cash Collateral<br />
Account (CCA)<br />
• Hire a producer to add top<br />
line revenue<br />
• Purchase leads to expand<br />
into other markets<br />
relation<br />
Customer<br />
ship<br />
Agent<br />
Excess commissions<br />
swept to agent within a few days<br />
OSF loan<br />
payment<br />
• Upgrade technology to<br />
increase efficiency<br />
• Launch a marketing<br />
campaign to grow your<br />
client base<br />
• Redesign your website to<br />
generate more leads<br />
Contact us today at<br />
1-877-879-6771<br />
Our loans are designed so that your agency’s future renewal<br />
commissions support the repayment <strong>of</strong> the loan, with little<br />
out-<strong>of</strong>-pocket cash. If you’re considering buying or selling an<br />
insurance agency book <strong>of</strong> business as part <strong>of</strong> a perpetuation plan,<br />
consider our financing options. In most cases the agency seller’s<br />
commission stream can be used as collateral for a loan.<br />
Oak Street Funding is a direct lender and handles its loan<br />
processing in-house. This means your business loan is never sold<br />
to another finance company or bank.<br />
For more information, contact us or visit us online:<br />
oakstreetfunding.com/DriveNAPAA.<br />
* The materials in these papers are for informational purposes only. They are not <strong>of</strong>fered as and do not<br />
constitute an <strong>of</strong>fer for a loan, pr<strong>of</strong>essional or legal advice or legal opinion and should not be used as a substitute<br />
for obtaining pr<strong>of</strong>essional or legal advice. The use <strong>of</strong> these materials, including sending an email, voice mail or<br />
any other communication to Oak Street, does not create a relationship <strong>of</strong> any kind between you and Oak Street.
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