TPP Loan

Grow your agency

A TPP loan is an option we provide exclusively to Allstate agents.
Use your loan to improve your office, manage cash flow, acquire other books of business, and more.

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Rates as low as APR*

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Loan Amount

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Choose Your Loan Term

We want you to succeed

Interested in growing your agency? Want to hire staff, renovate your office or consolidate business debt? You can cover pretty much any business expense with our TPP loans, and we offer great rates and generous terms – but no application fees! We’ve been serving people in the insurance business for over 80 years. We understand the ins and out of your industry, but as a not-for-profit our only goal is to help you succeed.

Borrow up to 75% of available TPP**

Terms up to 180 months***

No application or annual fees

No pre-payment penalties

Hear Back Within One Business Day

1
Apply
2
Review
3
Approval

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My experience with NW Preferred was awesome. It took less than a couple of weeks to fund my loan. They’re so accessible, even helping me after hours on a Friday evening. I value customer care and will continue to do business with them.

— Sherry Harris – Allstate Agent, GA

*APR (Annual Percentage Rate).

**Loans secured by Termination Payment Provision (TPP). Maximum loan amount not to exceed 75% of TPP for borrower with a 680+ credit score. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and all regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit approval. Other terms and conditions apply, fees and other costs may apply; i.e. Allstate processing fee of $1080, etc. Contact the Credit Union for details.

***Quoted rate is for 84 month term, and borrower with a 640+ credit score. Other fixed rate options available, with terms up to 180 months. Rate varies based on loan term and borrower’s qualifications.

Rates

Loans for Allstate Agents

Loan Type

APR*

Term (months)

TPP Loan^1,2

Office Equipment Loan³

Office Improvement Loan

Business Line of Credit^4,5

Leads Loan⁶

Rates effective as of: September 19, 2024

f-fixed, v-variable

Rates and terms may vary based on a borrower’s credit qualifications. All loan rates are determined by Credit Union management and subject to change at any time. The Credit Union may offer other rates in the future. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and all regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit approval.

1 Loans are secured by an agent’s TPP. Other terms and conditions apply, Fees and other costs may apply; i.e. Allstate processing fee of $750, etc. Contact the Credit Union for details.
2 Maximum loan amount is $500,000.
3 Borrow up to $50,000 for new computers, including software and peripherals, new office furniture, other business equipment, etc. Borrower is responsible for any UCC filing fees.
4 The Annual Percentage Rate is variable and subject to change on the first of each month. The quoted rate is established by adding a factor (based on borrower’s credit profile) to the 26-week Treasury Bill rate, rounded up to the nearest ¼%.
5 Maximum loan amount is $50,000.
6 90-day deferment period followed by a 6-month amortization period. The deferral period will only apply to the first installment for loans funded under this program.

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