INDIANAPOLIS—July 21, 2022— Oak Street Funding, a First Financial Bank company specializing in loan products and services to insurance agents, CPA firms, and financial advisors, announces a new partnership with Strategic Insurance Agency Alliance (SIAA). Established in 1995, SIAA is the nation’s largest independent insurance agency alliance providing insurance network and consulting services to members nationwide.
“Like Oak Street Funding, SIAA has a long history of exceptional service to the insurance industry, and we are looking forward to the mutual opportunities this partnership will offer,” said Rick Dennen, founder and CEO of Oak Street Funding. “This partnership will provide members access to the capital they need to meet their short- and long-term growth goals.”
The partnership makes Oak Street Funding a preferred capital provider for SIAA members offering agencies with funding for acquisition, succession, working capital, and recapitalization.
“SIAA partners with companies who provide best in class service and top-notch products to our member agencies,” said Sean Kenny, vice president of corporate development for SIAA. “Oak Street’s reputation in the niche insurance agency space, along with their innovative financial products specific to non-SBA loans, will provide SIAA members with a financing solution to their perpetuation plans and inorganic growth aspirations during this challenging time of tightening financial conditions.”
About Oak Street Funding
Indianapolis-based Oak Street Funding, a First Financial Bank company, provides customized financial solutions for businesses in various industry sectors and third-party loan servicing for financial institutions. Oak Street Funding incorporates industry knowledge, easy-to-use technology and exceptional employees to deliver top-quality service and capital products to niche businesses nationwide. With in-house sales, underwriting, and servicing teams, and direct access to the CEO and executive team, Oak Street Funding is well-positioned to meet lending needs of borrowers in all stages of the business life cycle.
SIAA (Strategic Insurance Agency Alliance) is a national alliance of independent insurance agency members generating hundreds of millions in new premium business annually. SIAA is dedicated to the creation, retention, growth, and evolution of the independent insurance agency distribution system. To learn more about SIAA, visit siaa.com.
Hostetler Public Relations
Representing Oak Street Funding