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FREQUENTLY ASKED QUESTIONS
Why do Insurance Professionals need Oak Street Funding?
Why should I deal with Oak Street Funding?
What if I have bad credit?
Can Oak Street Funding fund an acquisition of an agency or book of business?
Is Oak Street Funding a direct lender?
How long will it take to put financing in place?
What kind of fees will I have to pay to complete a financing?
What if Oak Street Funding is not interested in making a loan to me?
What if I do not like the financing alternatives presented to me?
What are the steps involved in obtaining financing from Oak Street Funding?
What is your interest rate?
What length of terms do you offer?
Will my policyholders receive any notice that I have borrowed against my future commissions?
Can I “renew” or “re-borrow” before my loan is paid off?
What ongoing commitments will I have with Oak Street Funding once I have a loan funded?
How will Oak Street Funding’s purchase of my commissions help my agency grow?
How can I use my funds?
What is the timeline?
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