MGA / BROKER
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?
How will Oak Street Funding’s loan help my agency grow?
How can I use my funds?
What is the timeline?
You’ve heard it a thousand times….if you fail to plan, you plan to fail. While cliché, it’s proven and still many businesses and even more individuals fail to plan. Planning is not only about defining a destination but planning in business equals results. Results...
According to the new U.S. Financial Services Deals Insights Q2 2018 report from PwC - the value of mergers and acquisitions in the insurance industry rose steeply for the first half of 2018. They reported 247 announced deals in the insurance sector with a total...
In this age of consolidation and acquisition, many insurance businesses are keeping their options open for a future partnership or sale. If you are a business owner interested in these options, do you know whether your business operations are truly sophisticated...
If you want true growth and a high performing business, you can’t afford to exhale and rely on a boost in rates to meet your goals. If you are awaiting revenue growth before focusing on talent growth, you may find yourself in a case of “chicken or the egg.” Deciding...