We’ll get you there.
Businesses have working capital needs throughout their life cycle, from the development stages to divestiture. When it’s time to take your RIA firm to the next level through organic growth, Oak Street Funding can help.
A capital injection loan may be used to grow your business in any number of ways. For example, you could use the money to launch a new initiative to automate client services. Or you might want to expand your portfolio of investment options which could require additional staff and resources. You may have outgrown your current space and need funds to lease a larger office or building, or maybe it’s time for a build-out to update and improve your existing space.
Financing for RIAs
- Flexible structures (non-SBA loans)
- Terms up to 10 years
- Loans/lines of credit
Uses of Capital
- Mergers and acquisitions
- Successions and owner buyouts
- Business debt consolidation
You may not remember the 1992 movie “Glengarry Glen Ross,” but you’ve probably heard Alec Baldwin character’s admonishment to his sales team: “always be closing!” For today’s mid-sized and larger RIA firms, a better piece of advice is “always be acquiring!” It makes...read more
An RIA ready to pursue a growth strategy will probably need some degree of outside funding. And since most RIA firms view themselves as small businesses, they may assume the best source is a Small Business Administration (SBA) loan obtained with the help of a local...read more
There’s a funny thing about high school and college reunions: when we arrive, we’re shocked at how old everyone looks. We can pretend we’re not aging, but we can’t escape the fact that we’re growing a little older every day. Retirement may not be in our immediate...read more
RIA Firm Events
- Echelon Partners/DDM Summit
September 19-20 in Newport Beach
- NAPFA Fall Conference
October 18-21 in Orlando
- The MarketCounsel Summit
To learn more about financing options for your business, please contact one of our knowledgable experts. We can answer any questions you may have, and suggest the best route for moving forward.
Email us below to begin the conversation.
Craig Rumler, COO, Bloomfield Hills Financial
“For our first funding, we gave Oak Street a difficult deadline to close in three weeks and their team did a super job of identifying what we needed to provide to get the deal done – most lenders would not be able to do this, but Oak Street made it happen. The process was easy, and the team was very flexible and responsive. We have already completed a second funding and plan to continue to work with Oak Street on future financing projects.”