Oak Street Funding LLC · Carmel, IN United States
Company Description
Phone: 866-625-3863
Fax: 317-428-3801
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This link will open in a new window Insurance professionals looking to bypass the bank for a loan can go to Oak Street. The company offers financing to independent insurance agencies and agents who use their future commissions on policy renewals as collateral. Oak Street Funding (OSF) loans can be used to repay debt, purchase new equipment, fund staff additions, or other business improvements. The niche lender has loaned some $160 million to insurance professionals since its inception in 2003. Chicago-based Bridge Finance Group bought the company in 2007. The deal allowed OSF to expand its lending services and diversify into different markets within the insurance industry. To read the full description, subscribe now.
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Key Oak Street Funding LLC Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Employees | 40 |
Oak Street Funding LLC Executives
7 executives listed for Oak Street Funding LLC's Carmel, IN location.
| Title | Name & Bio | Contact |
| President and CEO | Richard Dennen | Network |
| Controller | Kory Dickerson | Network |
| Director Information Systems | David Christman | Network |
Competition
Competitive Landscape for Oak Street Funding LLC
Demand is driven by consumer spending. The profitability of individual companies depends on efficient operations, as services are sold largely based on cost. Large companies have big economies of scale in processing and can provide more services; small companies can compete by specializing in industries and providing custom services. The business is highly automated and capital-intensive: average annual revenue per employee is about $225,000. To read the full description, subscribe now.Top Oak Street Funding LLC Competitors
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