SOURCE: Oak Street Funding

Oak Street Funding

August 08, 2011 09:00 ET

Insurance Lender Adds Key Leadership Positions for Growth

Oak Street Funding Expands Sales and Marketing to Meet Increasing Demand

INDIANAPOLIS, IN--(Marketwire - Aug 8, 2011) - To support its growth strategy, Oak Street Funding has expanded its sales and marketing departments. The nation's leading commission-based lender for insurance professionals has added key members to its team to meet the increasing demand for financing. Insurance agents are looking for capital to grow their businesses and Oak Street Funding fills a void that banks typically won't.

Because Oak Street Funding exclusively serves the unique needs of insurance professionals, agents and brokers, the company recruited employees with strong backgrounds in insurance. "In order to provide the right loans and services, we need to have real industry expertise so we targeted professionals that intimately know the insurance business. Their experience will help us connect with and understand our customers," said Oak Street President and CEO Rick Dennen. These employees have worked for top property and casualty, life, disability, health and other insurance companies as producers, agents, marketers and sales professionals.

This step is one of many Oak Street Funding has recently taken to grow the business. Earlier this year, the company enhanced insurance lending products and added new key executives. It recently moved to a larger facility and is planning to celebrate its growth with an Open House on August 19, 2011. Well wishers who are interested in attending should contact Lee Ann Davis at 317-428-5147 or leeann.davis@oakstreetfunding.com.

About Oak Street Funding
The Carmel, Ind.-based Oak Street Funding (www.oakstreetfunding.com) is a family of diversified financial services companies that offers commission-based commercial financing exclusively for insurance professionals and third-party loan servicing for financial institutions. Oak Street utilizes industry knowledge, proprietary technology and passion to deliver top-quality service and capital products to insurance and finance professionals nationwide.

Contact Information

  • Media Contact:
    Lee Ann Davis
    317-428-5147