SOURCE: Oak Street Funding

Oak Street Funding

April 24, 2012 06:30 ET

Oak Street Funding Announces Strategic Partnership With B.A. Barrick & Co.

INDIANAPOLIS, IN--(Marketwire - Apr 24, 2012) - Oak Street Funding (www.oakstreetfunding.com), the nation's leading commission-based lender for insurance professionals, announced today a new strategic partnership with B.A. Barrick & Co., doing business as Nonprofit Insurance Services. The partnership benefits both companies.

B. A. Barrick will be able to offer Oak Street's unique services to its diverse range of agents. "B.A. Barrick has a broad reach into the specialty insurance market," says Joe Castaldi, Vice President of Business Development of Oak Street Funding. "Being able to expose Oak Street's insurance agency resources and funding options to affiliated companies under the B.A. Barrick umbrella will be a win-win situation for both partners."

Based in Hanover, Pennsylvania, B.A. Barrick currently operates three specialty insurance entities:

1. PCALIC - A program administer for PCH Mutual Insurance Co. RRG which is a risk retention group that specializes in providing insurance for assisted living facilities and personal care homes that serve senior citizens.
2. AWOIP - An insurance agency that provides insurance protection for animal rescues, animal shelters, and humane societies across the United States.
3. NonProfit Insurance Services - A retail insurance agency that provides insurance for a wide array of nonprofit and social service organizations.

"We look forward to our partnership with Oak Street Funding," said Brian Barrick, President and CEO of B.A. Barrick. "Many agents aren't sure where to turn when they need funding. We liked the fact that Oak Street understands the insurance business and we're happy to make the introduction."

Through our Strategic Partner Program, Oak Street works with companies to enhance the value of their business network and build greater allegiance with members and colleagues by simply referring agents to a trusted source of operating and growth capital. For more information, contact Oak Street's business development and marketing department at 1-866-OAK-FUND or marketing.box@oakstreetfunding.com.

About Oak Street Funding
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. Find us on Twitter @OSFunding and on LinkedIn http://www.linkedin.com/company/oak-street-funding.

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