SOURCE: Oak Street Funding

Oak Street Funding

January 18, 2012 08:00 ET

Oak Street Funding Partners With GroupSource to Provide Savings to Insurance Agents and Brokers

INDIANAPOLIS, IN--(Marketwire - Jan 18, 2012) - Oak Street Funding (www.oakstreetfunding.com), the nation's leading commission-based lender for insurance professionals, announced a new partnership with GroupSource that will deliver savings to insurance agents and brokers on business supplies and services. Through group purchasing power, GroupSource delivers price savings of between 15 to 20 percent across various supply and service areas, while making the entire support services process more efficient and providing office staff more time to focus on core business activity.

"GroupSource has a proven track record of successfully reducing costs for thousands of businesses nationwide. Those same benefits can help insurance agents and brokers cut expenses and we're happy to offer them to our clients," says Rick Dennen, CEO and president of Oak Street Funding.

GroupSource helps small to large organizations across the country save money on supplies and services through lower prices, labor realignment, lower carrying costs and payment term discounts. GroupSource also monitors vendor performance and customer acquisition trends, facilitates standardization and combines non-standard requests for volume discounts. The GroupSource program is available free of charge to Oak Street Funding clients.

The process starts with a no-obligation, apples-to-apples cost analysis. Oak Street Funding clients who desire more information can visit www.oakstreetfunding.com/groupsource.

About Oak Street Funding
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. Oak Street Funding can be found on Twitter @OSFunding and on Facebook at www.facebook.com/OSFunding.

About GroupSource
GroupSource, a Lenexa, Kansas-based corporation (www.groupsourceinc.com) began in 1996. GroupSource has expanded to 42 different states and has customers, large and small, from all business industries including healthcare, accounting, legal, construction, higher education, banking, and many others. Utilizing the collective leverage from thousands of businesses to negotiate contracts that offer discounted rates and higher levels of service, GroupSource is dedicated to helping businesses save money.

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