start saving money!
By brian barrick
April 27, 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 referral partnership provides new funding options to B.A. Barrick’s agents who need capital to buy, build or sell their agencies.

 

“B.A. Barrick has a broad reach into the specialty insurance market,” says Joe Castaldi, vice president of business development at 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, Penn., 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 Funding understands the insurance business and we’re happy to refer them to agents who are seeking capital.”

 

Through its Strategic Partner Program, Oak Street Funding 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 Funding’s business development and marketing department at 1-866-OAK-FUND or marketing.box@oakstreetfunding.com.

 

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 Funding 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 LinkedIn at http://www.linkedin.com/company/oak-street-funding

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Member Login