Oak Street Funding Lends to Demotech Rated Carriers
Columbus, Ohio, January 10, 2012: Demotech, Inc. and Oak Street Funding are pleased to announce the continuation of the program first introduced in 2008. Agents representing carriers with a Financial Stability Rating® of A or higher from Demotech remain able to incorporate their commission stream into the consideration for loan approval with Oak Street Funding. This continued commitment will provide agents the financial possibility to borrow money for acquisitions, organic growth, invest in technology, working capital, pay off business debt and much more.
About Oak Street Funding
The Carmel, Indiana-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.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech has been serving the insurance industry by providing accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies and Title underwriters. FSRs are a leading indicator of the financial stability of a company. Our rating process provides an objective baseline and insight into the future solvency of a company.
As an independent financial analysis firm, Demotech has a proven track record of predicting financial stability in the insurance industry and has been leveling the playing field by offering FSRs to insurers of all sizes. Our ability to identify financially stable insurers has been demonstrated through comparisons to other rating services as well as through independent studies. Visit www.demotech.com for more information.
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