# Oak Street Funding

A lender for professional-services buyouts.

A nationwide specialty lender (operating since 2003, bank-owned) that finances acquisitions of insurance agencies, RIA firms, and CPA practices with conventional loans secured by the recurring revenue of the book itself rather than hard collateral, including acquisition, succession, and partner-buyout structures.

- Category: SBA & Acquisition Lenders
- Pricing model: Custom Pricing
- Where it fits: Set Up & Fund the Search, Diligence & Close the Deal
- Website: https://www.oakstreetfunding.com

## At a Glance

If you are buying an agency, RIA, or accounting practice, get its quote next to an SBA [term sheet](https://searchspheresource.com/glossary/term-sheet); the comparison costs nothing and the specialty underwriting sometimes wins.

- Track Record: A bank-owned specialty lender operating since 2003.
- Type: Bank (lends directly)
- Footprint: Nationwide.
- Deal Size: $500k and up, past the single-loan 7(a) cap.
  - Lends conventionally on this product, so no 7(a) cap applies.
  - No minimum printed. What the acquisition page prints instead is a ceiling, a thirty million dollar lending limit per borrower above which a participating bank partner is required, and terms up to ten years. The edge still refuses every fetch; the pages answer a rendered reader.
- Searcher Practice: A general SBA lending desk, handled remotely.
  - A front page and an acquisition-loan page written for insurance and financial-services agency owners buying books of business, with that trade named throughout. The buyer it pictures already runs an agency.
- Practice Lending: A practice lending program that names buying a practice.
  - Its front page lends to CPA practices, insurance agencies and investment advisory firms through an acquisition loan and a succession and partner buy-in loan, and names buy here pay here dealerships as a fourth industry. It calls itself a non-SBA specialty lender and says it cannot serve other professions.
- Published Terms: Conventional loans secured by the recurring revenue of the book itself.

## What It Costs

Loan products; no fee to engage. Rates are quoted per deal and not published. Read again in September 2026, its insurance acquisition page prints terms up to ten years and a thirty million dollar lending limit per borrower, above which a participating bank partner is required. Third-party guidance describes down payments around 5% to 20% with seller financing commonly required in the structure (agencybrokerage.com, July 2026); confirm current terms directly.

## Best For

Insurance-agency, RIA, and accounting-practice buyers who want a conventional alternative to SBA debt from a lender that underwrites recurring commissions as the collateral

## Pros and Cons

- Pro: Two decades specialized in exactly the [recurring-revenue](https://searchspheresource.com/glossary/mrr) practices [searchers](https://searchspheresource.com/glossary/searcher) target in these verticals
- Pro: Conventional structure can avoid some SBA constraints and paperwork, and terms reportedly improve across repeat acquisitions
- Pro: Underwrites the book's renewals rather than demanding hard collateral
- Con: No published rates, and terms up to ten years is the one term on the page, so comparison shopping requires quotes
- Con: Vertical-specific: outside insurance, RIA, CPA, and a few niches, it is not the lender
- Con: Conventional pricing can run above SBA on comparable deals; make both paths quote

## What Searchers Say

A long-standing fixture in insurance-distribution finance, regularly recommended in agency-acquisition guides as the specialty alternative to SBA lending. Community sentiment is matter-of-fact rather than enthusiastic: a professional lender with a niche it knows deeply.

## Sources

- https://www.oakstreetfunding.com/insurance-acquisition-financing
- https://www.agencybrokerage.com/resources/blog/insurance-agency-financing/

Also on this site: https://searchspheresource.com/resources/category/lender.md
Source: https://searchspheresource.com/resources/oak-street-funding
Last checked: 2026-10-03

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