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Finance Firm Adds Agency Trading Post

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Oak Street Funding L.L.C. is setting up a free, Web-based service for people who want to buy and sell insurance agencies.

Oak Street, Carmel, Ind., a commercial finance company, has posted the agency sale site at Document Link

Oak Street hopes to profit from the site by selling commission-based financing arrangements to agency owners and by helping buyers and sellers finance agency sales, Oak Street says.