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2013 Should Be a Good Year to Borrow

Agents and brokers will benefit from available credit in 2013...
January 16, 2013

Agents and brokers will benefit from available credit in 2013. That’s the assessment of Rick Dennen, president and CEO of Oak Street Funding, which provides commission-based lending for insurance agents. In a guest article for PIA, Dennen shared a positive capital outlook. He says the July 2012 Senior Loan Officer Opinion Survey on Bank Lending Practices published by the Federal Reserve System, along with other signs in the market, point to a year that should bring good conditions to take on debt in the form of a loan, working capital or refinancing for agencies. You can read Dennen’s article here.

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