Financing ·
Reliance Global Group, Inc. entered into a Sixth Amendment to its Master Credit Agreement with Oak Street Funding LLC…
EZRAReliance Global Group, Inc.
Reliance Global Group, Inc. entered into a Sixth Amendment to its Master Credit Agreement with Oak Street Funding LLC on September 4, 2026. The amendment permits the sale of subsidiary Southwestern Montana Insurance Center (SMI) and allows the company to retain half of the proceeds, totaling $1,207,324.67, while applying that amount to reduce term loan Loan ID 121393. Upon receipt of this payment, Oak Street will release SMI as a borrower and remove its security interests on SMI's assets. The transaction required a $15,000 amendment fee and reaffirmation of guarantees by the Company and key affiliates including Chairman and CEO Ezra Beyman. Reliance Global Group operates in the insurance brokerage and benefits consulting industry.