Funeral and Mortuary Financing Tips
Funeral and mortuary financing turn your funeral home assignments into cash real fast
Since we all die someday it follows that funerals are big business – but it’s also an expensive business. If you are a death care provider you often have to pay funeral costs while you wait for funds from life insurance assignments. Fortunately for you there is such a thing a funeral financing (aka as mortuary financing) and Trinity Funding can help you with that. So if you need to turn your life insurance assignments into cash, you should contact Trinity Funding right away. They offer a factoring service and will fund you the same day provided all the verifications are completed.
An average American funeral is estimated to costs between $7000 and $10000 and many families simply don’t have that kind of cash. This way you as funeral homes end up with many assigned life policies, which is all good and well, except that the insurance company is no big rush to pay you. That is where an insurance factoring company such as Trinity Funding comes into action. Their stated goal and objective is to fund your insurance assignments real fast.
By making use of funeral financing through the factoring your insurance assignments you have available cash and can offer a better service to your customers. Many families have no choice but to rely on life insurance benefits to pay for funeral costs. However it can be several weeks or even months before the insurance company actually pays out. This leaves families and funeral homes with cash flow issues and problems with regards to funeral costs. Insurance assignments and mortuary financing provides a way to bridge this cash flow problem.
Factoring companies assist funeral homes and cemeteries by taking the hassle of debt collection and financing off their shoulders. This form of funeral or mortuary financing improves your cash flow and enables you to provide a better service to the families you serve.
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