Funeral Home Funding: Money to Grow
Funeral Funding For Morticians & Money to Grow
From government-backed loans to crowd-funding, today’s funeral homes have more financing options than ever before. A director/mortician owner can find capital infusions from factoring your life insurance assignments or innovative new funding sources. Did you know that families spend 30% more on burial services when utilizing insurance assignment proceeds?
As a funeral home, you should always stay aware of potential outlets in an uncertain lending climate. If you’re interested in your options “beyond a bank,” consider these alternative financing platforms:
- Converting your insurance assignments receivable into cash by using a funeral funding company
- Microloans through government or nonprofit microfinance organizations
- Encouraging the use of life insurance assignment proceeds to pay for funeral services which boosts service revenue by 30%
Some finance companies offer incentives to businesses in the form of commercial funding programs. A funeral home who has a trusted partnership with a high quality, family owned funeral funding company like Trinity Funeral Funding of NJ (201)-750-1117, www.TFF123.com or a larger nationally known assignment funding company has:
- Quick and accurate processing of life insurance assignments
- Immediate, advanced payments on life insurance assignments
- Very low fees and discounts for military families
- Boost revenue by 30% when families utilize life insurance assignment proceeds for services
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