Funeral Home Loans – Business Loans with Working Capital

Funeral Home Loans – Business Loans

Funeral home loans are a type of business loan.  Funeral home businesses seeking financing typically fall into the general category of small business loans and are underwritten to the general underwriting guidelines of the SBA 7(a) loan, the SBA 504 loan or the USDA B&I loan programs offered by lending institutions qualified to make these types of business loans.

In many cases funeral home loan applications will feel no different than a typical business loan application, however, if the lender is not familiar with the funeral home business there could be complications.  Choosing lenders that are aggressively seeking to offer business loan financing to funeral home operators is one key to successfully closing a funeral home loan.

Funeral Home Loans – Working Capital

Funeral home loans can be made for more than just the purchase of equipment and real estate.  Funeral home loans can also include an often important working capital component.  When applying for a funeral home loan the funeral home business should also take into consideration whether or not additional working capital is needed and make that part of the request.

Many times working capital for funeral home businesses is offered when the funeral home business is purchasing another funeral home location, expanding an existing funeral home or buying key partners within a thriving funeral home business.  Working capital is a great way to help the expansion get a solid footing without draining the cash flow of the business which allows for faster and more stable growth.

Dividend America and our channel funding partners are excited about the prospects for the future of the funeral home industry.  We are aggressively seeking to fund opportunities in this unique and time honored industry.  To learn more about our funeral home loans and working capital financing opportunities contact us today by using our simple and fast Online Easy Application.  We lend in all 50 states!  We look forward to hearing from you soon!  Providing lending solutions, not just Funeral Home Loans!