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Funeral Home Receivable Factoring...

and it's Benefits


Most funerals are paid for upon arrangement or shortly thereafter.                          

Receivables arise when funeral expenses are paid upon
settlement of the estate or waiting for third party sources, such as life insurance policies and Federal death benefits. 

 a checkbook

Accounts receivable financing, or Factoring, is the purchase of accounts receivable invoices and contracts at a discount. Apply Now and convert your Funeral Home Receivables to cash.       

  Factoring stimulates cash flow so you can fund expansion and growth.
  Factoring relies on the strength of a business's customers. 
  Factoring is accessible regardless of your credit history.
  Factoring gets quick results. Cash in 24 hours after initial approval. 
  Factoring is flexible. Factor some or all accounts.
  Factoring can funds payroll or other operating expenses.
  Factoring can purchase inventory to take advantage of bulk/early payment discounts.
  Factoring can enable you to respond to seasonal demands and opportunities

In many situations, factoring is more appropriate than bank financing, because factoring:

  Is based only on the accounts receivable. A client’s ability to raise cash by factoring is based on the total accounts receivable, rather than on traditional measures of financial strength and stability.

  Provides continuing cash flow without the requirement of periodic payments or interim payoffs. New sales continuously create new power to obtain cash, and the business does not have to deal with renewal of loans or worry about maturity dates.

 Gives a business increased access to cash as sales and receivables increase. There is no ceiling beyond which the factor must stop providing cash. Apply Now and see what Funeral Home Receivable factoring can do for you.

The more sales a business makes, the more cash it can draw. The factor does not concentrate on the business debt/equity ratio to provide funds, as banks do.

  Offers a dependable, continuing source of cash without the necessity of making separate loan applications.

  Avoids the necessity of obtaining funds from venture capitalists, who receive an interest in the business and generally have a say in how the business is run.

  Saves the business owner precious time waiting for a loan board to grant or deny his or her loan. Loan boards’ decisions are influenced by many considerations, and the outcome is often unpredictable.

With factoring, periodic delays and negotiations are eliminated, allowing the business owner time to do what he or she does best – run the business

                                                Apply Now

 

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