Working Capital for Funeral Homes
Funeral homes must be ready around the clock with facilities, vehicles, and inventory in place before a family ever walks through the door, and payment often comes only after services are complete. Paz Funding Source funds funeral home operators for facility upkeep, vehicles, and working capital between service payments.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so funeral homes never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Facilities, preparation rooms, and vehicles must be maintained and ready at all times, regardless of how many services are booked in a given week.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Payment for services often arrives after the funeral is complete, sometimes delayed further by insurance or estate processing.
One approval, draw what you need, and return for additional funding as your funeral homes business performs. Caskets, urns, and other inventory need to be kept in stock ahead of need, tying up cash before a family selects and pays for them.
Maintain or upgrade preparation rooms, chapels, and funeral vehicles.
Stock caskets, urns, and merchandise ahead of family selections.
Cover payroll and overhead while waiting on insurance or estate payments.
Yes. Working capital can cover payroll and overhead while you wait on delayed payments from insurance carriers or estates.
Yes. Funding can go toward maintaining or replacing hearses, limousines, and other funeral vehicles.
Approval can happen in as little as 24 hours, which helps cover urgent facility or vehicle needs without delay.
Paz funds funeral homes from $2,500 to $5,000,000. Most funeral homes qualify for $25,000 - $300,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Funeral Homes funding, approved in as little as 24 hours