Funeral Home Loan
Direct, Bank Backed Financing
Buy, expand, or refinance with specialists in funeral home financing. We work directly with federally insured banks to provide SBA loans, commercial funeral home loans, and refinancing solutions with clear terms, fast approvals, and no broker fees.
Funeral Home Loan Experience
Who We Are
We are experienced loan officers who work directly with federally insured banks. Unlike brokers or intermediaries, our focus is exclusively on funeral home loans and funeral home financing. Our team understands the unique challenges funeral directors face and provides banking expertise specific to the funeral service industry.
What We Do
We review your transaction quickly, determine how much you can qualify for, and clearly explain the down payment and loan terms. With no upfront fees, we make the funeral home loan process simple and efficient so you can save time, lower costs, and concentrate on running your business.
Why This Matters
Working directly with a bank loan officer means no middlemen and no unnecessary fees. You get faster approvals, transparent terms, and expert guidance from professionals who understand both lending and the funeral home business. With Funeral Home Loan, you are not only securing financing, you are gaining a long-term partner for your success.
Learn About the Process
Financing a funeral home does not need to be complicated. From the first prequalification to the final closing, we explain each step clearly so there are no surprises. You will know exactly which documents the bank requires, what information the seller must provide, and how long every stage of the funeral home loan process is expected to take. This approach gives you a clear roadmap, helps you prepare with confidence, and keeps the loan moving forward without unnecessary delays.
Types of Loans
We provide a complete range of funeral home loan options to match different situations. SBA 7(a) loans are government-backed and often the most flexible choice, making them ideal for funeral home acquisitions, expansions, or working capital. These loans typically require a lower down payment and offer longer repayment terms. Conventional loans are another option, using the value of funeral home real estate to secure strong terms and competitive rates, making them a good fit for established owners with collateral. For additional flexibility, seller financing can sometimes be used alongside primary bank lending, giving buyers more options to complete their purchase successfully.
Talk with an Experienced Banker
Every funeral home purchase or refinance is unique, which is why we connect you directly with loan officers who specialize in funeral home financing. Our team takes the time to explain what options are available, how much you may qualify for, and what your down payment will look like before you make any commitment. By speaking directly with an experienced banker, you gain clarity on the process and confidence in your next steps.
Benefits of Funeral Home Loan
Working with Funeral Home Loan ensures that your financing moves forward quickly and without confusion. We simplify the application process, outline a clear and transparent transaction timeline, and work to secure lower fees with stronger terms. Because we maintain direct relationships with federally insured banks, you save both time and money while gaining access to lenders who understand the funeral home industry. By eliminating brokers, we lower costs and speed up approvals, helping funeral directors secure financing without hidden obstacles.
Types of Funeral Home Loan
Commercial Loans
Commercial loans are a strong option for funeral home financing when you can pledge real estate or equipment as collateral. They work well for established owners who want straightforward terms and predictable repayment.
Best for purchasing funeral home property, upgrading facilities, buying equipment, maintaining inventory, or covering working capital.
Available through traditional banks, credit unions, and selected private lenders that offer funeral home financing.
Collateral is required. The loan amount is tied directly to the value of the property or equipment pledged.
Rates are often fixed for five to ten years and can be lower than SBA rates since the loan is fully secured.
Loan terms vary based on borrower creditworthiness, financial history, and the structure of the agreement.
Most commercial funeral home loans require a down payment between 20% and 30% or more, depending on the deal.
There is no government guarantee. The lender assumes all of the risk for the loan.
A penalty usually applies if the loan is paid off early. This is often between 1% and 5% of the balance, and it typically declines over the first five years.
SBA 7(a) Loans
The SBA 7(a) program is the most widely used and flexible option for funeral home financing. It is designed to help with purchases, expansions, refinances, and acquisitions, including goodwill financing.
Covers funeral home real estate, equipment purchases, working capital, debt refinancing, and business acquisitions that include goodwill.
Issued by banks and credit unions but backed by the Small Business Administration with a 75% guarantee.
Collateral is required when available, but approval is not limited to collateral value alone, making this option accessible for many buyers.
Rates are variable and capped by the SBA, usually set at Prime plus one to three percent.
Loans may extend up to 25 years for funeral home real estate and up to 10 years for equipment or non–real estate purposes.
Typically requires 10% to 20%, depending on the lender, the loan structure, and the purpose of financing.
Yes. The SBA reduces lender risk by guaranteeing up to 75% of the loan amount.
A penalty applies if more than 25% of the balance is prepaid within the first three years. The rate starts at 5% in year one, decreases to 3% in year two, and 1% in year three.
SBA 504 Loans
The SBA 504 loan is designed for funeral home buyers focused on real estate or major equipment purchases.
Primarily for funeral home property or equipment financing.
Structure includes 50% private lender, 40% Certified Development Company (CDC), 10% borrower equity.
Purchased property or equipment serves as collateral.
CDC portion has a fixed, below-market rate; private lender portion is market-based.
20–25 years for real estate, 10 years for equipment.
Only 10%, making it attractive for low-equity borrowers.
SBA guarantees the CDC portion (40%).
Declining over 10 years (10% in year one, then reducing each year).
Testimonials from Funeral Industry Professionals
Contact Us
Ready to take the next step in financing your funeral home? Our loan officers are here to answer your questions, guide you through the process, and help you secure the best loan for your business.
