How to Read a Funeral Home Financial Statement Before You Buy
What a funeral home reports to the IRS and what it actually earns are two different numbers. The gap between
What a funeral home reports to the IRS and what it actually earns are two different numbers. The gap between
Funeral home call volume is the first operating number lenders test, because every dollar of cash flow starts with a
You can have great credit. Solid equity. A well-run funeral home. And still get declined because the numbers do not
Most funeral home acquisitions financed through lenders fall between $500,000 and $3 million. The loan amount is set by what
Financing a funeral home startup requires 20% to 30% equity, compared with 10% for an acquisition. Lenders apply that premium
Yes, in many cases. Most SBA lenders work from a baseline personal credit score of 680, some will consider 660
SBA 7(a) funeral home loans typically carry 10-year terms for business-only transactions and up to 25 years when real estate
When lenders evaluate a funeral home loan application, one of the first metrics they review is annual call volume. Revenue
By Matt Manske | Senior Loan Officer | FuneralHomeLoan.com Category: Acquisition & Transition Financing One of the first questions most
When a funeral home loan moves into underwriting, most borrowers face the same experience: silence, uncertainty, and a waiting period