Let’s face it. We will all pass some day. Funeral Home owners and directors have an important and sensitive job at hand. Working capital problems should be the least of your worries, so Excel is here to help. Whether you want to open up a new location, upgrade equipment and supplies, or need to make inventory purchases, there is a funding solution for you!
The Unique Cash Flow Requirement for Funeral Homes
At Excel Capital Management, we understand the importance of running a funeral home seamlessly for day-to-day operations as well as larger, internal business matters. Our wide array of business funding solutions can help to provide your funeral home with the capital it needs to facilitate expansions, inventory purchases, refinancings, partner buy-outs, and more.
Business Loan Options for Funeral Homes
Excel Capital Management offers small businesses which have been operating for a minimum of three months, a chance to grow their business by flexibly and strategically granting them working capital and business loans for funeral homes. There are no restrictions on what you can or cannot do once the loan is credited your account and you can use it as you please to grow your dealership. Here are the top 5 reasons funeral home owners obtain business loans:
- Inconsistent Revenue – Life is precious, but you just never know when it’s your time to go. For this reason, many funeral home owners find themselves with inconsistent revenue. Death is more common during certain times of the year rather than others creating a seasonality effect.
- Payroll – Due to seasonality, many funeral home owners find themselves in a bind at certain times throughout the year when it comes to paying their employees.
- Rent – Business Loans are often used to stay up-to-date with hefty rent payments.
- Marketing – Believe or not, the funeral home business is a competitive which means your marketing and advertising must be up to par. This can be expensive.
- General Working Capital – Business Loans are common when it comes to just needing a bit of working capital to get things on track no matter what they may be.
Excel Capital Management understands the hard work that you put in when running a small business and the need for proper business funding on both rainy and sunny days, and that is exactly why they have designed flexible and convenient loan options to what options Excel Specializes in.