East Bridge Funding has partnered with At Need Credit to serve the funeral industry and to provide the very best At Need Funeral Financing program to funeral homes nationwide. This program is designed to help funeral homes provide better service to those families who do not have pre-need insurance or the cash on hand necessary for the services they want for their loved one.
Funeral Financing - Summary of Program
Closed end installment loan
Term from 12-36 months
Amount Financed: $1000-15,000+
Interest Rates: 14.99-18.99%
3, 6, 12, and 18 Months 'Same as Cash' available for premium plan
Affordable monthly payment
When to use At Need Funeral Financing
At Need Financing program will help your funeral home provide better service to your families while at the same time removing the burden of offering finance options in house. Because this is an unsecured financing program, the family member applying for credit must be credit worthy. However, the underwriting
criteria is not nearly as strict as most prime lenders and will approve prime
to near prime borrowers (Mid 600 credit scores and above).
The program can be used to help families in a variety of situations. Here are a few examples.
- Family can use the funeral financing program to pay for the funeral they really wanted for their loved one.
say a family has $5,000. But the funeral they really want costs $8,000.
They can put the $5,000 down and finance the remaining $3,000.
- A family member has the money, but can't get it together before they need the funeral.
problem. The funeral home can offer families 90 days same as cash for an approved funeral loan. During that
period they need to make the minimum monthly payment. If the balance is
paid off within 90 days, there is no interest charged to the debtor.
- A family has the money but would prefer to spread total cost into payments over 2 or 3 years.
What Makes This At Need Funeral Financing Program Different
At Need Credit's consumer lending expertise has provided them the opportunity to offer their cascade waterfall of at need funeral payment plans to funeral home providers.From
the family member that qualifies for our Premium Plan with excellent
credit history to the Standard Plan that every family member may
quality, At Need Credit is unique in the funeral industry no one is turned away!
We have an at need payment plan for anyone. Learn more at www.atneedcredit.com.