What are Business Loans?
Business Loans provide essential funding to funeral homes, crematoriums, and related service providers, helping them manage cash flow, invest in growth, and cover operational expenses. Unlike asset-based finance, business loans offer flexible funding that can be used for a wide range of business needs, from facility upgrades to marketing and staffing.
Many funeral businesses seek financing to expand operations, purchase new equipment, manage seasonal fluctuations, or simply maintain financial stability during economic downturns. Business loans provide a structured repayment plan, ensuring manageable monthly payments while keeping capital available for essential business functions.
Whether funding a new location, upgrading technology, or covering unexpected costs, funeral service providers can access tailored business loan solutions from high-street banks, specialist lenders, and independent brokers who understand the industry’s unique financial needs.
Business Loans
You may call us at 01443 800621 for more details or fill out the form below and we’ll get in touch to discuss your options.
Benefits of Unsecured Business Loans
Business Loans offers many benefits to UK businesses, including:
- Improved Cash Flow
Business loans provide essential funds for daily operations, payroll, and supplier costs without draining cash reserves. By spreading repayments over time, funeral service providers can maintain financial stability, improve budgeting, and ensure they have the liquidity needed to handle unexpected expenses without disrupting business operations.
- Business Expansion
Growing a funeral service requires investment in facilities, vehicles, and equipment. Business loans offer the capital needed for renovations, new locations, or service enhancements without exhausting working capital. By securing funding, funeral homes can expand their reach, improve client experience, and meet the growing demand for high-quality funeral services.
- Financial Stability
Unexpected costs such as equipment failures, rising overheads, or seasonal slowdowns can strain finances. A business loan acts as a financial safety net, allowing funeral homes to continue operations without service interruptions. Access to funding ensures stability, protects business reputation, and helps providers maintain the highest standards of care.
- Flexible Repayments
Tailored repayment plans allow funeral service providers to choose terms that align with their financial situation. Whether opting for fixed-term loans, seasonal payments, or interest-only periods, businesses can manage debt efficiently while maintaining long-term growth. Flexible options ensure loan repayments don’t strain cash flow or disrupt daily operations.
Get Your Business Loans
Finance Quote
Fill out the form below or call us at 03300270433 for more details and we’ll get in touch to discuss your options.
How to Apply for Unsecured Business Loans
We make your finance journey as simple as possible.As your trusted business finance partner, we work closely with you every step of the way to ensure a seamless process:
Consultation and Options
From your first call, email or completed webform we will act as your trusted partner, understanding your objectives and putting together options for you to consider.
Information Gathering
We may need to ask you some general business questions and ask for some financial information from you in order to carefully prepare your personalised quotation from our funding panel.
Funding Application
Once you have reviewed your no obligation quotations and are happy to proceed we will prepare your application and liaise with the lenders to secure the funding you need.
Agreement Finalization
Unlike some brokerages, we do not charge you any payments or fees for our brokerage service, so your engagement with us is entirely cost, risk and obligation free.
Asset Activation
Once agreed we will ensure that completion happens efficiently and to your timescales.
Why choose MacManus
Funeral Director Finance?MacManus Funeral Director Finance are the Business Moneyfacts Asset Finance Broker of the Year 2024 – awarded as a result of our incredible levels of delivering for our clients. We are a firm directly authorised and regulated by the Financial Conduct Authority and are a full member of the National Association of Commercial Finance Brokers having achieved the enhanced “NACFB Assured” status, we uphold the highest standards of integrity and regulatory compliance.
Led by a team with over 25 years of business finance experience and a track record of supporting hundreds of UK businesses, our credibility speaks for itself. Our extensive network of business finance providers, offering competitive rates and flexible terms, delivers tailored financial solutions that meet the diverse needs of businesses.
At MacManus Funeral Director Finance, we ensure a personalized service and foster long-term partnerships with each of our clients.
Secure your business with UK’s
Business Moneyfacts Asset Finance
Broker of the Year 2024OR CALL 01443 800621
Frequently Asked Questions
How much do I have to pay to deal with you?Nothing. Zero. Not a penny!
For secured business loans we do not charge our clients any fees at all. We are paid commission by the finance providers for successfully placing business with them, and we only get paid if we deliver a finance solution that you are happy with.
As a result we ask all clients to engage with us on the basis of good faith, in that, if we are asked to secure funding and do indeed deliver what we promised, that our clients complete the transaction with us.
Which finance companies do you work with?We have active lines with dozens of providers, including most high street bank plus a number of niche players.
We monitor the market constantly and look to bring new lenders to our panel as they emerge.
How long will it take to arrange the finance?We are super quick. We will provide you with indicative terms within 5 minutes of a conversation.
When you ask us to proceed to application, we will request some financial and business information from you to support the application.
Once received your application will be sent to the finance providers within 60 minutes.
Funders have varying service times from 1 hour to 5 days, but most are around 3 days for a decision.
Once agreed we let you know and can complete very quickly from there.
Bottom line… we will move as quickly as you do and will move heaven and earth to deliver to your timescales.
What rates of finance can you offer?We will always deliver the best rate of finance possible based on your specific circumstances.
Our extensive funding panel means we can help businesses in every situation, as such every client will receive bespoke pricing based on their credit worthiness, market conditions and industry appetite that varies from time to time.
Our rates, for the best clients, are market leading and you should have no hesitation in contacting us if price is your motivator.
What finance periods are available with unsecured business loans?Finance periods for secured business loans typically range from 3 month up to 60 months.
Reasons to use Unsecured Business Loans
- Unsecured Business Loans can be arranged typically from 3 months up to 60 months and can therefore solve a wide number of issues from very short term to longer term funding requirements.
- Typically a business loan is a suitable option if none of the above facilities are more appropriate to the purpose funding is required for.
- A business may need a 3 to 12 month loan to cover an unexpected event for which funding is immediately required but can be cleared very quickly by future revenue or perhaps a lump sum of funds due to be received shortly.
- Examples of this could be to cover tax bills, insurance premiums, a bad debt, clients changing payment terms, a vehicle or asset breakdown or other short term cashflow blip.
- Unsecured Business Loans between 1 and 5 years are often sought for medium to long term requirements. These can include investment in growth to fund new staff costs with turnover increases taking time to catch up with the immediate additional employment cost.
- Other examples can include refurbishment of commercial property, other business debt consolidation, funding to buy out a shareholder, to assist in providing liquidity to trade through an industry or general economic downturn or recession.
