Service Area: Continental U.S.
A B O U T
The Go-To Partner for Securing Funeral Home Loans
With the rise of cremation rates and changing funeral traditions, more lenders are now serving businesses in the deathcare industry. BSF, LLC. is dedicated to assisting buyers and sellers in navigating the ins and outs of funeral home loan transactions. We look forward to being a part of more robust industry transaction activities. Trust us to be your reliable partner in financing funeral home transactions.
What We Protect You From
Securing funeral home loans can be a daunting task, especially for funeral directors who lack experience in this type of financial transaction. Unfortunately, some brokers and industry professionals take advantage of this inexperience. They may charge costly fees for basic advice and make deals with multiple parties in the same transaction. This results in 10% to 15% transaction costs that directly impact buyers and sellers.
About Our Founder
With over 20 years of experience as a loan officer for banks, Matt Manske specializes in helping funeral directors secure funeral home loans. His experience assisting this niche clientele inspired him to establish BSF, LLC. The goal of founding this company was to guide people in the deathcare industry through buying, selling, and financing funeral homes.
Excellence Backed by Direct Industry Experience
Matt lived and worked in funeral homes while earning his Master’s in Accounting. Through this first-hand experience, he gained a deep appreciation for the value of funeral service. This unique background also equipped him with a comprehensive understanding of the ins and outs of funeral home operations.
Career History Before Finding His Calling
After college, Matt started his accounting career with a two-year stint at a CPA firm, where he helped audit small businesses. He later spent eight years in medical sales, earning national accolades and rankings for his outstanding performance.
The Honor of Working with Funeral Directors
Matt finds great fulfillment in guiding buyers through acquiring funeral home loans and establishing themselves in the industry. Witnessing sellers reap the rewards of their work and forming new partnerships with buyers also brings him immense joy.
Interacting with genuine funeral directors on a daily basis is the highlight of his job. As a funeral home loan officer, Matt builds strong friendships with these unique, passionate individuals dedicated to serving families in their communities.
Solid Advice from a Funeral Home Loan Officer
For Funeral Home Buying
When seeking funeral home loans for a purchase transaction, it’s better to communicate directly with lenders rather than relying on brokers. Lenders have a vested interest in ensuring the viability of your transaction, as they want to be repaid. Unlike brokers, they provide this layer of protection throughout the process, as they remain invested in the deal even after its completion.
For Funeral Home Selling
Before selling your funeral home, consult extensively with an accountant who can conduct a thorough business valuation. Presenting a strong federal tax return history will enhance the selling price and tax implications. Keep in mind that buyers typically rely on bank financing to secure a funeral home loan. Their lender will require an independent valuation, separate from any previous assessments.
