Express Funeral Funding started in 2002 as a small regional funding company, but following the combination of business professionals in 2007, Express Funeral Funding has become one of the largest and fastest growing funding companies of life insurance assignments for funeral homes and cemeteries in the United States.
#10 REDUCES ACCOUNTS RECEIVABLE & INCREASES CASH FLOW
Waiting 30, 60, 90 days or longer to receive payment on a life insurance policy is now a thing of the past! Funeral service providers need to maintain a sufficient cash balance or have access to immediate cash to cover the industry inherent variations in monthly cash flow. Express Funeral Funding is a valuable resource for processing and funding of life insurance assignments, thus enabling funeral service providers to reduce accounts receivable and improve cash flow.
#9 EXPRESS FUNERAL FUNDING DOES ALL THE WORK
The days of completing large amounts of paperwork, waiting on hold with insurance companies, and inconveniently requiring families to return to the funeral home to complete forms are over. Express Funeral Funding makes it easy for you and the family by doing the research, verification, and filing the claim with the insurance company. At Express Funeral Funding, we do all the work.
#8 CASH ADVANCES TO THE FAMILY
There are frequent situations when a beneficiary of the deceased would benefit by having immediate access to cash from a life insurance policy to cover expenses in addition to the funeral service. Some examples include funeral related travel expenses, cemetery expenses, medical expenses, etc. Express Funeral Funding was able to help the spouse of a deceased that was about to lose her home to foreclosure as a result of years of medical bills related to her late husband. Express Funeral Funding advanced the full policy amount enabling the spouse to pay the funeral expense and save her home from foreclosure. Many funding companies do not offer cash advances, but funeral homes can offer this valuable service to their families with Express Funeral Funding.
#7 PERSONALIZED SERVICE TO FIT YOUR NEEDS
Express Funeral Funding has developed a funding service described as “best in the industry” by our customers.
We understand funeral service providers have different needs and preferences. Some examples of personalized
• Payments to third parties such as florists, ministers, and cemeteries
• Multiple payment options
• Claim status updates via email, text and online
• Claim submission options including fax, email or online
Express Funeral Funding will customize a process that fits your needs.
#6 SIMPLIFIED RATE STRUCTURE
Many funding companies use a fee structure that includes a sliding scale, introductory offer, or a higher initial rate with the potential for a future rebate. Many charge higher rates for group claims versus individual claims. We do not use fuzzy math, sliding scales, or higher rates for different types of claims. Express Funeral Funding uses the same low rate regardless of the type of claim.
#5 NO COST TO THE FUNERAL HOME
Using Express Funeral Funding does not have to be an additional cost to a funeral home or cemetery. The cost of using a funding company like Express Funeral Funding is similar to the cost of a credit card transaction and most funeral homes avoid the funding cost by adding an insurance processing fee to the funeral statement of goods and services.
#4 FUNDING OF DIFFICULT CLAIMS OTHER FUNDING COMPANIES WILL NOT
There are certain insurance claims that are very time consuming and difficult due to the type of policy and nature of the death. Some funding companies will not provide funding for these types of life insurance claims. Send your claims, including the difficult ones, to Express Funeral Funding and find out why we are the FASTEST and EASIEST at paying claims other funding companies will not accept.
#3 OUTSTANDING CUSTOMER SERVICE
At Express Funeral Funding we have developed and continually reinforce a culture with a passion for excellence, where our employees put the customer first. Our focus is on long-term customer relationships and delivering exceptional customer service every day. We strive to be the best funding company in the industry. We view our relationship with our customers as a partnership having a common goal to provide compassionate, professional and reliable service to the families we serve.
#2 SAME DAY FUNDING
It is easy. Submit your claim to Express Funeral Funding and receive immediate payment. Most claims are paid the same day. Advanced technology allows funeral homes to fast track claims directly from the Express Funeral Funding website.
#1 LESS PAPERWORK
Why use a funding company that requires you to do most of the work? Why use a funding company that requires you to disturb a grieving family to return to your office and sign one more form? Express Funeral Funding has simplified the assignment process by requiring the least amount of paperwork compared to other funding companies, resulting in the FASTEST and EASIEST funding possible with minimal effort from the funeral home and family.