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Why Funeral Homes Need to Offer Consumer Financing

While some of us pre-plan our funerals, the majority of us are faced with a costly task when someone either dies without plans, or dies unexpectedly. This is the sad reality for Americans every day, and without the ability to pay weekly or monthly, some pay feel hard-pressed to give their loved one the funeral they deserve. Funeral homes should offer consumer financing options to their clients, and while this can be hard to come by with your merchant account provider, you still need to consider all of your options.

FAM, or First American Merchant, offers a funeral financing program that gives funeral homes the ability to sell affordable payments, attract more customers, and grow sales. Featuring many unique benefits, FAM’s financing helps you attract more customers by giving your customers an affordable way to pay for your product and service.  FAM’s funeral financing program gives you the ability to break down your total cost into affordable monthly payments, allowing you to appeal to those customers who may not be able to afford the full cost of your product and/or service today. If you don’t currently offer an attractive finance program, customers are likely choosing a funeral home that can. Funeral financing provides you with the ability to offer your customers the purchasing power they need to purchase the funeral services they need today. With competitive rates and fast payment turnaround times, you’re able to carry on business as usual while providing a program that will help you increase sales.

What’s not to love, right? Well, if you are with a merchant account provider that doesn’t offer this service, you will be losing business to another funeral home that does. Not only is your business and livelihood on the line, but your reputation in the community is on the line. You want only the best for your customers and their departed – so why not offer them the best possibly financing abilities?