How Much Can Funeral Homes and Funeral Services Businesses Get in SBA Loans?
4,720 SBA loans totaling $3.4B have been approved for funeral homes and funeral services businesses (NAICS 812210). The average approved SBA loan is $712K, which is 109% above avg the $340K national average. 771 active lenders fund this industry with a 5.9% default rate on the matured 2018-2021 loan cohort.
At 5.9%, Funeral Homes and Funeral Services sits well below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — low default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 812210 (Funeral Homes and Funeral Services) received 4,720 SBA loans worth $3.4B across 5+ states. Average loan $712K, average term 205 months, 5.9% default rate (resolved-loan basis).771 active SBA-approved lenders fund this industry. Most funeral homes and funeral services loans use the SBA 504 program.
Is SBA Lending Growing for Funeral Homes and Funeral Services?+16% growth
Which SBA Program Do Funeral Homes and Funeral Services Businesses Use Most?
What Is the Best SBA Loan for Funeral Homes and Funeral Services?
18% of funeral homes and funeral services loans use this program — ideal for real estate and major equipment purchases
Where Are Funeral Homes and Funeral Services SBA Loans Most Common?
Top SBA Lenders for Funeral Homes and Funeral Services
These banks have funded the most SBA loans for funeral homes and funeral services businesses (NAICS 812210). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Live Oak Banking Company(NC) | 545 | $800.9M |
| 2 | The Huntington National Bank(OH) | 170 | $72.7M |
| 3 | United Midwest Savings Bank National Association(OH) | 116 | $145.9M |
| 4 | Wells Fargo Bank National Association(SD) | 107 | $73.5M |
| 5 | Readycap Lending, LLC(NJ) | 78 | $70.0M |
Funeral Homes and Funeral Services Industry Context
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PeerSense places SBA loans for funeral homes and funeral services businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Funeral Homes and Funeral Services Businesses?
Across all SBA loan programs, 4,720 loans have been approved for businesses classified under NAICS 812210 (Funeral Homes and Funeral Services), representing $3.4B in total capital deployed. The average approved loan of $712K is 109% above avg the national SBA average of $340K, with typical repayment terms of 205 months.
SBA lending for funeral homes and funeral services is accelerating — loan volume has grown approximately 16% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2018.
The industry sees a balanced mix of SBA programs, with 18% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching funeral homes and funeral services business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Funeral Homes and Funeral Services SBA Loans
What is the average SBA loan size for funeral homes and funeral services businesses?
Which SBA loan program is best for a funeral homes and funeral services business?
How many lenders fund SBA loans for funeral homes and funeral services?
What states have the most SBA lending for funeral homes and funeral services?
How does PeerSense help funeral homes and funeral services businesses get SBA loans?
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All Other Personal Services
Data aggregated from SBA loan records (1992–2025). Funeral Homes and Funeral Services defined by NAICS code 812210. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.