C&J Financial Partners with ASD to Offer Clients More Ways to Save

June 15, 2011
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Media, PA — C&J Financial, a leading provider of Insurance Assignment Funding, announced a new partnership with ASD – Answering Service for Directors as part of the of a new, cost-cutting rewards initiative to benefit both funeral directors and the families they serve.

With over a dozen years of experience, C&J Financial has processed over 100,000 death claims and funded nearly 500 million dollars to hundreds of funeral homes and cemeteries throughout the United States. C&J has chosen to partner with ASD to offer funeral professionals more flexibility in how they service their families.

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C&J’s FAST FUNDING Insurance Assignment Program puts an end to the hassle, headache and cash flow delay in processing insurance death claims. The time-consuming process of handling assignments can burden funeral homes and create cash flow pressure as vendors shorten net payment time. C&J accepts the assignment and wires payment to the funeral home within 24 to 48 hours of verification instead of weeks or months.

According to Executive Vice President Jamie Meredith, “Cash flow is vital to any business, but especially the funeral business due to the large cost of a single sale. With FAST FUNDING, funeral homes can immediately increase cash flow, reduce accounts receivable and focus on more important things.”

With C&J, payment can be received at no up-front cost to the funeral director. The small funding fee is included in the funeral bill and assignment so directors can obtain payment for services without any delay. Families are able to pay for their goods and services without any out of pocket expense, giving them more freedom during the planning process.

“The majority of payments our funeral home receives is made up of about 70 percent insurance assignments, which was causing us a tremendous cash flow problem,” says Funeral Director Xenia Ward of James H. Hunt Funeral Home, who switched to C&J because of the lower interest rate and partnership with ASD. “C&J gives me accurate information on what is required in order to submit a claim and lets us know immediately if there is a problem. The whole transaction takes about 48 hours, and the peace of mind is phenomenal because we get paid immediately and aren’t held accountable for any missing funds.”

The choice to partner was made after establishing a close business relationship and research by both companies. ASD, the leading answering service for 25 percent of funeral professionals in the United States, joined with C&J Financial as part of their new Rewards Program enabling directors to work with two first-class industry leaders while greatly reducing their monthly costs.

As part of C&J’s exclusive partnership with ASD, the families served by ASD’s clients receive a discounted funding rate on any assignment funds needed to cover the services. Additionally, ASD will provide clients with a $4 credit towards their ASD account for every $1,000 in assignments funded through C&J Financial.

“C&J is extremely excited about partnering with ASD, the nation’s leading funeral home answering service, to provide its funeral home clients with a tremendous rewards program. This partnership will allow ASD clients the opportunity to increase their cash flow while lowering their monthly operating expenses,” Meredith says.

C&J Financial and ASD are enthusiastic about working with one another to ensure that funeral professionals have more options for saving. Both directors and their families save with the new rewards program that provides even more incentive to work with two of the most trusted names in the funeral industry.

About ASD

ASD is the leading answering service and call support center for funeral home professionals. As a full service provider, ASD empowers directors and staff of funeral homes to offer the highest caliber of service, particularly while away from the office. ASD’s innovative technology and call support expertise have made it a national leader in the death care space. Headquartered in Media, Pennsylvania the firm offers comprehensive call support for funeral homes and related businesses of all sizes. For more information, visit www.myasd.com._

About C&J FINANCIAL, LLC

C&J FINANCIAL, LLC is a leading provider of insurance assignment funding in the United States. C&J serves funeral homes and cemeteries throughout the U.S., District of Columbia, Puerto Rico and the U.S. Virgin Islands. For more information, visit www.snlfastfunding.com.

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CDFuneralNews

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