Specialized Funeral Home Loans via Gather & Live Oak Bank
Gather, a leader in funeral home software and website design, has announced a new initiative connecting funeral home owners directly with Live Oak Bank, a national lender specializing in deathcare industry financing. This collaboration supports funeral home owners through every stage of ownership, providing tailored capital for first-time acquisitions, multi-location expansions, real estate purchases, debt refinancing, and partner buyouts.
Tailored Capital Solutions Built for the Deathcare Industry
Accessing capital in specialized fields often requires educating traditional lenders on industry-specific operations. Through Live Oak Bank’s specialized loan program, funeral home owners work directly with underwriters who already understand the profession, eliminating unnecessary friction during the approval process.
Live Oak Bank offers flexible funding options ranging from $10,000 to $15 million through SBA, Express, and Conventional loan products. These programs feature fixed rates, real estate terms up to 25 years, and no prepayment penalties on loans under 15 years, allowing owners to focus on growing their firms rather than managing standard banking hurdles. Note that final interest rates, terms, and funding timelines vary based on individual creditworthiness, industry specifics, and other financial factors.
A Unified Platform for Operational and Financial Growth
By integrating access to specialized financial services alongside its core technology suite, Gather provides a single platform designed to manage, fund, and expand funeral service operations. The financing program complements Gather’s all-in-one software ecosystem, which includes case management tools, free funeral home website design, KeepTrack™ decedent tracking, and livestreaming services.
“Funeral home customers interested in learning more about financing from Live Oak Bank can email help@gather.app or reach out to their customer success manager,” stated the Gather team. “Our team will be happy to make an introduction to the Live Oak Bank lending team.”
About Gather
Gather is an innovative, all-in-one funeral home software company that helps hundreds of funeral homes with case management, integrated website design, live streaming, and body tracking. To learn more about Gather or to schedule your free demo, please visit www.gather.app or call (888) 492-2697.
About Live Oak Bank
Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc. (NYSE: LOB), is a digitally focused, FDIC-insured bank serving customers across the country. Live Oak brings efficiency and excellence to the banking process, without branches, by using a focused approach to technology and innovation. To learn more, visit liveoak.bank.
