Tribute Technology Partners with Family Shield Credit to Expand Access to Funeral Financing

Partnership Provides Client Families Access to Budget-Friendly Payment Plans while Strengthening Funeral Homes and Reducing Accounts Receivable

WAUNAKEE, Wis., Nov. 5, 2025 — Tribute Technology has announced a new partnership with Family Shield Credit, the first fintech platform designed by funeral professionals to offer flexible, budget-friendly payment options for funeral homes and their client families. This collaboration integrates Family Shield’s proven financing platform into Tribute Technology’s ecosystem, making it easier than ever for funeral homes to provide families with the services they need without the burden of immediate financial constraints.

“Family Shield offers a crucial solution that allows families to make decisions based on what they truly want for their loved ones, not just what they can afford at the moment,” said Craig Greenseid, CEO of Tribute Technology. “By working with Family Shield, we’re adding another layer to the Tribute Technology platform, giving funeral homes the ability to offer more comprehensive services while improving their financial health at the same time.”

Key Benefits for Funeral Homes

The partnership with Family Shield brings several key advantages to funeral homes. Funeral homes receive direct payment from Family Shield, typically within 48 hours of the client’s service, eliminating the delays and uncertainties associated with waiting for estate settlements, life insurance disbursements, or property sales. This helps improve cash flow and reduce accounts receivable.

Homes using Family Shield see an average 30% increase in total spend per family. Flexible payment plans empower families to select the services and memorials they truly want, rather than settling due to immediate financial constraints.

Family Shield’s platform provides fast underwriting and approval decisions through a proprietary fintech portal, streamlining the application process. There is no paperwork or manual review required, making it easy for funeral homes to offer this option to families. 

Tribute Technology funeral homes can quickly onboard through an automated online portal. Ongoing webinars and training are available to help funeral directors confidently present these payment options to families. Combined with Tribute Technology’s existing Tribute Pay payment platform, this exciting partnership with Family Shield creates a comprehensive financial solution for funeral directors.

“Our goal is to help funeral homes serve families with compassion and respect, and this partnership directly aligns with that mission,” said Dan Solecki Sr., Co-Founder and President at Family Shield Credit. “With Family Shield, funeral homes can streamline their payment processes, improve cash flow, and offer families the peace of mind they deserve.”

About Family Shield
Family Shield Credit provides flexible payment solutions for funeral homes and their clients, offering families peace of mind during difficult times. Families can borrow funds to cover funeral expenses, relieving the stress of immediate payments and providing much-needed time. Learn more at www.familyshieldcredit.com.

About Tribute Technology
Tribute Technology is a leading provider of software and services for funeral homes, cemeteries, and crematories, helping professionals serve families through best-in-class websites, management tools, and digital memorialization solutions. To learn more, visit www.tributetech.com.

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Tribute Technology has partnered with Family Shield Credit to bring flexible, budget-friendly payment options to funeral homes and the families they serve — helping firms improve cash flow and receive direct payment within 48 hours.

Financing Funeral Home Growth: Smart Loan Options for Owners

The funeral home industry is experiencing a shift, with more business owners looking for ways to expand, modernize, or acquire additional locations. Understanding the right financing options is critical to making these business moves successful. Whether you’re planning to buy an existing funeral home, build a new facility, or invest in cremation services, knowing your funding options can help you make informed decisions.

SBA 7(a) Loans: A Strong Option for Funeral Home Owners

One of the most accessible and beneficial loan products for funeral home acquisitions is the SBA 7(a) loan. This loan is particularly appealing because it requires less upfront capital, making it ideal for first-time buyers or those looking to expand. 

If you are an existing funeral home owner with a well-defined expansion strategy and a proven business model, equity injection may be flexible, which is the leading advantage of expansion through acquisition.

Industry Trends: The Rise of Acquisitions

Funeral home acquisitions are rising as more owners look to expand their market reach. Many business owners prefer keeping cash to support healthy cash flow and rainy-day funds rather than tying up significant funds on purchases, which is where SBA-backed loans become attractive.

SBA 7(a) loans allow owners to buy additional funeral homes with minimal upfront cash, preserving their financial reserves for operational needs. For those hesitant to take on large loans, seller financing can help bridge the gap, making acquisitions more financially manageable.

Financing a Crematory or Retort Addition

With cremation rates rising nationwide, many funeral home owners are considering adding a crematory to their business. Financing this addition requires specific loan products that cater to mid-sized investments.

Live Oak Bank offers a Live Oak^® Express Loans, which provide quick funding between $10,000 and $500,000. This loan is perfect for business only acquisitions, equipment, vehicle purchases, working capital and more.

 Working Capital and Marketing Expansion

Financing can also be used for marketing and business development. Whether modernizing a website, investing in advertising, or implementing digital marketing strategies, securing financing for marketing expenses can significantly impact business growth. Many funeral home owners now use specialized loan products to cover marketing investments that help them reach new clients and expand their service offerings.

Choosing the Right Loan for Your Funeral Home

Not all funeral home acquisitions or expansions require the same type of financing. Factors such as existing cash flow, business structure, and real estate value play a role in determining the best loan option. Whether it’s a traditional bank loan, SBA financing, or a specialized industry loan, finding the right product can make all the difference in ensuring long-term business success.

Final Thoughts

Financing a funeral home expansion, acquisition, or upgrade requires a clear understanding of the available options. SBA 7(a) loans offer flexibility for acquisitions, while specialized loans like Live Oak^® Express provides fast capital for crematories and facility improvements. With the funeral home industry evolving, having access to the right funding resources can ensure your business thrives for years to come.

For more information on funeral home financing, reach out to Andrew Kennedy at Live Oak Bank: 📧 Andrew.Kennedy@LiveOak.Bank 📞 (336) 671-0089