Invested in Funeral Related Properties through- out the United States Territories. Funeral Homes, Cemeteries, Crematories and related businesses.
Typical Loans are $1,000,000 – $3,000,000 Secured by First Position on Property and typically no more than 1.5 times annual revenues or 80% Total Loan to Value.
Loans are 20 year am/ 5 year balloon. Rates vary from 8% to 15% depending on borrower security and risk.
500 shares at $100,000 per share
ROI – First 5% to investor
Second 2 % TO CCM Capital Management
After 7% 75% to Investor
25% to Capital Management
After 35 years in the industry building a Regional Company my biggest challenge has always been raising the money necessary for growth (acquisitions, remodels, etc.) Banks don’t under- stand it and investors don’t know what to do with it if they have to take it back.
Yet it’s the only Industry that has a guaranteed future and the only investment that everyone will have to make. We understand the business and through Family Owned Service Company (our operating company) we can step in and operate the business if necessary. With a rule of WWBI (would we buy it) our loans are secure, low risk and consistent investments.