Cremation Garden Development

blackstone cemetery development financing

Blackstone Cemetery Development and Live Oak Bank have partnered together to provide simple and transparent financing solutions for Blackstone’s custom cremation gardens.

Blackstone Cemetery Development specializes in designing, planning and construction of cremation garden areas.

No matter how big or how small, Blackstone has unparalleled design capabilities with a staff of landscape architects, designers and engineers. From single columbariums to large scale gardens, Blackstone Cemetery Development is your go-to source for all things cremation.

THE INVENTORY GROWTH LOAN™

Flexible Financing to Simplify Inventory Additions

The Inventory Growth Loan allows cemeterians nationwide to expand their mausolea, columbaria and memorial garden inventory faster and more securely than traditional approaches. This conventional loan product is specifically designed to function within the cash flow cycles and market demands for cemeteries while providing adequate cash flow to support existing operations. It’s also ideal for funeral homes seeking to add a memorial garden or columbarium.

Loan Benefits

  • Allows cemetery owners to build inventory sooner than common pre-sale plans
  • Recognizes the cyclical nature of cemetery inventory sales
  • Provides less strain on cash flow when sales are low, and aggressive principal pay-down when sales are high
  • Faster principle pay-down shortens the average life of the loan
  • Successful sales mean faster loan pay-off creating high remaining inventory value
  • Increased cash flow due to timely pay-off allows for further expansion
  • Customer portal to manage inventory, view the progress of each sale and check loan balance
INVENTORY GROWTH LOAN vs. TRADITIONAL P&I LOAN

Pay Less & Retain More Value

The Inventory Growth Loan is faster and more flexible than traditional principal & interest loans allowing you to pay less total interest, retain higher inventory value and start with a lower first minimum payment. Ready to grow?

*Example based on $770,000 loan at 7.0% interest rate for cemetery inventory additions. For illustrative purposes only; terms & rates subject to change.


Contact us to learn more about Cremation and Cemetery Development.

 

John Bolton
President
Blackstone Cemetery Development
423.439.9181
bolton.blackstone@gmail.com

Meghan Cowan
Loan Officer
Live Oak Bank
910.550.2293
meghan.cowan@liveoak.bank

 

Live Oak Bank is a separate entity from Blackstone Cemetery Development.