In January 2010, Fares J. Radel Funeral homes needed to refinance our funeral home in Cincinnati. The loan amount was over $1.5 million and I found in dealing with traditional banks, they do not fully understand the ebbs and tides of funeral home cash flow. After repeated meetings with many large and small banks we turned to Johnson Consulting, a specialist in funeral home financing and consulting. I contacted Kelly Herdt and he began a search for capitol. Kelly “shopped” banks, credit unions and venture capital groups. In 2010, our country was in a very harsh economic environment (needless to say), Kelly found us financing with Midwest Business Capital to refinance the deal. It i s nice to deal with people such as Johnson Consulting and their wonderful staff, who are familiar with funeral home owner’s needs. Again, thank you for everything.
Fares J. Radel
Fares J. Radel Funeral Homes and Crematory
Cincinnati, OH