Funeral Homes and Funeral Services acquisitions in Wisconsin: SBA loan data
Since FY2018, SBA lenders have approved 15 7(a) loans to buy an existing business classified as Funeral Homes and Funeral Services in Wisconsin, totaling $21.9M. The median loan was $1,208,700. That is 1.0% of the 1,452 acquisition loans in Wisconsin.
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How this compares
The median Funeral Homes and Funeral Services loan in Wisconsin is 115% higher than the $562,750 median for all Wisconsin acquisitions, and 13% lower than the $1,390,000 median for Funeral Homes and Funeral Services acquisitions nationwide (351 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 0.6% of seasoned Funeral Homes and Funeral Services acquisition loans were charged off, and 2.6% of seasoned Wisconsin acquisition loans of any type.
Funeral Homes and Funeral Services acquisition loans in Wisconsin by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 1 | $3M | $3,000,000 | |
| FY2020 | 3 | $4M | $1,785,000 | |
| FY2021 | 3 | $4.6M | $873,000 | |
| FY2022 | 3 | $4.6M | $1,506,600 | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 2 | $1.9M | $930,000 | |
| FY2025 | 1 | $775K | $775,000 | |
| FY2026 | 2 | $3.1M | $1,528,500 |
How often do these acquisition loans fail?
Fewer than 20 Funeral Homes and Funeral Services in Wisconsin acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
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Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Bank | 2 | 13.3% | $4.1M | |
| 2 | Waukesha State Bank | 2 | 13.3% | $3.9M | |
| 3 | Bank First | 2 | 13.3% | $1.2M | |
| 4 | Byline Bank | 1 | 6.7% | $3M | |
| 5 | Horicon Bank | 1 | 6.7% | $1.8M |
Top franchise brands
No franchise brands recorded in this combination.
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Questions buyers ask
How much do SBA loans for Funeral Homes and Funeral Services acquisitions in Wisconsin run?
The median SBA 7(a) loan was $1,208,700 across 15 loans (FY2018 to FY2026). The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Funeral Homes and Funeral Services acquisitions in Wisconsin?
Live Oak Bank (2), Waukesha State Bank (2), Bank First (2), Byline Bank (1), Horicon Bank (1).
How often do Funeral Homes and Funeral Services acquisition loans fail in Wisconsin?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Funeral Homes and Funeral Services acquisitions in Wisconsin?
None of the 15 loans in this combination were recorded with a franchise brand.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
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Related
- All Wisconsin acquisitions
- Funeral Homes and Funeral Services nationally
- Funeral Homes and Funeral Services in Pennsylvania
- Funeral Homes and Funeral Services in New York
- Funeral Homes and Funeral Services in New Jersey
- Funeral Homes and Funeral Services in Illinois
- Funeral Homes and Funeral Services in Ohio
- Funeral Homes and Funeral Services in Michigan
- Funeral Homes and Funeral Services in Indiana
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Small samples move a lot: each loan in this combination is 7% of the count. Industry is the NAICS code the lender recorded. See the methodology.