Fintech’s Point-of-Sale LendingUSA ™ Responds to FEMA’s COVID-19 Funeral Assistance Program


SHERMAN OAKS, California, May 13, 2021 / PRNewswire / – Earlier this year, FEMA announced it would provide financial assistance to families who have suffered the loss of a loved one to COVID-19. This funeral assistance program is part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 and the American Rescue Plan Act of 2021. Under the program, FEMA will reimburse eligible families up to $ 9,000 in funeral expenses incurred after January 20, 2020.

LendingUSA, a Californiaa company based on point-of-sale financing solutions, serving thousands of funeral homes across the country. “Our funeral clients are funeral directors who provide financing through LendingUSA because they understand the importance of providing payment options to their families,” says Elaine valdez, Head of Funeral Relations at LendingUSA. “Over the past year, countless families have lost members to COVID-19. When death is unexpected, the cost of funeral services can be prohibitive. The FEMA program can help alleviate this burden of significantly. “

While FEMA’s funeral assistance program serves families affected by COVID-19, the LendingUSA team wants to help funeral directors fully understand the program so they can be ready to help their families. The company recently released a blog post who answers frequently asked questions about FEMA funeral reimbursement, and LendingUSA’s account managers are ready to help. “We want funeral directors to feel confident in any interaction with a grieving family,” Elaine says.

Elaine points out that while funeral professionals cannot complete the claim on behalf of a family, it is still important to understand how the funeral assistance program fits into the larger industry landscape. funeral. “Funeral directors regularly guide families through some of their most difficult times. In the event of a pandemic, this guiding role becomes of crucial importance. We are there for you, just like you are there for your families.

About LendingUSA
LendingUSA is an award-winning point-of-sale financial technology company that provides merchants with a seamless financing solution with access to loan decisions in seconds, promotional financing terms, and low monthly payment options for its customers across a variety of markets. niche markets. Founded in 2015, LendingUSA has registered over 10,000 merchants nationwide and processed over $ 2 billion in borrower loan applications.

LendingUSA is committed to creating the best financing experience available through its proprietary point-of-sale lending solution. The company enjoys a 4.8 out of five-star consumer rating on BirdEye. All loans are made by Cross River Bank, a New Jersey state chartered bank, member of the FDIC.

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