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Loan Originations

We originate loans secured by funeral homes, cemeteries and other funeral service businesses

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Loan Workout solutions

We provide expertise and capital to lenders that decide to sell default loans and to borrowers suffering distressed financial conditions with their lenders

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Loan Acquisitions

We acquire performing and distressed loans secured by funeral homes, cemeteries and other funeral service businesses

History

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PSiFUNDS was established by Phin W. Stubbs in 2000 upon acquisition of a funeral home loan portfolio of $130 million. Subsequently, PSiFUNDS capitalized $100 million to focus solely on lending in the funeral services industry. During the Great Recession, beginning in 2009, PSiFUNDS acquired numerous performing and non-performing loans from distressed banks.  

Throughout PSiFUNDS' history it has kept its loans on its book of business, without flip or sale to secondary markets. PSiFUNDS is expert in distressed loan workouts and turnaround management and has worked through numerous default loans amounting to $35 million, in the aggregate.  Each of the cases with well-meaning, high character borrowers, reached successful and creative loan-workout conclusions.

current

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Today, PSiFUNDS is primarily focused on working with borrowers and banks in distressed situations in order to provide capital and restructured loans.  In addition, PSiFUNDS has implemented advanced financial technologies to better-serve its finance, borrowers and the business.

Wildlife Photography:  David Yarrow, London