Funeral loan

Funeral Loans
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Focus on what matters.

Organising a funeral for a loved one is never an easy process. While still in mourning, you have to do your best to give the deceased a dignified and respectful send-off. The last thing you want is to be worrying about the bill for all the expenses.

Funeral costs can quickly add up. According to the government’s Money Smart website, funerals in Australia cost anywhere from $4k for a cremation to about $15k for something grander. And just like the cost of living, the cost of funerals keeps rising.

Many people save ahead for their own funeral, but often the savings are not enough to cover all of the costs. It’s not uncommon for families to have to find the remaining funds.

So, what can families and friends do? How can they get hold of the money they need for a funeral that befits their loved one?

For many people in Australia, funeral burial loans are the best solution. At NOW Finance, we provide loans for funeral expenses so you can give your loved ones the final farewell they deserve.

Choosing a funeral service

Once you’ve chosen an empathetic and caring funeral company, the staff will explain the expenses involved. This will allow you to plan a funeral that respects the deceased’s wishes.

Some of the expenses you can expect will include:

  • Funeral director fee
  • Transfer, storage and preparation of deceased
  • Embalming
  • Coffin
  • Death certificate
  • Cremation certificate
  • Burial service
  • Flowers

When you have a clear idea of the cost, you’ll know whether you need a personal loan for the funeral. If the costs are going to be a financial burden, then a bereavement loan can be a good idea. It will help you avoid the added stress of sudden money worries, and it will help keep you out of trouble with unmanageable debt.

If the deceased’s funeral wishes are too expensive, you may need to trim things back to reduce cost. Reducing the total amount of the loan will make things easier for you financially, both in the short and long term.

Choosing a lender for funeral burial loans

Once you’ve decided that you need a funeral loan, the next step is to choose a lender.

At NOW Finance, a personal loan for a funeral can be obtained for amounts between $5k and $50k, depending on your circumstances. This is classified as an unsecured personal loan. It’s not based on an asset such as your home or other property.

If you’re interested in a secured loan — one where you use an asset as a guarantee — NOW Finance can provide that too.

As with any loan, you should try to get a reasonable interest rate on a funeral or bereavement loan. Coping with a loss is deeply distressing in itself, so you should only consider a trusted lender who wants to give you the deal for your circumstances.

NOW Finance has an excellent reputation for providing outstanding value and top customer service. We’ve even scooped several InfoChoice Banking Awards as well as multiple Mozo Experts Choice Award.

In addition, our many satisfied customers give us great reviews and ratings on Trustpilot and Product Review. If you choose NOW Finance as your lender, you know you’ll be getting excellent value.

No fees on funeral burial loans

To lighten your load further, NOW Finance’s funeral loans come with no fees.

If you are shopping around for the best burial loan, you’ll find that NOW Finance’s comparison rates are the same as our interest rate. What you see is what you get. There are no hidden fees, which is not always the case with other lenders.

By no fees, we specifically mean no establishment fees, no monthly fees, no fees for extra repayments and no early repayment fees. We know you don’t need any unpleasant surprises during this sad time.

Why choose NOW for loans on your funeral expenses? Because you deserve financial services that are entirely transparent.

Customer service that’s tailored to your needs

It’s worth pointing out that NOW Finance is not a bank. We’re a highly credible alternative to banks and other traditional financial institutions.

We specialise in providing loans, which means we offer a very personal service for all personal loans. Our style is very different to a bank’s. We keep loans simple, and we offer a no-fuss application and settlement process. We will be sensitive and caring while ensuring your funeral loan is personalised to suit your unique situation.

You’ll be assigned your own personal loan advisor as well. Your advisor will be available to guide you at all times, from the initial application through to settlement. It is highly recommended that you speak to your personal loan advisor about the terms and conditions of the loan and that you understand the interest rates, repayment terms and timescales.

Your advisor will also be on hand if you have any questions or concerns during the term of the funeral loan.

Flexible loans for funeral expenses, when you need them most

Having to make financial decisions when you’re bereaved is very challenging. There’s often pressure to get all the funeral arrangements made within a short timeframe. The more flexible your lender, the better your chances of getting a loan that’s right for you.

With NOW Finance, flexibility is a cornerstone of our service. Find out more about how it works.

Fast, easy application for a personal loan for a funeral

Getting a funeral loan shouldn’t be a long, drawn-out affair. With NOW Finance, we use a streamlined 4-step application process that gives you fast access to the funds you need when you need them.

The 4-step application process includes:


  1. Eligibility Check Check whether you are eligible to apply
  2. Personal Details Tell us about your personal circumstances
  3. Confirmed Rate ^ Get offered a guaranteed personalised rate
  4. Financial Details Tell us about your financial position

We also provide a repayments calculator so you can see what your repayments will look like.

To make an application for a loan, you can either call us or do it all online. Applying for one of our bereavement loans takes around 10 minutes from start to finish. You could get a decision on the same day if you get your application in before 2PM (Melbourne-time).

Don’t let a loved one’s passing become a financial hardship. Call NOW Finance today for a stress-free, no-fuss funeral loan.

Get your personalised rate in less than 2 minutes

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Once approved, you could get funds in your account in 24-48 hours

Our application process is easy

Eligibility Confirmation

We confirm your eligibility

Repayment capacity

We check your repayment capactity

Documentation and ID

We check your ID to make sure it is you

Receiving your funds

Nominate a bank account for deposit

Get your personalised rate in less than 2 minutes