We closed a $1,200,000 loan this week secured by 35.9 acres of waterfront property located in Jacksonville, North Carolina. The funds are being used to pay off existing debt and working capital.
Unlike many lenders we looked past the fact that our collateral was land and saw the significant upside potential of this property. This is the second land loan we have closed in the last two weeks.
We are still in a position to close certain loans before the end of the year. Please call to discuss further.
Regards,
Jeffrey Silver
Senior Loan Officer
--
Kennedy Funding Financial, LLC
930 Sylvan Ave.
Suite 110
Englewood Cliffs, NJ 07632
Tel: 201-708-9928
Fax:201-603-6558
Skype ID: jeff-silver1
jeffsilver@kennedyfunding.com
www.kennedyfunding.com