An Alternative To Conventional Bank Loans
Thank you for your interest in Kennedy Funding Financial, one of the largest private commercial lenders in the country. We specialize in short-term real estate secured loans for many situations, including bridge funding, land acquisition, development and construction, bank workouts, note purchases, foreclosures and bankruptcies.
At Kennedy Funding Financial, we recognize the importance of speed, and that loans must often be structured around each client’s unique set of financial circumstances. Our principals have been providing lightning-fast service and creative funding solutions throughout North America since 1987, and with our international lending program, our principals have closed loans in Canada, Spain, Fiji, Belize, Mexico, and throughout the Caribbean.
Kennedy Funding Financial’s Lending Criteria
Loans from $1 Million to over $50 Million: Domestic and International!
Loan Term: One to five years interest only with no prepayment penalty.
Collateral: Typically commercial real estate. Other fixed assets may be considered in some cases.
Loan-To-Value Ratio: Loan amounts can be up to 65% of the value of the collateral. If the loan is used
for construction or renovation, the loan can be funded in stages up to 60% of the
Interest Rate: Depending upon collateral, rates start at 9%, interest only. In lieu of equity, a fee of
2-7% may be paid. Rates for international transactions are generally higher than
Minimum Loan Size: $500,000 in the NJ Tri-State area, $1 million nationwide, and $3 million internationally.
Immediate Response I Flexible Loan Structures I 7-10 Day Closings I Brokers Protected
For more information, please contact Jeff Silver 1-201-342-8500
or visit our web site at www.kennedyfundingfinancial.com