Kennedy Funding Financial Closes $1 Million Loan To Herb Kinman Chevrolet In Carrollton, Kentucky

[Jeffrey Silver]

CARROLLTON, Ky., July 11, 2017 /PRNewswire/ -- Kennedy Funding Financial, (www.kennedyfunding.com), an Englewood Cliffs, New Jersey-based direct private lender announced that it has closed a $1,000,000 loan to Herb Kinman Chevrolet, a new car dealership in Carrollton, Kentucky. The loan will be used for working capital and to allow for the purchase of additional cars.

Located 45 minutes from Louisville, KY and situated less than 1.5 miles from Interstate 71, Herb Kinman Chevrolet draws the bulk of its customers from surrounding cities and towns. In a town as small as Carrollton, the dealership is reliant on these out-of-town customers for sales, parts and service.