Term: Flexible loan terms can range up to several years, sometimes more.

Prepayment: Unlike other lenders, you can repay your loan at any time and without penalties.

Use of Proceeds: Kennedy Funding makes loans for business reasons exclusively.

LTV: Loan to value can be as much as 65% of the collateral value, according to the cash sale price, and given up to a 120-day marketing timeframe. Should the loan be used for renovation or construction, the amount may be based upon the improved market value, and may be disbursed in steps.

Rates: Variable from 12% up to 18% yearly (interest only), contingent upon collateral, loan structure, etc. Depending upon which country you’re in, international rates range from 12% up to 21%.

Equity: In cases of no equity participation, a percentage of the loan amount could conceivably be integrated into the loan, usually 1-4%, in the U.S. only.

Loan Size: Domestically, the range is from $1 million to $250 million or more. For international consideration, the loan must be a minimum of $3 million.

Collateral: We accept real estate and additional fixed or liquid assets.