Here are some of our international loans.  What Kennedy did for them, we can probably do for you.

$1.2 Million from Kennedy Funding Helps Make West Hills Golf Course a Driving Force in New Brunswick, Canada

The city of Fredericton in New Brunswick, Canada seemed the perfect place to build a golf course. Ken Marshall and Dave Loten, of Rebel Ridge Golf Club, Ltd., noted that while Fredericton enjoyed a golf season of only about six months, the sport was very popular in the area, with rounds at existing courses unusually high. In fact, the well-established Fredericton Golf Club and The Lynx at nearby Kingswood were both doing at least 25,000 rounds a year, with green fees set at $45 plus power cart, while full club memberships were in the $1,600 range.

So when Hill Bros. Realty & Investments, Ltd. decided to sell a 181-acre tract of land designated for a golf course which they themselves decided not to build, Rebel Ridge leapt at the opportunity. They were able to come up with approximately 65% of the construction costs, utilizing money allocated by Hill Bros. Realty, as well as funds generated from the sale of memberships.

This was encouraging, but it still left Rebel Ridge about 25% short of their goal. And no lender on the horizon seemed anxious to help them out – until they met with Kennedy Funding.

Kennedy Funding, a direct private lender in Hackensack, New Jersey, provided Rebel Ridge with the short fall amount they needed, in the form of a five-year, interest-only loan. “We saw the potential in this project,” said Jeff Wolfer, president of Kennedy. “That’s why we made sure Rebel Ridge got the terms they needed to make this project succeed.”