Kennedy Funding Launches Lending Lounge Web Site
Site is Designed to be a Resource and Generate Conversation Between Borrowers and Lenders
Englewood Cliffs, N.J., April 11, 2013 – Kennedy Funding, one of the nation’s largest private lenders, has launched Kennedy Funding Lending Lounge, a new web site designed to generate conversation and serve as an industry resource. “The purpose is to sort through and make sense of the issues,” said Kevin Wolfer, president and CEO of Kennedy Funding.
“The recession’s legacy was a banking debacle and a turbulent lending market, and key asset classes – notably real estate – have not completely rebounded,” said Wolfer. “There is substantial confusion and apprehension in the decision-making process, for borrowers and lenders alike. While there is certainly money available, the question remains, ‘am I making the right decision?’
“Kennedy Funding Lending Lounge is designed to make sense of the issues, a place where people can converse, exchange views, and network” said Wolfer. “Our tagline, ‘Just hangin’ out and talkin’ lending,’ clearly defines our intention—to generate conversation and be a resource, to provide an opportunity for borrowers to learn, get the information they need to make educated choices when selecting a lender, to insure their decisions result in smooth processes, and to be comfortable in doing business in an ever-changing marketplace.”
Kennedy Funding Lending Lounge’s features include news and views from industry experts and respected columnists and responses to visitors’ questions. Current posts include “Interest Rates: Focusing on the Niche Markets,” “Land Loans: Money is Available if you Know Where to Look,” “How Can you Ensure that your Loan will Close?,” “How can I Close a Loan in 10 Days?,” “Commitment Fees: They’re Part of the Business,” “Valuations: What is my Property Really Worth?,” and “Note Purchases: A Big Factor in 2013.”
Other features include a primer on “What you Need to Know about the Lending Process,” a review of industry trends, a Poll of the Week, important industry events and, most importantly, “Ask a Question,” offering visitors the opportunity to contact Kennedy Funding’s professionals to interact and obtain advice. Answers to your questions will be posted on the web site.
If you have a question or an idea for a topic that you’d like to know more about, visit www.kennedyfundinglendinglounge.com .
About Kennedy Funding
Kennedy Funding, one of the largest direct private lenders in the US, is based in Englewood Cliffs, NJ. The firm, which has closed over $2Billlion, specializes in bridge loans for commercial property acquisition, development, land, workouts, bankruptcies, and foreclosures. Loans are based on up to a 65% loan-to-value ratio and are available from $1 million to more than $50 million, in as little as five days. www.kennedyfunding.com