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Kennedy Funding Closes $2.64 Million Land Loan for Farming Business Expansion in Brazil
April 6, 2021 GMT
ENGLEWOOD CLIFFS, N.J., April 6, 2021 /PRNewswire/ Kennedy Funding has once again closed an international land loan during challenging economic and geopolitical times.
The Englewood Cliffs, New Jersey-based direct private lender announced today that it has closed a $2.64 million agricultural land loan to Scariot Agro Business, LLC. Loan proceeds will be used as working capital to grow the company’s farming business on a 78.775-acre tract near downtown, Camaçari, Brazil.