#Kennedy Funding #Ecuagarden Farms #Flower Distributor #Mejía

Kennedy Funding Expands Into Ecuador with $4.15 Million Land Loan

Kennedy Funding has recently made headlines with its latest venture into Ecuador through a substantial land loan amounting to $4.15 million. This initiative, aimed at Ecuagarden Farms, a prominent flower distributor, signals the company's commitment to enhancing agricultural productivity and international trade. The funding will specifically target property located in Mejía, in the Pichincha Province, further solidifying Kennedy Funding's presence in global markets beyond the United States.

A New Chapter for Ecuagarden Farms

Ecuagarden Farms, with a rich history spanning nearly 40 years, is well-known for its high-quality rose production and its efficiency as one of the largest exporters of flowers to the United States. The company has earned a robust reputation in the floral distribution industry, thanks to its 250 employees who diligently manage operations both in Ecuador and Florida. Their ability to produce flowers at high volume and distribute widely has established them as key players in the international floral sector.

In addition to wholesale distribution, Ecuagarden Farms operates a high-end retail outlet called Tanella's Flowers, located in the iconic Aventura Mall in Miami. With the new land loan, Ecuagarden plans to expand its operations on two separate properties in Ecuador, totaling 290 acres. This expansion aims to ensure that they can meet the growing global demand for fresh flowers.

The Role of Kennedy Funding

The broker leading this deal, Luciano Cuneo from LMC Alternative Business Capital in Miami, highlighted Kennedy Funding's unique position in the lending landscape. His confidence in the company stemmed from their extensive track record of successfully closing loans not just in the United States but also abroad. According to Cuneo, Kennedy Funding stands out as one of the few private lenders willing to work with foreign nationals and offer loans in foreign territories.

Mark Falzone, Executive Loan Officer at Kennedy Funding, emphasized the company's expertise in international lending.