KDM Financial approved as a third-party SBA lender

Company Now Serving Under Resourced Small, Medium Sized Business Often Turned Away by Traditional Banks or Forced to Turn to Opportunistic Hard Money Lenders

MIAMI – April 20, 2023 – KDM Financial, a national commercial real estate finance firm that offers fixed rate loans up to $100 million for multifamily, office, retail, mixed use, self-storage, industrial, and other select property types, today announced that it has been approved as a registered third-party lender able to partner with SBA certified development companies. The new designation allows the company to improve outcomes for small, medium, and minority business owners who would not otherwise have access to affordable loans.

As an approved third-party SBA lender, KDM Financial is now able to assist the underserved owner-operator and small to medium-sized business market. This under-resourced segment of the marketplace, the driving engine of our country’s economy, is often turned away by traditional banks or forced to turn to opportunistic hard money lenders charging incredibly high interest rates that keep these businesses from flourishing. The approval means KDM is now able to positively impact these owners, their businesses, and ultimately, our local communities by offering reasonable rates and becoming a catalyst for new business.

“KDM Financial’s goal is to help business owners get out of high-interest private mortgages and into a more traditional SBA program,” said KDM’s President Holly MacDonald-Korth. As a company, one of our core values is helping people improve their financial standing while positively impacting their company’s profitability. We want to help them advance their business goals. This, in turn, benefits the entire community.” 

KDM’s SBA loan program offers long-term, fixed rate financing for major fixed assets to help grow businesses and create jobs. The company provides flexible institutional capital as a common-sense lending partner and manages borrowers through the entire loan life cycle. In conjunction with a CDC, KDM’s SBA program can offer loan amounts up to $10 million. Highly qualified borrowers may be eligible for a 504* blended rate program with CLTVs of up to 90%.

To qualify, eligible businesses for a 504 loan must:

•    Operate as a for-profit company in the United States or its territories
•    Have a tangible net worth of less than $15 million
•    Have an average net income of less than $5 million after federal income taxes for the two years preceding your application