Phone: 201.712.0042
Address: 5 Highland Road, Montvale, NJ 07645
Website: http://www.ksicapital.com
Email: [email protected]
States They Lend In: New Jersery
TERM:
Flexible loan term ranging from 1-5 years
PREPAYMENT:
Loans may be repaid at any time without penalty.
USE OF PROCEEDS:
Loans are made for business purposes only.
LOAN TO VALUE:
Loan amounts can be up to 50-75% of the market value of the collateral, based on the estimated cash sale price given a 90-120 day marketing time. If the loan is used for renovation or construction, the loan amount can be based on the improved value, and would be disbursed in stages.
RATES:
Rates vary from 12-15% per annum, interest only, depending upon collateral and loan structure. Internationally, rates vary from 12-18%, depending on country.
EQUITY:
In lieu of equity participation, a fee to be agreed upon may be included in the loan.
LOAN SIZE:
From $1 Million to $50 Million nationally. Must be at least $3 Million
for international loans.
COLLATERAL:
Real estate and other fixed or liquid assets.
Our loan program offers many advantageous benefits, suited to your personal business needs:
•Super Fast Turn-Around
•2 Days for Commitment
•As Fast as 10 Days for Closing
•Up to 65% Loan-to-Value Ratio
•Commercial Property Acquisitions and Refinancing
•Development and Construction
•Bank Workouts
•Bankruptcies & Foreclosures
•Loan terms from 1 to 5 years
PREPAYMENT:
Loans may be repaid at any time without penalty.
USE OF PROCEEDS:
Loans are usually made for business purposes.
LOAN TO VALUE:
Up to 65% of the market value of the collateral. Market value is defined as the period of time (4-6 months) needed to consummate a sale to a cash buyer. If loan proceeds are to be used for renovation or construction, the loan amount can be based on improved value. Proceeds will be disbursed in stages.
RATES:
Rates vary from 12-18% per annum, interest only.
FACILITATION FEE:
In lieu of equity, a fee of 7 to 10% of the loan amount may be included in the loan.
LOAN SIZE:
From $1 million to $50 Million.
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