Where does Kalamata Capital do business?
Kalamata Capital is a direct lender based in Bethesda, MD. It was founded in 2013 and offers access to business loans in state across the USA..
Does Kalamata Capital charge an origination fee?
Yes, Kalamata Capital charges a loan origination fee starting at $525
What limitations does Kalamata Capital set on the purpose of the loan?
Some lenders only provide business loans for certain purposes. Kalamata Capital offers considers loan applications for the following reasons:
- Equipment purchase
- New location
- Product or service expansion
- Working capital
- Business debt refinance
What types of business loans does Kalamata Capital offer?
Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Kalamata Capital provides access to the following business loan types:
- Unsecured term loans
- Secured term loans
- SBA loans
- Invoice financing
- Merchant cash advances
Does Kalamata Capital charge a late fee?
No, Kalamata Capital will not charge you a late fee. Yes, Kalamata Capital charges borrowers with a late payment fee.
Does Kalamata Capital charge prepayment fees?
Yes, Kalamata Capital charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.
How much can you borrow from Kalamata Capital?
Loan amounts start at $25,000 and go up to $750,000.
What is the maximum loan term you can get with Kalamata Capital?
Kalamata Capital offers business loans with terms ranging from 6 to 15 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What do you need to qualify for a loan with Kalamata Capital?
Applicants with a credit score of at least 580 can apply for a loan via Kalamata Capital.
Kalamata Capital requires businesses to be in business for at least 12 months in business. Active duty servicemembers and their covered dependents are eligible to apply for a loan via Kalamata Capital. Its rates and terms fall within the limits of The Military Lending Act.
Only U.S. citizens and permanent residents can apply for a loan.
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7315 Wisconsin Avenue
East Tower, Suite 950
Bethesda, MD 20914 USA
- Visit Site
- Active Duty Military
- Military Dependent
- U.S. Citizen
- U.S. Permanent Resident
- Employed Full-Time
- Employed Part-Time