SuperMoney
  Kalamata Capital Small Business Loans

Kalamata Capital Small Business Loans

in Business Loans from Kalamata Capital

Unaffiliated

Kalamata Capital Small Business Loans

Unaffiliated

in Business Loans from Kalamata Capital

Net Recommendation Score -100

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Rating not yet determined  

0 users recommend
0 users are unsure
1 user doesn't recommend
Cast your vote

Would you recommend Kalamata Capital Small Business Loans to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating

Rating not yet determined  

Loan Amount Up to $750,000
APR 20% - 100%
Loan Term (Months) 6 - 60 months

Kalamata Capital Small Business Loans Review

Kalamata is a business financing offering by Kalamata Capital, based in Bethesda, MD. Founded in 2013, Kalamata Capital offers access to small business loans in 50 states (and Washington, DC).

Kalamata FAQ

What are Kalamata’s rates?

Kalamata offers a business financing product that ranges from 20% APR up to 100% APR.

Does Kalamata charge an origination fee?

Yes, Kalamata charges a loan origination fee starting at $525

What limitations does Kalamata set on the purpose of the business loan?

Kalamata considers business loan applications for business purposes, such as:

  • Business Debt Refinance
  • Equipment Purchase
  • Hiring
  • Inventory
  • Lease Improvement
  • New Location
  • Payroll
  • Product or Service Expansion
  • Technology Investment
  • Working capital

What types of small business loans does Kalamata offer?

Not all small business loans are made equal. The type of business loan you choose will determine the range of interest rates and terms you receive. Kalamata provides access to the following business loan types:

  • Unsecured Term Business Loans
  • Secured Term Business Loans
  • Lines of Credit
  • SBA Loans
  • Merchant Cash Advances

Does Kalamata charge prepayment fees?

Yes, Kalamata charges additional fees to borrowers who pay off their small business 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 business loan early.

What is the maximum business loan term you can get with Kalamata?

Kalamata offers small business loans with terms ranging from 6 to 60 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 Kalamata Capital Small Business Loans?

Kalamata Capital Small Business Loans requires companies to be in business for at least 12 months. Businesses must have a minimum annual revenue of $22,500 to be considered.

Applicants with a credit score of at least 580 and up to 850 may be eligible for Kalamata Capital Small Business Loans.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Kalamata Capital Small Business Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Kalamata Capital Small Business Loans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Proof of income
  • Proof of identity
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Other Services by Kalamata Capital

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Origination Fee ($) Starting at $525
Credit Score Range 580 - 850
Employment Statuses Considered Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Non-Military
  • Veterans
Minimum Months in Business 12
Minimum Revenue $22,500
Verification Documents Required
  • Proof of Identity
  • Proof of Income
Loan Amount Up to $750,000
APR 20% - 100%
Loan Term 6 - 60 months

Kalamata Capital Small Business Loans Community Reviews

 

Would you recommend Kalamata Capital Small Business Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by

Other Business Loans