Construction Loans-Private Equity Funding-Financial Instruments. Done Right
Thinking outside the Box
Construction Loans-Private Equity Funding-Financial Instruments. Done Right
Thinking outside the Box
About Us
Project Funding at its Best
For over twenty years, King Capital Group has provided clients like you with the right funding packages for their Construction projects. Our asset partners have entrusted us with utilizing their vast asset base to provide capital for projects around the world that will enhance the lives of others.
Completed Projects
Luxury Hotel/Resort Development Project
$206,000,000 USD - North America
Waste to Energy Development Project
$500,000,000 USD - South Asia
Airport Renovation Project
$135,000,000 USD - Europe
Affordable Housing Development Project
$30,000,000 USD - South America
Urban Development Real Estate Project
$75,000,000 USD - South America
Your Choice of Funding Products
With Debt Funding packages & Equity Funding packages, or a combination of both. We have the right package for your Construction Loan and Equity Funding needs.
Minimum funding amount - $100,000,000 USD
Fresh Cut Financial Instruments
We are also able to provide Fresh Cut Financial Instruments from the TOP BANKS in Europe and the USA at the best prices. Please contact us directly for prices and closing procedures.
Commission guaranteed
Why Us?
At KCG, we will cater our packages to best meet your needs. Whether to meet a tight funding timeline. Or to provide you with a reasonable grace period to start repaying your loan. We will endeavor to have our funding packages fits your funding needs.
Ongoing Projects
Affordable Housing Development Project $1.3 B USD - Caribbean
International Financial Institution Loan $1.25B USD - Africa
Solar Energy Generating Project $500M USD
- South America
Smart City Development Project $3.5B USD
- Africa
Collateral Conversion Procedure
- 1) The potential client provides a summary of the project(s) to be funded.
- 2) KCG informs the client or broker agent that we are RWA to provide the capital requested and outlines the Collateral Conversion Cost.
- 3) Client then sends a formal letter of request, including the following:
- a. CIS
- b. Corporate Resolution
- c. Passport of the signatory
- d. Proof of Funds for the collateral conversion cost
- 4) KCG prepares a Letter of Commitment and sends it to the client.
- 5) Client signs and returns the Letter of Commitment.
- 6) The Escrow agreement is then completed, outlining when the collateral conversion cost will be released to KCG or the asset owner.
- a. Conditions under which escrow funds are released.
- i. KCG provides the client with a Corporate Invoice in the amount of the collateral conversion cost.
- ii. KCG provides the client with a Notarized Refund Undertaking for the collateral conversion cost
- iii. KCG provides the client with a Statement of account from the asset owner, confirming the existence of the gold at Barclays Bank London or another financial institution, to complete the transaction.
- iv. KCG provides the client with a Redacted copy of the agreement between KCG and the asset owner to transfer ownership of the gold to complete the transaction.
- 7) The escrow funds are released to KCG or the asset owner.
- 8) Preparation and issuing of the collateral takes approximately 15 banking days.
- 9) Once the collateral has been issued, a meeting with all the parties will be held at Barclays Bank London to complete the funding process.
- 10) Additional funding (if required) will be provided, as per the funding schedule outlined in the Letter of Commitment.
Usage of the Collateral Conversion Cost
The “Collateral Conversion Cost” is not utilized by King Capital Group, its associates, or any intermediary in the transaction. The fee is the cost charged by Barclays Bank London to issue the collateral for the loan that our clients are seeking. Barclays Bank London is also the Bank that will be overseeing the transaction. This is their charge to create the Collateral (much like an Insurance Wrap) and to oversee the transaction.
This type of Collateralization includes the legal transfer of the underlying asset from the asset owner to King Capital Group or the client (if allowed by KCG and the asset owner). It includes the activation of the asset within the bank, informing all the relevant International Bodies of the transfer of the underlying asset, and the proper documentation of all the above. As you are aware from your dealings with your banks, banks do not provide such a level of service without charge. Thereby, the “Collateral Conversion” cost is required to be paid to the bank before it commences the process.
Frequently Asked Questions
- Q. Is KCG the current owner of the underlying asset?
- A. No. KCG is not the current owner of the underlying asset. But at the appointed time the asset will be legally transferred to KCG, or if allowed to our client.
- Q. Is KCG legally appointed to negotiate on behalf of the current asset owner?
- A. Yes. KCG and its associates are legally appointed to negotiate on behalf of the current asset owners. And at the appointed time, confirmation of such will be provided.
- Q. Can the Collateral Conversion Cost be deferred to the end of the transaction?
- A. No. The Collateral Conversion Cost cannot be deferred to any point in the transaction other than what is outlined in the procedures.
- Q. Is the asset owner ever involved in the transaction?
- A. Yes. The asset owner is involved in the transaction. And at the appointed time, as per the procedure, a meeting with the asset owner will be arranged.
- Q. What type of transaction will KCG provide funding for?
- A. KCG will provide funding for all types of projects that serve to improve the lives of all people. Send us your projects, and we will let you know what we can do.
Testimonials
"KCG has funded three projects for us over the past 11 years, and we have been very please with Mr. Atkinson and his team's efficiency and professionalism. I have and will continue to recommend KCG to others in need of capital" - G. Thompson
"We had been looking for funding for our affordable housing project for a while. And with the current financial crisis, we thought that we would not be able to find funding. But King Capital Group was able to provide the funding we are looking for." - D. Mendes
"We understood that our project required some form of alternative financing. Our bank was not going to fund this one. So when our broker introduced us to KCG, we were skeptical. It took us a while to get comfortable with their procedures and processes. But once we were able to conduct our due diligence and had the safeguards in place, we were able to move forward to get the collateral we needed to get the funding we required". G. Ribeiro