Kirsten Turner Consulting

Can you guarantee that my Project will be funded?

KTC does not, and indeed cannot, guarantee that all loan applications will be successfully funded. This is because successfully sourcing any loan is dependent more on the borrower’s track record & experience as well as the project’s innate potentials than on the Intermediator’s expertise and knowledge. However, if we accept your project and did our

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How long will it take to close?

Once a project is approved by a lender/investor, it depends entirely upon the speed with which a client conforms to any additional request for documentation from the funder. This process can take as little as a few weeks or up to 60 to 90 days.

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What type of Projects do you finance?

All legally permissible and commercially viable projects will be financed. Different funders have preferences for certain types of projects. We will put in your loan request to funders best suited to financing your type of project.

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What are the Minimum and Maximum Amounts that can be borrowed?

KTC cannot obtain funds for projects valued less than NG N50million for local loans and the US $1.0million for foreign loans. There are no upper limits.

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How do you charge for your services?

As is the universal practice, we work on a tariff schedule. However, this is a Success Fee due only when we successfully clinch funding on our client’s behalf. The fee ranges from1% – 4% of the funding value; the percentage sliding down as the loan amount increases.

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Does KTC Charge an Application/Retainer fee?

For local loans, KTC does not charge any Application/Retainer fees where it prepared the Business Plan/Feasibility Study Report in support of the loan application. Otherwise, incidental charges for project review & repackaging would apply. Note that some lenders would require the payment of certain pre-disbursement fees before loan funds are released to the loan applicant.

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Does Kirsten Turner Consulting lend money?

As a management consultancy organization, we “match-make” i.e. bring together businesses seeking funds and lenders with the requisite funds. We are not lenders. We work with both local and international funding agencies – investment/merchant bankers, commercial banks, private equity investors, multilateral agencies, etc. to raise appropriately priced funds for you. The advantage in working with

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