Posted on Mar 05, 2019
ACNB Bank recently assisted K & S Capital in the $9.25 million purchase of a 297,000 square-foot industrial property in Hagerstown. Blind Industries and Services of Maryland utilizes the building for the manufacturing and distribution of paper products and employs over 600 associates, many of whom are blind or visually impaired.
Founded in 2014 and headquartered in Baltimore, K & S Capital focuses on the acquisition of Class B and C warehouse and industrial buildings located in Central Maryland. “Brendan Harman at Mackenzie Capital connected me with Neil Brownawell, ACNB Bank Senior Vice President/Baltimore Market Executive, for this loan and assisted with the loan negotiations,” says Adam Khosh, Principal of K & S Capital, LLC.
“K&S Capital chose to finance with ACNB Bank because of their quick response to our loan request, terms we received from the bank and the growth we anticipate having with our new banking partner as our company continues to expand. I was very impressed with the speed of the loan approval process. Neil Brownawell was very transparent with the action steps and timing, which enabled us to secure the deal ahead of our competitors. Neil also provided assistance in setting up our ACNB Bank business accounts and treasury management services, so we could focus on collecting rent once we completed the loan closing.”
“At ACNB Bank you won’t feel like just another client. I would recommend contacting ACNB Bank if you’re looking for a banking relationship to help you grow your business. At ACNB Bank you feel like it’s your bank,” Mr. Khosh added.
To explore your financing options with a community bank that customizes its solutions to meet your unique business needs, click here or call 1-888-334-ACNB (2262). Reach Neil Brownawell directly at 443.974.5532.
Photo: Neil Brownawell, ACNB Bank Senior Vice President/ Baltimore Market Executive and Adam Khosh, Principal of K & S Capital, LLC