Cannibus industry........i have questions
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  1. #1

    Cannibus industry........i have questions

    What lenders are funding these guys??? Also what are their requirements?

    Thanks in advance for your help.

  2. #2
    Senior Member Reputation points: 5036 DiamondBL's Avatar
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    - Real Estate with 30% Down is getting good LOI's and funding in this space.
    - Certain types of Equipment is a good route with the EQ lenders that get it
    - MCA if they have business bank accounts with very small # of funders
    - If they have good FICO they can go thru a FICO/Credit program.

    We would be happy to look at the CRE (commercial real estate) items.
    Most states OK
    Must have at least 30% down or equity on actual comparables (not randome numbers)
    Minimum loan amount ideally is 300K (but would really like $500K-$5Mil)
    Jonathan Kohanoff
    B.R.E. #01962090

    Diamond Business Loans
    Beverly Hills, CA 90211
    jon@diamondbl.com
    www.DiamondBL.com

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