Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1

    Equipment lending for the MJ industry

    Looking for real Equipment lenders that can fund equipment purchases in the Marijuana industry. Looking for smaller and larger amounts. No MCA type lenders please, no brokers.

    Thank you!

  2. #2
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    I've looked into this, this is not so easy. Most of the equipment lenders have banks backing them and can't lend to that industry.

    You'd do better if you factored their AR if they're B2B. I can put you in touch with a direct lender (yes, lender) who can do it. Send me an email.

  3. #3
    Senior Member Reputation points: 5036 DiamondBL's Avatar
    Join Date
    Oct 2015
    Location
    Beverly Hills, CA
    Posts
    203

    Not as easy as it sounds- Depends on the equipment type and what they actually do for the EQ lender to get involved....
    Jonathan Kohanoff
    B.R.E. #01962090

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

  4. #4
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,854

    Quote Originally Posted by wize111 View Post
    Looking for real Equipment lenders that can fund equipment purchases in the Marijuana industry. Looking for smaller and larger amounts. No MCA type lenders please, no brokers.

    Thank you!
    How do you define small and larger amounts?

    I have developed a relationship with an Investment Banker that has indicated a willingness to invest
    in the Cannabis Industry (NOT Growers)

    BTW - I'm a Broker

    Call me @ 727-233-1111
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  5. #5
    Member Reputation points: 12
    Join Date
    Mar 2022
    Location
    San Diego
    Posts
    21

    FundCanna can provide access to capital for equipment purchases in the Marijuana, Cannabis, Hemp, and CBD industry. Feel free to reach out.

    Ryan Freitas | VP, Sales & Partnerships
    O: 844-420-FUND
    D: 619-354-2074
    C: 858-337-4330
    rfreitas@FundCanna.com

  6. #6
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,082

    LendSpark funds equipment for the cannabis industry. Usually 1 - 3 year terms. Aelita, Steve, https://www.lendspark.com/
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

Similar Threads

  1. Equipment Finance - Truck Industry
    By FundingPanda in forum Business Loans
    Replies: 1
    Last Post: 10-03-2018, 08:06 AM
  2. Replies: 7
    Last Post: 12-08-2017, 02:54 PM
  3. Replies: 5
    Last Post: 05-03-2016, 11:26 AM
  4. Replies: 5
    Last Post: 02-10-2015, 05:14 PM
  5. Replies: 36
    Last Post: 05-07-2014, 03:23 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY