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03-08-2019, 07:51 PM #1
Looking for Cannabis MCA Funder
Hey Guys,
I have a established Seattle cannabis/processor brand seeking capital for expansion. They are a core brand in Washington with several well established niche markets, good penetration, a solid team.
*They bank with a credit union
*And accept cash payments only
-Been in business since 2015.
-Last few months of statements the deposits fluctuate between $70K/mo to $100K/mo.
-Super strong beginning & ending balances.
-2017 tax return shows they grossed $1.4M.
-2018 taxes are in the process of getting done & should be around the same gross.
They sent me a use of funds with a total working capital request of $105K
Trying to get them max offer!Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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