Cannabis / Hemp
Need a Funder or Vendor? START HERE

Results 1 to 20 of 20
  1. #1
    Senior Member Reputation points: 3366 Accord Business Funding's Avatar
    Join Date
    Feb 2016
    Location
    Houston, Texas
    Posts
    152

    Cannabis / Hemp

    Asking for an ISO partner. Cannabis and hemp related merchants are outside of Accord's box. Suggestions on direct funders who funds this industry? Thanks in advance.
    Kevin Dinh

    3131 Eastside Street, Suite 350
    Houston, TX 77098
    P: 713-322-9743
    Email: kdinh@accordbf.com
    Web: https://go.accordbf.com/DF-Partners/

  2. #2
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Mantis ! Once on topic we now fund the file hours after the submission !
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
    CDG funds these businesses as long as they are in recreational/legal states

  4. #4
    RDM is funding in the cannabis space, please feel free to reach out to me with any questions.
    Avraham Sharaby
    Director of Business Development

    Fintap
    777 Passaic Ave, Suite 375
    Clifton, NJ 07012


    Phone: 973-500-6692
    Cell: 443-416-2765

    Asharaby@Fintap.com
    www.Fintap.com

  5. #5
    Noob Reputation points: 57
    Join Date
    Aug 2019
    Location
    New York , New York
    Posts
    1

    High Five Funding Does. Feel free to reach out to me with any questions.
    Last edited by samatha@highfivefunding; 08-26-2019 at 12:47 PM. Reason: add sig

  6. #6
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    336

    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  7. #7
    We Love these deals, send to deals@mainstreetcash.com

  8. #8
    Radium2capital--has funded several Cannabis related companies.
    dshollock@radium2capital.com for more info.
    -Dave

  9. #9
    Banned Reputation points: 7898
    Join Date
    May 2016
    Posts
    90

    Quote Originally Posted by asharaby View Post
    RDM is funding in the cannabis space, please feel free to reach out to me with any questions.
    ALL,

    What types of terms, factors,fees, etc are the cannabis/hemp deals you funded??
    Are they plant touching operators or what exactly?

  10. #10
    Senior Member Reputation points: 5036 DiamondBL's Avatar
    Join Date
    Oct 2015
    Location
    Beverly Hills, CA
    Posts
    203

    We are looking at and funding the Real Estate and Equipment transactions.
    MUST have 30% down (at minimum).
    Loan Amount for equipment MUST be over 50K per item (not a total of 50K for various items in an invoice)
    Rates on Equipment range form 10-20% annual 2-5 year term.
    Real Estate MUST have a loan amount minimum of over 1Mil nationwide and if in California we would consider 500K+ loan amount (again at a max LTV of 70%).
    Rates on Real Estate range from 8-15% annual terms vary greatly.
    Last edited by DiamondBL; 08-26-2019 at 03:49 PM. Reason: added rates
    Jonathan Kohanoff
    B.R.E. #01962090

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

  11. #11
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    I just funded one of these about a month ago for 1.3m, amongst others but this happened to be the largest I've done. Please feel free to have them reach out if I can be of any help here.

  12. #12
    Banned Reputation points: 7898
    Join Date
    May 2016
    Posts
    90

    Quote Originally Posted by Anthony@fundry View Post
    I just funded one of these about a month ago for 1.3m, amongst others but this happened to be the largest I've done. Please feel free to have them reach out if I can be of any help here.
    details of the pricing??

  13. #13
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    1.3m 1.35 8 months on a weekly. Iso made 4 points on the funded here. Everyone knows our pricing, but when you have a clean enough deal that calls for lower rates and longer than our normal term we will go outside the box to get it done. Stips on the deal were DL, VC, EIN doc, and AR report.

  14. #14
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    We do too
    ---
    Bill Doody
    Round Table Financial
    Business Development Officer
    bill@rtfinancialgroup.com
    C: (949) 444-3346

    www.rtfinancialgroup.com

  15. #15
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    Quote Originally Posted by Anthony@fundry View Post
    1.3m 1.35 8 months on a weekly. Iso made 4 points on the funded here. Everyone knows our pricing, but when you have a clean enough deal that calls for lower rates and longer than our normal term we will go outside the box to get it done. Stips on the deal were DL, VC, EIN doc, and AR report.
    Holy ****.

  16. #16
    Senior Member Reputation points: 32977
    Join Date
    Dec 2017
    Posts
    238

    Quote Originally Posted by Anthony@fundry View Post
    1.3m 1.35 8 months on a weekly. Iso made 4 points on the funded here. Everyone knows our pricing, but when you have a clean enough deal that calls for lower rates and longer than our normal term we will go outside the box to get it done. Stips on the deal were DL, VC, EIN doc, and AR report.
    Now we know. Thanks Anthony.

  17. #17
    Quote Originally Posted by Anthony@fundry View Post
    1.3m 1.35 8 months on a weekly. Iso made 4 points on the funded here. Everyone knows our pricing, but when you have a clean enough deal that calls for lower rates and longer than our normal term we will go outside the box to get it done. Stips on the deal were DL, VC, EIN doc, and AR report.
    what AR did they have?

  18. #18
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    Quote Originally Posted by FOIE GRAS View Post
    what AR did they have?
    Now that I'm looking back we didn't even stip and AR here, just assumed we did because we usually ask for it on deals of this size. Stips were DL, VC, and EIN doc.

  19. #19
    we do all day, send to deals@mainstreetcash.com

  20. #20
    Senior Member Reputation points: 52185 ADiamond's Avatar
    Join Date
    Apr 2014
    Location
    New York City
    Posts
    891

    Quote Originally Posted by Kevin Dinh View Post
    Asking for an ISO partner. Cannabis and hemp related merchants are outside of Accord's box. Suggestions on direct funders who funds this industry? Thanks in advance.
    TVT Capital has been funding Cannabis / CBD companies non-stop. We don't just say we do - we actually do! LOL!

    Email me to discuss anthony@tvtcapital.com
    Anthony Diamond
    Underwriter

Similar Threads

  1. Large Hemp Processing Opportunity
    By Djhouse995 in forum Deal Bin
    Replies: 6
    Last Post: 07-24-2019, 07:01 PM
  2. We Accept CBD/Cannabis/Hemp Business Owners!
    By Yankeeman07 in forum Payment Processing
    Replies: 0
    Last Post: 05-04-2019, 08:47 PM
  3. MCA lenders that do hemp manufacturers?
    By Red in forum Merchant Cash Advance
    Replies: 7
    Last Post: 10-17-2018, 12:24 PM
  4. Factoring for cbd/hemp industry
    By Anthony@torro in forum Deal Bin
    Replies: 4
    Last Post: 09-17-2018, 01:14 PM
  5. Industrial Hemp
    By Karen37a in forum Deal Bin
    Replies: 11
    Last Post: 05-05-2017, 10:00 AM


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

iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down
Fed penalizes Evolve Bank


DIRECTORY