Cannabis Deal
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  1. #1
    Senior Member Reputation points: 14746
    Join Date
    Sep 2019
    Posts
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    Cannabis Deal

    I have a merchant doing 100k monthly with no positions. Challenged personal credit but solid statements.

    Avg balance 20k

    Looking for 30-50k, but can't seem to get more than 20k offer. 150k worth of invoices so far in October.

    Anybody have a suggestion?

    Kyle
    216-470-1683
    kyle@capitalsourcegroup.com

  2. #2
    Senior Member Reputation points: 340530
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    Mar 2015
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    3,495

    WestCoast LOVES Cannabis.... He will ask for a ton of free samples and disappear into a bag of Frito's.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Banned Reputation points: 7556 cmarks's Avatar
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    Oct 2016
    Location
    Florida
    Posts
    189

    Quote Originally Posted by ghosthand View Post
    I have a merchant doing 100k monthly with no positions. Challenged personal credit but solid statements.

    Avg balance 20k

    Looking for 30-50k, but can't seem to get more than 20k offer. 150k worth of invoices so far in October.

    Anybody have a suggestion?

    Kyle
    216-470-1683
    kyle@capitalsourcegroup.com
    You will need more specifics on what they do. But heres a site with some companies:
    https://www.ganjapreneur.com/cannabis-business-loans/

  4. #4
    Senior Member Reputation points: 84417
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,976

    Quote Originally Posted by ghosthand View Post
    I have a merchant doing 100k monthly with no positions. Challenged personal credit but solid statements.

    Avg balance 20k

    Looking for 30-50k, but can't seem to get more than 20k offer. 150k worth of invoices so far in October.

    Anybody have a suggestion?

    Kyle
    216-470-1683
    kyle@capitalsourcegroup.com
    Call me , I have a funder that works with Cannabis/CBD/Hemp
    $150K Invoices, are they a wholesaler ?
    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
    LoanMe - we have no industry restrictions and all we need is 90 days in business. Call me to discuss 949 535 7203
    Jack Malone
    National Accounts Manager
    Office: 949-535-7798
    Direct: 949-535-7203

    Your home for Monthly payment loans

    1900 S State College Blvd. Suite 300 Anaheim, CA 92806
    www.loanme.com/smallbusiness

  6. #6
    Member Reputation points: 12
    Join Date
    Mar 2022
    Location
    San Diego
    Posts
    21

    FundCanna is a perfect home for this deal. We specialize in providing funding for the entire supply chain. Our appetite is up to 1M. Multiple draws and extremely flexible early payoffs. Please let me know how I can assist.

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

  7. #7
    Senior Member Reputation points: 227883
    Join Date
    Feb 2017
    Posts
    3,450

    Quote Originally Posted by FundCanna View Post
    FundCanna is a perfect home for this deal. We specialize in providing funding for the entire supply chain. Our appetite is up to 1M. Multiple draws and extremely flexible early payoffs. Please let me know how I can assist.

    Ryan Freitas | VP, Sales & Partnerships
    O: 844-420-FUND
    D: 619-354-2074
    C: 858-337-4330
    rfreitas@FundCanna.com
    Ryan, this is from 2019.

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