Results 1 to 5 of 5
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05-24-2020, 01:11 PM #1
- Join Date
- Dec 2013
- Posts
- 20
5M / 1Y / amortizing or interest only 12% max.
Looking for a lender that can do a $5M 1 year amortizing or interest only loan at 10-12% max. in the federally legal Hemp for CBD sector. Possibility to collateralize with finished products (skin creams, topicals, tinctures, etc.) eg. inventory loan. Annual sales >50M+, EBITDA 5M+ No brokers please.
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05-25-2020, 05:40 AM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,946
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
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05-28-2020, 09:41 AM #3
- Join Date
- Dec 2013
- Posts
- 20
Dave,
#1. Because I found direct lenders on this platform before.
#2. I know - no need for tutoring.
#3. Do you have lenders who can, if approved do +/-10% one year money all commissions included, Yes or No? Easy question.Last edited by wize111; 05-28-2020 at 09:45 AM.
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05-28-2020, 10:58 AM #4
- Join Date
- Jun 2017
- Posts
- 2,049
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05-28-2020, 11:51 AM #5
- Join Date
- Dec 2013
- Posts
- 20
Ryan,
Correct! But the extracted non-psychoactive cannabinoids (ex. CBD/CBG), tinctures, salves, edibles, etc are not fully regulated by the FDA yet. Thus a lot of resistance at national banks, CC processors, insurance companies, lenders, etc..
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