Marijuana Lenders??? Do you work with them? How do they pay and work?
Need a Funder or Vendor? START HERE

Results 1 to 20 of 20

Hybrid View

  1. #1
    Senior Member Reputation points: 39760
    Join Date
    Oct 2014
    Location
    Naples, FL
    Posts
    474

    Quote Originally Posted by Yankeeman07 View Post
    Additional info on why credit card processing is a not allowed for Cannabis

    https://cannabusiness.law/new-law-re...and-cbd-vapes/
    Telling people they "can't" do things, is a crab mentality. YOU, can't do it ...but it's being done legally via workarounds.

  2. #2
    Senior Member Reputation points: 227882
    Join Date
    Feb 2017
    Posts
    3,429

    Quote Originally Posted by Steven_O View Post
    Telling people they "can't" do things, is a crab mentality. YOU, can't do it ...but it's being done legally via workarounds.
    What Steve said!

  3. #3
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,952

    Quote Originally Posted by Steven_O View Post
    Telling people they "can't" do things, is a crab mentality. YOU, can't do it ...but it's being done legally via workarounds.
    IF it was legal - we would not need "workarounds" I challenge to to contact the Risk Department of any of the Top Tier Processors and ask a simple question.
    Do you board Cannabis?

    1)FIS
    2)FISERV
    3)Global Payments
    4)EVO
    5)The Blackstone Group
    6)US Bank
    7)J.P.Morgan Chase
    8)Nuvei
    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

  4. #4
    Senior Member Reputation points: 39760
    Join Date
    Oct 2014
    Location
    Naples, FL
    Posts
    474

    Quote Originally Posted by Yankeeman07 View Post
    IF it was legal - we would not need "workarounds"
    ...workarounds aren't about legality, they are a barrier to entry for a market that is controlled by a select few who seek to dominate the market space quickly to be the #1 leader in the space... i'm going to leave this conversation there...

    I love ideas, planning, strategic things... I should've been a lawyer.

  5. #5
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,952

    We don't need more lawyers That's whom screwed up Elavon/US Bank - We were rocking along until the legal beagles became involved.
    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

Similar Threads

  1. Looking for Lenders that will work REAL D PAPER
    By Creative Lender in forum Deal Bin
    Replies: 10
    Last Post: 05-06-2019, 09:43 PM
  2. Replies: 0
    Last Post: 05-17-2017, 05:17 PM
  3. Replies: 27
    Last Post: 05-10-2017, 10:48 AM
  4. Which lenders work after hours and provide offers and contracts
    By PrinceofMCA in forum Merchant Cash Advance
    Replies: 1
    Last Post: 10-24-2016, 10:36 AM
  5. How many lenders do the smaller ISO's work with?
    By pfalconemca in forum Merchant Cash Advance
    Replies: 28
    Last Post: 06-24-2015, 12:04 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

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY