Results 1 to 15 of 15
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08-06-2022, 05:01 PM #1
- Join Date
- Mar 2022
- Posts
- 1
Looking for Cannabis lender ASAP
I have a client whose grossing 500k monthly through 2 rec mj dispensaries in WA.
-No positions
-620 experian
-2016 start date on both
Has an offer for 380k for 12 months from Cannabis Business Resources
Who can give a better offer here? can someone point me in the right direction here any suggestions?
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08-06-2022, 06:19 PM #2
TVT has a cannabis division.
https://cannabusinessresources.com/Last edited by Olderguy; 08-06-2022 at 08:00 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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08-08-2022, 07:07 AM #3
- Join Date
- Feb 2017
- Posts
- 3,425
Steve, he was asking for a funder/lender that's not TVT/CBR. Lara, shoot me an email, there are several. And if not, there are other opportunities how to monetize cannabis. If you have a relationship especially.
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08-08-2022, 08:48 AM #4
Micah....please enlighten me then as I have had excellent offers from TVT. If there are better options I'd welcome the information.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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08-08-2022, 09:24 AM #5
- Join Date
- Feb 2017
- Posts
- 3,425
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08-08-2022, 10:48 AM #6
- Join Date
- Aug 2022
- Posts
- 3
Accidental post
Last edited by Cristiancr57; 08-08-2022 at 10:50 AM. Reason: Accidental post
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08-08-2022, 11:34 AM #7
- Join Date
- Apr 2022
- Location
- New York
- Posts
- 78
Can do a 2nd on this if that gets funded
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08-08-2022, 11:49 AM #8
- Join Date
- Nov 2019
- Posts
- 675
!2 month term for a cannabis company is a pretty good term. You need to ask the merchant if he needs money this one time or will need money on a more regular basis. If he needs money regularly then a 12 month term will not be a great term for him. If he goes longer then he will not get more money when he needs it and when he renews he will get double dipped on the old balance and the term is cut in half or he will have to stack. You can pitch him a shorter term that works like a line of credit taht once he pays down around 50% of the deal my company will just add the new money to the end of the old balance there payment stays the same and they use the new money while the old balances finishes getting paid off.
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08-08-2022, 11:58 AM #9
- Join Date
- Dec 2021
- Posts
- 637
At capybara we fund lots of Cannabis ....I don't think we can beat the 12Mo. but we are known as the funding group that makes LARGER-OFFERS. Sign-up today
marcus@capybarausa.comMarcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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08-09-2022, 06:29 PM #10
- Join Date
- May 2022
- Posts
- 98
We do Cannabis. Send it over.
Our funding Criteria:
- 5k minimum funding
- B, C, D paper
- Offers not based on credit score - low credit ok
- Response time (realistically) as low as 60 minutes
- 1st - 5th position - Up to 38% withhold of net deposits
- As low as 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips (VC,ID,POO)
- Docusign Contracts
- Commission paid after 1st debit clears (4 days)
Michael Ross
Lendbug
New York, NY
Mross@lendbug.com
646-360-0411
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08-24-2022, 07:04 PM #11
- Join Date
- Aug 2022
- Posts
- 5
FundCanna offers working capital and vendor finance loans for the Cannabis Industry
Sabrina Alvarado | National Account Executive
FundCanna.com - We provide Cannabis Loans to the entire supply chain
619.349.4578
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08-25-2022, 10:09 AM #12
- Join Date
- Jul 2022
- Location
- NYC
- Posts
- 34
we fund Cannabis companies and all other high risk merchants!! Gary@infusioncapital.org
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08-26-2022, 04:16 PM #13
- Join Date
- Aug 2022
- Posts
- 5
FundCanna offers unsecured working capital loans to the Cannabis industry
Sabrina Alvarado | National Account Executive
FundCanna.com - We provide Cannabis Loans to the entire supply chain
619.349.4578
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09-20-2022, 02:08 PM #14
- Join Date
- Sep 2022
- Posts
- 17
hey please give me a call I
Would love to work with you
Asher Klien
InstaFund Advance
asher@instafundadvance.com
347-377-0223
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10-14-2022, 05:25 PM #15
- Join Date
- Mar 2021
- Posts
- 1
Are you still looking?
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