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  1. #1

    Diirect lender for cannabis

    Who is a direct lender for cannabis MCAs? THX!

  2. #2
    Quote Originally Posted by ava712 View Post
    Who is a direct lender for cannabis MCAs? THX!
    We are. Get in touch.

    Our funding Criteria:

    - 5k minimum funding
    - 6 month Min.time in business
    - 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 for contract (VC & ID)
    - Docusign Contracts

    - We also offer asset/inventory/accounts receivable backed term loans/lines of credit. Not MCA based. Bankable rates.



    Michael Ross
    Lendbug
    New York, NY
    Mross@lendbug.com
    646-360-0411

  3. #3
    Senior Member Reputation points: 9802
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    Quote Originally Posted by ava712 View Post
    Who is a direct lender for cannabis MCAs? THX!
    My company is a direct funder and we do cannabis. They need to be in a state where it is legal and have a state chartered bank and not federal and we verify with the bank that they know what the business does.

    Scott Platto
    scott@tmrnow.com
    www.tmrnow.com

  4. #4
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Irvine, CA
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    TVT has a cannabis division
    Steve Benjamin
    Professional Business Loans

    1012 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.

  5. #5
    Senior Member Reputation points: 81655
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    Quote Originally Posted by ava712 View Post
    Who is a direct lender for cannabis MCAs? THX!
    Check with Fincann - New York - Nathaniel
    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

  6. #6
    Feel free to call or text, compare what we can do.

    Gabriel Moore
    ISO Funding Relations
    C: 347-771-2849

  7. #7
    Banned Reputation points: 573
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    Jun 2022
    Posts
    86

    we are direct lenders. with fast response's.
    Eugene@equitaadvance.com

  8. #8

    Try Supreme

    We fund dispensaries and all other cannabis-related businesses. Reach out at the info below
    We specialize in funding:
    Deals w prior Defaults
    "Over Leveraged" deals
    All Positions (as long as there is space)
    Low FICO scores
    and all other "difficult" deals

    To submit a file or to request an ISO Agreement, kindly email underwriting@supremefunding.net.
    I look forward to hearing from you.

    Rasheed Miller
    (917) 933-3095 (text or call)
    https://supremefunding.net/

  9. #9
    Senior Member Reputation points: 22201
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    Dec 2021
    Posts
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    Those that see enough Cannabis deals (FYI: Love funding the Vape related WHALE SIZE !! --On fire lately!)..... Would know that Capybara Capital swings BIG-TIME in this space. Sign-Up Email marcus@capybarausa.com
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

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