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11-14-2023, 04:18 PM #1
- Join Date
- Jun 2023
- Posts
- 21
Cannabis MCA?
Question... any aggressive funders in the Cannabis space?? Roughly avg of 150k in deposits per month.. (200k+ some months but had a low Sep). 2-4 deposits per month from clients .
Please advise
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11-14-2023, 08:46 PM #2
Bro:
Looks like you are a recent member here.
I just hate to see you spend time on this and have others maybe post up options.
The guy just doesn't qualify.
One major deposit a month.
And he wants a minimum of $300,000
The broker who sent it to me couldn't get him any decent offers.
(His best offer was $30,000)
And he's been in the business 10+ years.
Just trying to save you some time and trouble.
Please take it in the spirit it is offered.
And as a final note, when you get a file, you always want to find out the merchant's expectations. Had they said minimum of $300,000 you would know right away that the file wasn't worth putting any time into.Last edited by Olderguy; 11-14-2023 at 09:22 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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11-15-2023, 10:16 PM #3
My lender was pulling up both companies and wonder if this is one of them.
Yup same owner David Baker
https://opencorporates.com/companies.../E0306792018-6Last edited by Olderguy; 11-18-2023 at 02:07 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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11-18-2023, 05:11 PM #4
- Join Date
- Jun 2023
- Posts
- 21
Please remove the owners name from the post thank you
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