Results 1 to 14 of 14
Threaded View
-
09-10-2013, 08:47 AM #4
- Join Date
- Dec 2012
- Posts
- 116
Rapid has funded around 10 medical marijuana establishments over the years. One of the issues is federal taxation - the IRS doesn't allow any deduction for "cost of goods sold" for illegal products. You also have to look at how close the establishment is to a school and what the prevailing enforcement actions are at the federal and state levels to assess your risk.
Law offices and collection agencies? I wouldn't want to try to collect on those businesses. Stay away from payday lender storefronts also, they are state regulated and can be shut down by the state without notice.
Similar Threads
-
Everest business funding
By Michael Steinberg in forum Merchant Cash AdvanceReplies: 5Last Post: 06-19-2015, 01:35 PM -
Offers on USA businesses only and subject to final approval by "NOW Business Funding"
By royvolkan in forum PromotionsReplies: 5Last Post: 09-19-2013, 02:07 AM -
What's the Skinny on Horizon Business Funding?
By Chambo in forum Merchant Cash AdvanceReplies: 8Last Post: 03-25-2013, 05:25 AM