Need equipment for MMJ warehouse
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  1. #1

    Need equipment for MMJ warehouse

    Good friend owns a medical marijuana dispensary in Colorado, he needs 60k+ in lighting for their warehouse expansion.

    -they do 110k a month with 40k+ balances, 50+ deposits a month in the bank account
    -about 5 years in business (one of the oldest and most reputable shops in Denver)
    -2 owners one has ok credit ~600 the other has good credit around 700

    they are also one of the few that have a merchant processing account and they have even been moved OUT of the high risk category (allegedly), their rates are pretty darn good but i'm looking to get that switched out too, he needs a new machine anyhow

    so the question is...can i get this guy some equipment without going with an MCA? Who can help?

    Looking to take care of a friend in the best way possible. Any insight is appreciated.

  2. #2
    Senior Member Reputation points: 3824
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    Need equipment for MMJ warehouse

    We can most likely do this. Please shoot me an email to talk more about it henry@trustcapitalfunding.com

  3. #3
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    We could do it as a lease. More money for you and less expensive for the client.
    Bob Shaw
    734.929.3800
    rshaw@advancecredit.com

  4. #4
    Senior Member Reputation points: 7162 TheShitzuofMCA's Avatar
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    Ah I lived to see the day they are borrowing money for lights to grow weed and its all good. Happy times. lol

  5. #5
    Senior Member Reputation points: 30475 Zach's Avatar
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    I doubt that equipment financing is a possibility, although a short-term MCA product is probably doable for a lot of funders here
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  6. #6
    I can get you guys funding processing is a "long-shot"
    james@locallendersinc.com email me.

  7. #7
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    give me a shout. Also located in CO and have dealt with this on a daily basis. We could secure the 50k-60k locally.
    matt@goaheadfunding.com

  8. #8
    Member Reputation points: 736 Michael Thomas's Avatar
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    processing isnt even a long shot, if he is using domestic processing, the processor / agent has him mis-coded to get the deal approved. it is considered money laundering to process these transactions.

    the only ways to skirt this is a cashless atm which are even now being difficult to place, or going 100% offshore for financials. i know a couple banks in spain and asia that will service him. but then you have the problem of repatriating the funds.

    we can do the financing program tho quite easily.

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