Funding Marijuana
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  1. #1

    Funding Marijuana

    Hey,

    I have a guy looking for 350k to buyout his current mortgage for a Strip mall. 86k rent per year and the Loan is coming due because the Lender is not ok with a tenant being a Medical Marijuana dispensary.

    Who knows a Lender who would be ok with this?

    Thanks

  2. #2
    Senior Member Reputation points: 32658 Zach's Avatar
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    Funding Marijuana

    WBL might be able to pay off their balloon payment and structure the deal as a bridge loan while they wait for a longer-term solution. Care to let me take a look?
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  3. #3
    Senior Member Reputation points: 54989
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    Cresthill looking to Fund Medical Marijuana Businesses Preferably with revenues (However this is the first and ONLY industry we will be open to discussing Pr-revenue Ventures as long as the principles have Strong Industry know-how).
    Underwriting will be Human-capital based. so unlike most MCA the underwriting for the most part is revenues/balances and then a little about the owners background...Here the funding would be based on believing (strongly) in Operators capabilities.

    Commissions can be perhaps negotiated above our typical payouts.

    Please Only Email bizdev@cresthillcapital.com regarding this sector.

    We will be very selective.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  4. #4
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    We can definitely get this done for you with a long term solution if that is what the merchant prefers. Marijuana Dispensaries are easier to fund than most think. If you can, send me an email directly and I'll be happy to discuss the details of the file with you.
    Jahnae Allen
    Sr. Funding Coordinator

    Direct: (386) 215-6580
    Email: jallen@1080funding.biz


    1080 Premium Funding
    163 Sand Pebble Circle
    Port Orange, FL 32129

  5. #5
    Member Reputation points: 10 kevinkim's Avatar
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    You might want to call Viking as well, I also thing that Mantis funds medical Marijuana dispensarys.
    Kevin Kim
    Processing Coordinator

    39 Broadway, 9th floor

    New York, NY 10006


    Phone:212-804-8083
    Direct: 646-829-9431ext: 21
    Cell: 347-532-0789
    Fax: 212-321-0599

    Untitled
    www.broadwayadvance.com
    kevin@broadwayadvance.com

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