Cannabis Financing
Financing for Companies in the Cannabis Industry
We offer two funding options for companies in the cannabis industry: one option is invoice factoring for CBD cannabis companies, and the other is financing for companies in the THC cannabis industry.
INVOICE (CBD) FACTORING
Cannabis Factoring. Cannabis (CBD) businesses operating under legal authority in their respective states and markets can benefit from accounts receivable financing and invoice factoring. You will be working with our affiliate, which specializes in factoring for companies in the CBD cannabis industry.
Basic Criteria
- Licensed cannabidiol CBD cannabis businesses
- We can look at CBD only, no THC
- Solely CBD (Example, no CBD 60% and THC 40% breakdown)
- No Vape products
- Most operate on PO, Invoice, and BOL basis vs agreement
- We look at debtor/customer creditworthiness
- Ideally, distributors vs smokeshops as debtors
- Other requirements apply
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CANNABIS (THC) FINANCING
This financing product for THC relies on your company's monthly revenues and does not involve invoice factoring. It is provided by a third-party lender and offers working capital to qualified, licensed cannabis businesses when traditional lenders are unable to finance the cannabis (THC) industry.
The process includes specific criteria that the lender will evaluate:
- How the business is structured
- Licensing
- 3 to 6 months of bank statements
- How bank accounts are set up
- Plus, other underwriting processes
For more information, please complete this short form. We will get back to you shortly.
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