CANNABIS EQUIPMENT LOANS
Why is it challenging to land a loan for cannabis equipment?
Whether it is tools for cannabis extraction or material for building your cannabis retail store, you are going to have a difficult time securing a loan for your cannabis equipment. You need to be mentally prepared for this. This inconvenience happens because of how marijuana is still illegal under federal law, and lenders do not want to risk being associated with a cannabis-related business. However, that is where Canna Business Lenders comes in! We offer cannabis equipment loans to help you:
- Grow and cultivate cannabis
- Extract strands
- Create the packaging for your product
- Dispense your product
Any equipment that is used by your business can be funded by Canna Business Lenders.
How can Canna Business Lenders help you?
Think of Canna Business Lenders as your cannabis equipment financing concierge. Our specialization in the cannabis industry allows us to offer you:
- Traditional cannabis equipment finance agreements
- Equipment leases with flexible capital
- Credit, revenue and asset-based cannabis financing options
Our job is to help you make the most informed decision possible for your cannabis equipment loan. We will make every possible option available to you, and will not rest until we come up with a financing option that perfectly suits your needs – without charging you a penny!
What do you need to know before choosing Canna Business Lenders?
Before opting for Canna Business Lenders as your cannabis equipment loan company of choice, you need to be aware of some essential terms and conditions:
- Loans offered are between $20,000 and $2,000,000.
- You need to have a credit score of at least 500.
- Our buy rates start at 0.5%.
- You will need to wait for a few days while we process your request. Please be patient until it is approved.
- The duration of our term ranges from 3 months to 24 months.
- Your payment installations need to follow a daily, weekly, or monthly payment plan.
Ready to finance your cannabis equipment loan? Contact us for queries or fill out our form for a no-obligation consultation.
We can’t wait to hear from you!