CANNABIS BUSINESS LOANS
Flexible, Affordable Cannabis Business Loans
Your cannabis business needs access to capital to grow, open up new business lines and cash in on revenue generating opportunities.
Unlike big banks, our lender network offers a variety of business loans to be sure you get the funds you need, using the financing instrument that makes the most sense for your business.
From working capital loans and lines of credit to merchant cash advances and traditional capital loans we’ve got you covered.
Our large network of credit, revenue and assets based lenders will take the hassle out of finding the best financing option for you, and it doesn’t cost you a dime.
Experienced lenders provide a higher level of service and focus on only one thing. Getting you a great deal that fits your needs quickly and efficiently.
We’ll match you up with the best lending option that will provide top notch service with a range of financing options so you don’t get inundated with phone calls.
Get flexible cash for marketing, renovations, new hires, inventory or anything your business needs. Whatever the need, we’ve got you covered with great incentives, flexible terms and a variety of repayment options.
Browse our business loan programs to find the one that works for you or if you are ready, contact us for a free, no obligation consultation by filling out our short form or pre-approval application now.
Get a No Obligation Quote
- Preserve cash on hand
- Generate a positive ROI on borrowed funds
- Expand or renovate
- Hire more employees
- Cover slow receivables
- Ramp up for a new project
- Launch a new marketing campaign
The Loanviser Advantage
- Lenders compete for your business
- We do the footwork, freeing up your time
- Traditional & non-traditional finance options
- Flexible repayment terms that match your needs
- Fast, easy approval process
- Personalized service
- Receive your funds in days, not weeks
Get Pre-Approved in Minutes
Cannabis Business Financing FAQs
Q: What options do I have for finding financing for my cannabis, hemp or CBD business?
A: Current options fall into a few general categories. Private investment funds, hard money lenders, banks & credit unions and investors.
Q: If banks and credit unions are lending to the cannabis industry, how come I can’t find them anywhere?
A: Most banks and credit unions did not start as pure cannabis lenders and are still regulated by the federal government. As traditional institutions move into the industry they are quiet about it and don’t really advertise. We have to find them via direct contact or through our network of partners.
Q: How does the Loanviser process work?
A: Unlike other services, we don’t think having you bombarded by phone calls and emails from many lenders at once is a great experience for anyone. As such, we review your information, determined what your best first option might be and match you with one option at a time. If the first option doesn’t pan out, we continue to match you up with one option at a time until all are exhausted. Please note that new partners join our network every month so options are always expanding.
Q: What do I need to get qualified for financing for my cannabis, hemp or CBD based business?
A: It depends on the type and amount of financing you are looking for. You can use the following information as a general guideline. Programs usually require a personal guarantor but not in every situation.
- Non-secured capital loans: You need a minimum of 6 months time in business, 3 months of bank statements and $12,000 per month in revenue.
- Asset backed equipment financing: You need a minimum of 6 months time in business, 3 to 6 months of bank statements and above average credit.
- Real estate financing: You need a minimum of 6 months time in business, 3-6 months of bank statements, above average credit and the loan to value must be 70% or lower.
Q: What type of documents will I need to apply for financing?
A: Our partners all require that you fill out an official application. In addition, you should get 3-6 months of bank statements, your financials, an equipment list if it’s an equipment request, information on the real estate if it is a real estate purchase, your licenses if available and a summary of your business and financing need.
Q: We are a pre-revenue startup in need of financing. Can you help?
A: Sometimes. We do have partners that will look at startups. But you will still need to have some resources in place, a solid business plan, experienced leadership and potentially some previous investment.
Q: Do you work with brokers or just direct lenders?
A: Our partner network includes both direct lenders and brokers. If you are a broker that needs help financing your clients we are happy to help. If you are a broker with cannabis lenders and would like to join our partner network, contact us today to get the conversation started.
Have a question that you don’t see here? Contact us and we’ll get you the answers you are looking for!
READY TO GET FINANCED?
Schedule a free, no obligation consultation with our friendly financing team.