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- Kind Growth (copy 01)
Kind Growth (copy 01)
Cannabis AR Factoring & Cash Advance Loans Available
Accounts Receivable and Fixed Loans For Cannabis Operators
We've recently started working with a cannabis lender who is making loans on Accounts Receivable and providing Merchant Cash Advances.Not every cannabis operation has real estate that they can leverage. We understand this and have been working our connections to find one of the best alternative forms of financing for the cannabis industry. Not only will this group provide working capital they'll also provide capital for equipment and operations.In order to qualify you have to be operational with a historic cashflow that can demonstrate your ability to repay the loan.This group is actively looking to deploy capital TODAY so don't wait.Deal criteria:
Accounts Receivable Factoring:
Revolver:
$500k - $5+M
75-80% Advance Rate
Rate:
13-14%
Term: 2-3 year commitment
Fixed Loan:
Size:
$150k - $5M+
No real max amount. Typically sized to previous one month's sales
Term: 12-24 months
If you have a deal that fits these criteria then send us an email and let’s start chatting today!
P.S. If you're brand new to the EN Capital newsletter; each week we promote a new capital source for a variety of commercial real estate properties. So if the above lender is not relative to you, the chances are high that we'll have the perfect capital source for you soon.P.P.S EN Capital is a commercial real estate mortgage brokerage shop. We are not direct lenders.P.P.P.S. If you have a commercial real estate deal, unrelated to the above, that needs capital right now reach out to us and let's chat!
Be sure to connect with EN Capital on Linkedin. and visit our website here.
Connect with EN Capital President, Nate Whigham on Linkedin Here
Connect with EN Capital Associate, Justin Ashcraft on Linkedin Here
Nathan WhighamPresidentCA DRE Broker License: 01793655EN Capital Contact Info:www.encapital.com[email protected]Justin Direct Line: 323-521-4766