Torey Pines Cannabis Lending (copy 02)

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Bank Rate Loans Now Available for Cannabis!

With the widespread acceptance of cannabis as a legitimate industry, that is subject to taxation, the days of outrageous rates for cannabis loans are coming to an end.Don't get us wrong, we're still far away from federal de-scheduling, but the cannabis lending world is starting to become more and more competitive. Which only means great things for you.  Most excitingly, for our readers, EN Capital is working with one of the nation's first cannabis friendly bank rate lenders! We recently received terms on a cannabis deal from this lender at Prime +1%! If you've recently been in the market for a cannabis loan then you know this rate is unheard of.Even more importantly, right now they're hungry for very specific cannabis deals.They're looking for:

• Deal Sizes

  • $10M minimum

• Location:

  • Nationally in major markets

• Non-Owner Occupied

• The borrower must NOT touch the plant 

• Strong guarantor required 

• All loans to be based on the Non-Cannabis Value of the real estate

If you have a cannabis deal that you want traditional bank rate financing and it fits these criteria then click on the link below 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. 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 President, Nate Whigham on Linkedin.EN Capital is a commercial real estate mortgage broker firm. We have been involved in placing north of $750M of financing. We work on all property types all over the nation, as well as all parts of the capital stack including equity. 

Nathan WhighamPresidentDirect: 310-465-9253[email protected]www.encapitalllc.comCA DRE Broker License: 01793655