Cannabis Business Loan and Mortgage Services

This listing provides specialized loan and mortgage services tailored for businesses operating within the cannabis sector. The financing solutions cover a range of needs including business purchases, refinances, equipment acquisition, and expansion projects, with a specific focus on cannabis real estate loans. Loan amounts typically range from $1 million to $40 million, featuring a maximum Loan-to-Value (LTV) of 65% and starting interest rates around 11% for terms of 12 to 24 months. Associated fees include lender origination fees of 2-4% and broker fees of 1-2% payable at closing. Expedited closing within a week is an option for urgent funding requirements, though it may incur additional costs. The service accommodates various loan types such as acquisitions, refinances, and Debtor-in-Possession (DIP) loans, and is open to considering borrowers with a history of bankruptcy, provided there is no ground-up construction involved. Services are available across the USA and Puerto Rico. The provider actively engages in co-brokering, offering a 50/50 split with partners.