The Challenges of Cannabis Lending

Finding the appropriate lending source in the Cannabis Industry can be extremely challenging. Debt lending, asset-based lending, and equipment leasing in the industry seem to have little to no continuity. Additionally, rates and terms seem to have a vast array of components and are rarely fluid. To add to the confusion, many brokers in the industry seem to be nothing more than fee and file collectors. Many of them do not concentrate on closing your loan request because many times they simply can’t.

Why is that? Many brokers who claim they are Cannabis friendly and can get the deal closed are imposters and focus on fee collecting and bogus term sheets. They typically waste their prospect’s time because they do not have the proper resources on hand. Capital Biz Solutions has over twenty years of experience in dealing with lending sources.

Our focus is to get your deal to the proper lending source and get your loan request closed. We have aligned ourselves with the experts in the Cannabis lending industry that will serve you well now and in the future. Capital Biz Solutions has broker affiliations with key lenders in the Cannabis industry throughout the US. We have one goal and are truly focused on closing your loan, and we do! So, if you are a Cannabis entrepreneur, and need funding resources to grow your Cannabis business, please check us out on the web at https://www.capitalbizsolutions.com/ or simply call us at 508 864 7758. You’ll be glad you did! We look forward to growing your Cannabis business.

Fund Today with Capital Biz Solutions

We make closing your deal simple, no tax returns or tax analysis needed, for deals of $150K and below. 6, 9, 12, and 15-month terms. Faster, easier closings! If your business needs working capital quickly, please feel free to call us at 508 864 7758 or email us at info@capitalbiz.net We will need to review the most recent six months of your business bank statements. Enjoy peace of mind knowing you will receive the capital you need to finance your business needs. Traditional banks can take up to 8 weeks to fund a loan request. Most business owners can’t wait that amount of time and 65% of the time their loan request is denied.

Finding the Best Solution for your Business Client

There are many challenges business owners face on a daily business. If they engage you for your services, your first order of the day is to obtain the best solution for your client. Always place your client first and think of what you would be looking for if you were in the very same circumstance.

Be as candid as possible, and convey to them that you will strive for the best options possible to assist them with their request. Have a weekly call or zoom meeting summarizing and updating them on a regular basis making certain that everyone has a clear understanding of what’s been accomplished to date, what their current status is, and what options may be beneficial.

Clients are usually fond of options. At Capital Biz Solutions we continue to provide our clients the best possible lending options available based on what the client and the business qualify for at the time of their loan request. We have a 90%+ success rate and continue to obtain repeat business from our ongoing client base. At this time, we would like to take the opportunity to thank our clients and wish them much success in the years to come. It is our goal to continue providing exceptional service and the proper lending solution for your request. Please visit us on the web at https://www.capitalbizsolutions.com/ or simply call us at 508 864 7758. We look forward to taking your business to the next level.

Bridge and Fix & Flip Program

No origination fee through Jan 31st.

Rates as low as 6.5%

• Minimum 600+ FICO

• Max $500k rehab size with up to 100% of rehab costs covered

• Loans from $50k to $3MM

• 12, 18 & 24-month terms

• Up to 90% of the purchase price

• Up to 75% of after-repair value

Click here to learn more about real estate investor financing

Distressed and Overleveraged Businesses

Over the past eighteen months, many businesses have had to close or file some form of bankruptcy as their business just could not survive the negative impact of the COVID 19 virus. Capital Biz Solutions is pleased to announce we currently have very seasoned and experienced resources available to assist business owners from filing any form of bankruptcy.

If your company has account payables beyond 90 days or is burdened by several merchant cash advances killing cash flow we can implement changes to turn your balance sheet in a positive direction. We will do this on a contingency basis so there are no upfront costs. We can also negotiate interim forbearance and modification agreements on your behalf. You have worked hard for many years to keep your business generating and improving cash flow, why not consider improving your company’s balance sheet with a prudent resource that has the expertise to deliver exceptional results on your behalf! For more information please visit us on the web at www.capitalbizsolutions.com or simply call us at 508 864 7758. You’ll be glad you did!