We are an experienced cannabis lender with $20,000,000 ready to deploy, seeking cannabis financing projects with experienced operators. If you are a licensed operator and need capital for growth, expansion, or construction, please hit the "contact" button above and send us a summary of your project. The types of projects we are most interested in include:
- Sale-leasebacks of licensed retail, distribution, manufacturing, indoor cultivation and greenhouse facilities
- We will only pay for the true appraised value of the real estate (no egregious cannabis premiums)
- Typical terms are a 10-year, corporate guaranteed lease at a 10-12cap
- We are not interested in outdoor cultivation at this time
- Term loans secured by assets like real estate and equipment
- We are looking for 1.5-2x collateralized loans secured by real property
- Typical terms are 2-4 years at a 12-16% interest rate
- Personal and corporate guarantees are typically required in addition to the collateral
- Creditworthy, experienced operators that can prove their ability to service the debt payments or lease
- Looking for opportunities nationally, so please contact us if you have financing needs!