Cannabis Business Loans Canada...
Despite the legalization of cannabis nationwide in Canada, banks have been slow to adopt business loans and financing for cannabis and hemp businesses. The perceived risk of offering these loans is greater than what Canadian banks appear to be willing to take on at this point. Most have a wait and see stance to determine how all the government laws and regulations will play out. There are some private sources of funding available but even those seem few and far between.
NewVista Financing is happy to help fill this void with a suite of lending options for Canada hemp and cannabis businesses including real estate loans, equipment leasing and financing along with project financing which includes a combination of the two. We cover all of Canada from Toronto, Ontario and Quebec to Calgary and British Columbia.