CBD Loan Types
Our loans for CBD companies come in 4 main categories
- Because CBD naturally needs to be extracted from the hemp plant, CBD businesses that are processing hemp need equipment. Thus, we have hemp extraction equipment financing
and leasing to meet this need. This includes all types of equipment including extraction machines, rotovaps, distillers, and more. If you are looking to do your own lab testing, we can provide you with financing for lab equipment like mass spectrometers too. Pre-Qualify for CBD Equipment Financing
2) Real Estate
- Many CBD companies want to own their own real estate rather than leasing land, warehouse or retail space so we have CBD real estate loans
to help you purchase, refinance, refinance with cash out or build out your facility with a CBD construction loan. We fund CBD real estate nationwide typically as bridge loans. Pre-qualify for a CBD Real Estate Loan.
3) Working Capital
– You may need funds for lease payments, salaries, inventory, marketing or some combination thereof – also known as working capital. Straight working capital loans are less available than other loan types because they are unsecured
by collateral like real estate and equipment.
For this reason, most lenders shy away from these loans and lines of credit. The cost of these loans also tend to be much more expensive
in terms of interest rates. One loan product we have or CBD working capital is our merchant cash advance which requires having a business bank account showing at least 6 months of activity. Pre-qualify for a CBD Cash Advance
4) Large Project
– Our large project financing typically involves a combination of real estate, equipment and even some working capital with a minimum loan amount of $10M
. This is an ideal loan for CBD companies who have serious expansion plans
. A great feature of this loan program is that we can fund CBD startups! You don't even need to be generating revenue yet. The physical assets of the business serve as collateral for the loan.
The rates are very attractive at under 5% with a long 15 yr fixed term. Often we ask CBD companies that are seeking under $10M, “If we can provide you with financing below 5% interest on a 15yr term would you be interested in $10M or more? Many companies will say yes because they typically have financing needs beyond what they are initially seeking for a loan. To Pre-Qualify for a CBD large project loan
, Contact Us
and let us know the loan amount and use of funds you want.