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What types of loans can I use to fund my cannabis business?

There are several types of loans that you can use to fund your cannabis business. Which one is right for you depends on what you need financing for. Equipment financing is a lease or loan specifically to buy equipment for cultivating, processing and other uses.

Do banks offer cannabis financing?

If you’re involved in the cannabis industry, you may find it challenging to find a lender willing to work with you. Most banks don’t offer cannabis financing because there’s no federal legal protection for financial institutions that work with cannabis-related businesses. However, that’s what the SAFE Banking Act aims to change.

How do I get a cannabis loan?

We can assist you with choosing the best cannabis loan for your needs, just give us a quick call at 646-837-5522. Third, you can begin the application by filling out our online application or calling us directly.

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