Return to site

System Structure of Commercial Cannabis Financing

The former are captive financial corporations. Consider them the financing weapons of all the major manufacturers. They exist only to provide the public with funding to try to sell their cannabis. In the past, they have been somewhat liberal in their subscription norms and perhaps too liberal in the mortgage industry. This softening of the past has caused serious damage today. After that, the debt was tightened. The end result is lower sales of cannabis and trailers; It is difficult for clients to obtain financing. However, the captive-funded company will always take part in the cannabis commercial financing game.

The second is independent financing companies. They are not tied to producers in any way. They exist to profit from the financing of commercial hemp and other equipment. They can be welcomed for many reasons. Initially, they may have someone if a good credit client "attracts" the captured. This means that they have already funded cannabis with cannabis financing companies and they no longer want to do it (at least) for the customer. These "A" credit sources compete with Captive, and through a variety of independent sources, customers can finance an unlimited amount of cannabis.

Other reasons are not independent either. It is said that the client wants a TRAC lease with different criteria offered by detainees. They can look for an independent person who can obtain a TRAC lease for that client. This is invaluable for a more sophisticated client whose main purpose is tax structure. Here's another one - our customers call all the time, who can only work nine months a year. They need funding that can offer skip payments. This way, the customer can make nine payments per year instead of twelve; It took them three months to make the payment.

There is one last one who comes home with us, a customer with bad credit. An internal finance company usually only works with people who have good credit. For a customer with bad credit, their choice is limited. Thanks to independent financing companies (like us) specializing in bad credit clients; These clients can obtain the financing they need to start or grow a business. Think of it as offering financing products to independent financing companies that can meet almost all needs.Add paragraph text here.