All inquiries for cannabis related equipment financing held in the STRICTEST CONFIDENCE!
In our program, the loans are considered to be securitized by the asset.
We do have a first lien debt position. Our loans require a Uniform Commercial Code (UCC) filing on all business assets and a personal guarantee from the individual of their net worth. Additionally, we have a life insurance policy that covers the amount of the loan in the event of something happening. Lastly, we require twenty to thirty percent equity down so that yo have meaningful skin in the game.