To start your new business, you'll need to establish your headquarters. For our industry, sometimes that's easier said than done. The search for real estate remains one of the biggest challenges for those looking to open a cannabis-related business. With our unique approach to sourcing financing options, we have been able to help numerous businesses to secure warehouse, kitchen, testing lab, grow, processing, and retail property.
Cannabis real estate values stand to rise due to the increase in demand relative to the supply. In this industry, there are often only a limited number of spaces available for cannabis businesses to acquire, which ends up increasing the price. For a business owner in this climate, this can lead to worry or frustration about how to afford this increasingly expensive in-demand real estate. In addition, there are also a variety of ordinances and regulations for cannabis real estate which normal businesses don't normally have to contend with. Because the federal law still lists cannabis as a Schedule 1 drug, real estate for this industry can seem riskier than other types of businesses. Because of the risk, this is another factor that reduces the availability of real estate space for cannabis businesses.
Sourcing capital for your business's real estate doesn't have to be a struggle. Canna Business Financing has a network of private lenders. Through working with our team, you can tap into our private lender network in order to obtain the money you need to either purchase or refinance your existing building. Get cash out for working capital, or use private money—instead of hard money—to own or control your real estate. You can access the following:
Securing a lender for your cannabis business is important. Unfortunately, not all potential lenders are knowledgeable and well-informed about our industry. At times, this can pose as a frustrating problem for a new cannabis-based business owner. If you're looking for a lender who understands the unique challenges cannabis businesses face, we can help you find them. We have investors who are eager to loan in the cannabis and hemp arenas. Our team at Canna Business Financing can connect you with financing for retail and industrial properties, grow facilities, and greenhouses.
With deep industry relationships and a network of enthusiastic cannabis and hemp lenders, we will confidently guide you through the application and underwriting process. Our lending partners are experienced and well-capitalized professionals that require moderate leverage as well as a visible repayment strategy. These partners offer competitive terms and pricing, ensuring that we're setting you up for the most success possible.
"Lynnda and Alisza were a pleasure to work with. They helped me with funding my business and gave options and ideas that will stick with me many years. I can't say enough about the customer service they provided, the follow ups and interest they had in my business. I will always know who to turn too for any financial advise regarding loans and lines of credit."
"I wanted to start my own business but didn't have fantastic credit. Lynnda and the team worked with me and we systematically fixed some credit issues to get me to the point where I could qualify for a loan and line of credit to start my dream! Working with Lynnda has proven to be a positive life changing experience for me!"
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