The business of cannabis encompasses many types of companies and organizations. One significant part of the cannabis market is retail oriented. Cannabis retail establishments include dispensaries and edible sales businesses. Another large sector of the cannabis business industry consists of the market’s vital support services. These include the areas of technology, security, … [Read more...] about A Guide to Cannabis Equipment Leasing: How to Fund the Purchase of Equipment for Your Cannabis Business
Financing
A Guide to Obtaining Cannabis Business Loans
A traditional business loan typically requires weeks (sometimes even months) of processing time and a laundry list of documentation to verify the business’ income, credit history, and future plans for the use of new funding. In fact, it is quite common for the traditional, behemoth banks to require a business in search of financing to pledge collateral as a condition of the … [Read more...] about A Guide to Obtaining Cannabis Business Loans
How to Obtain a Business Expansion Loan: Growth Capital for Established Small Businesses
When a business successfully passes its start-up infancy period, and, gains some traction during the tenuous early times, it is likely an appropriate time to celebrate (just a little) and to start planning for the business’ next steps — the more intermediate-term objectives denoted in the business’ original business plan. Businesses looking to finance a well-thought-out … [Read more...] about How to Obtain a Business Expansion Loan: Growth Capital for Established Small Businesses
How to Get Approved for a Stated Income Business Line of Credit: A Simple Guide for Entrepreneurs
Microenterprise owners and/or entrepreneurs most often begin with an epic business idea. However, all too often, these business masterminds lack the capital to act upon their surefire notion. Additionally, entrepreneurs and microenterprise owners tend to enter the business and financing worlds with little experience. This double combo — little, if any, capital and limited … [Read more...] about How to Get Approved for a Stated Income Business Line of Credit: A Simple Guide for Entrepreneurs
Unsecured Cannabis Business Line of Credit: A Simple Funding Option for Cannabis Entrepreneurs
The cannabis industry is unique unto itself. While the cannabis plant has been legally used for many millennia (mostly in the manufacturing realm), the latest overwhelming interest and demand for the cannabis plant relates directly to its medical and recreational properties. Recently, the medicinal and recreational uses of marijuana and cannabidiol (a sister derivative of … [Read more...] about Unsecured Cannabis Business Line of Credit: A Simple Funding Option for Cannabis Entrepreneurs