Call or text (313) 329-7157 See my options

Compare four ways to fund a cannabis business

Same numbers for every product: amount, total cost, payment and how often you pay. No guessing which costs more.

See my options Talk with us first
Call or text (313) 329-7157
Harbor at dusk, with dock lights reflected on calm water

All four, side by side

Typical ranges. Your offer shows your exact numbers.

Updated

Lines of creditEquipment financingTerm loansMerchant cash advance
Amount $5K–$1M$10K–$5M$50K–$5M$5K–$1M
Term 6–24 months24–60 months12–60 months6–18 months
Total cost 1–3% a month based on draw amount9.5–25% APR8–22% APRFactor rate
1.10–1.40
How often Weekly, bi-weekly or monthlyMonthlyWeekly, bi-weekly or monthlyDaily, weekly or monthly
Time to fund 2–12 hours2–12 hours3–14 days2–12 hours
Security No collateral requiredNo collateral requiredNot required for
most term loans		No collateral required
Paying off early No penaltyNo penaltyNo penaltyNo penalty, plus discounts
What we're paid 2.5%, paid by the lender2.5%, paid by the lender3%, paid by the lender0.05 factor points, paid by the funder
See costs and termsSee costs and termsSee costs and termsSee costs and terms

  • Lines of credit

    Amount
    $5K–$1M
    Term
    6–24 months
    Total cost
    1–3% a month based on draw amount
    How often
    Weekly, bi-weekly or monthly
    Time to fund
    2–12 hours
    What we're paid
    2.5%, paid by the lender
    See costs and terms

  • Equipment financing

    Amount
    $10K–$5M
    Term
    24–60 months
    Total cost
    9.5–25% APR
    How often
    Monthly
    Time to fund
    2–12 hours
    What we're paid
    2.5%, paid by the lender
    See costs and terms

  • Term loans

    Amount
    $50K–$5M
    Term
    12–60 months
    Total cost
    8–22% APR
    How often
    Weekly, bi-weekly or monthly
    Time to fund
    3–14 days
    What we're paid
    3%, paid by the lender
    See costs and terms

  • Merchant cash advance

    Amount
    $5K–$1M
    Term
    6–18 months
    Total cost
    Factor rate
    1.10–1.40
    How often
    Daily, weekly or monthly
    Time to fund
    2–12 hours
    What we're paid
    0.05 factor points, paid by the funder
    See costs and terms

Find my fit

1. What's the money for?
2. When do you need it?
3. Monthly revenue?

Four ways to fund a cannabis business

Each one fits a different need. We'll say which.

Find out what you qualify for in 5 minutes.

No obligation. Stop anytime, no fee owed.

See my options Talk with us first