$20 Million Cannabis Loans
$20 Million Cannabis Loans
https://mega-money-global-loans.company.site/Aggressive-Lending-Available-Program-Information-Nationwide-p212925642
CannaProp:sFunds available for Commercial Properties that have legal 'CannaProp' Businesses and/or Tenants.
Currently, we are able to assist with Soft Money & Private Money options, depending on the overall situation.
420 Props $250k - $20m+
Soft Money & Private Money
Private money has proven to be the most flexible.
Client may expect private money; 10.99% - 14%, 2 – 5 year note, 6 – 10 pts all inclusive (u too), interest only or amortized. Easiest are warehouses, retail/office…most difficult are land grows but if value is there and clients have cash in, we can make it work.
We sometimes can assist with soft money program on commercial properties (not land) with canna use of some sort. That is 7 – 20 yr note, 8.5% - 10.5%, up to 25 yr am, and 5 – 6 pts.
It’s really each deal on its’s on merits. But, clients cannot expect traditional bank or conventional loans.
And, another BIG issue is locating a title co in counties outside major metros that will provide title insurance. So, locating that is great.
Upon receipt of a completed and signed app (wet ink), along with ID such as driver's license we typically process within 5 - 72 hours.
Collateral: Preferred collateral includes income-producing commercial properties such as apartment complexes, commercial office buildings, hotels/motels, storage units, and industrial complexes. Foreclosed or distressed commercial and residential developments that may require improvements, construction, or rehabilitation are also commonly used as collateral.
Interested? Please email:
tscott0626@gmail.com
