Sweet Leaf Madison Capital (561-247-4783) - a Florida-based financing company specializing in non-dilutive funding for the cannabis industry, announces updated financing services for the sector's underserved middle market.
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The services provide lending support for all segments of the cannabis industry from equipment financing to real estate loans and cash expenditures. Sweet Leaf Madison Capital (SLMC) is a full-service lender for the industry and is committed to helping new and established growers achieve commercial success through well-structured cannabis equipment financing.
More details can be found at https://sweetleafmadison.com/
SLMC brings its lending expertise to new and established cannabis growers by offering loans ranging from $150,000 to $15 million over terms of 1-4 years. Clients can benefit from the company's longstanding relationships with lenders which enable fast decision-making and turnaround times on loans and leases. SLMC's preferred vendor program also allows clients to offer financing to their customers to fund equipment purchases alongside co-marketing opportunities.
According to an AlphaSense report, the value of the cannabis industry is predicted to exceed $40 billion by the end of 2024. While these figures demonstrate the rapid rate of growth, the path to success is by no means simple for business owners. Federally insured banks have traditionally been reticent to do business with cannabis growers. The Guardian reports how the industry has been cut off from the US financial system but that a proposed Senate bill looks set to rethink the legislature's approach.
Sweet Lead Madison Capital can help secure funding for new or pre-owned equipment, tenant improvements, plant upgrades, and retrofit projects. Loans can also be arranged for automation technology, cultivation, processing, packaging, lab testing, and retail services.
Cannabis growers can now qualify for high-value loans at an LTV of 80% and competitive rates. This remedies one of the industry's longstanding problems of large-area cultivators being unable to benefit from the equity in their property.
For those in need of real estate financing, the company can source funding for the acquisition, construction, and improvement of cultivation warehouses, greenhouses, processing facilities, and retail dispensaries. The Sweet Lead can also help organize sale-leasebacks of property alongside cash-out refinancing.
In addition, clients can access senior secured cannabis business loans. According to the company's website, "Whether financing receivables, purchase orders, inventory, or other short-term cash needs, based on our underwriting of up to 75% loan-to-value coverage from a combination of assets and guarantor support, our dedicated team can structure senior secured term loans to provide growth capital for any number of cannabis business uses."
For more information, go to https://sweetleafmadison.com/
Contact Info:
Name: Emma Fuller
Email: Send Email
Organization: Sweet Leaf Madison Capital
Address: 700 S Rosemary Ave Suite 204, Office 138, West Palm Beach, Florida 33401, United States
Phone: +1-561-247-4783
Website: https://sweetleafmadison.com/
Source: NewsNetwork
Release ID: 89137646
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