Is my cannabis-based business eligible for a CRE loan?

Although loans for your cannabis-based businesses typically won’t involve a bank, your company will still be required to meet specific criteria when you apply. Private equity firms, venture capitalists and other investors will likely need to be sure they have a good chance of getting a return on their money.

For these investors you must generally:

  • Be a business in operation for at least six months.
  • Be incorporated as an LLC, limited company or S corporation.
  • Have a personal credit score of at least 500.
  • Have no criminal record and able to pass a background check.
  • Have gross monthly sales of at least $10,000. If you’re a startup, have a solid business plan.
  • Have a business bank account.

If you think you meet those criteria,  contact us to make it happen.  Call us at 904-712-0054, email us at info@cannabiscrecapital.com or use the form below to get more information. 

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