Marijuana Business Lending
Marijuana businesses are considered very “high risk” and most banks and lenders won’t even take your marijuana dispensary loan application. And the ones that do will take months to get back to you, usually ending in denial. But Business Lending Authority recognizes the lucrative potential of the exploding marijuana business, and we’re here to help your profits grow with marijuana business financing.* We approve 90 percent of applicants looking for a small business loan alternative. Our fast cash advance program will help you cover the hefty fees for marijuana business licensing, and marijuana dispensary operating costs, and get you the operating capital you need in as little as 48 hours. Just fill out our simple loan application form on the side of this page to get started today.
Cover Marijuana Business Expenses with Marijuana Business Financing
Licensing fees can be really steep for marijuana dispensaries, especially recreational marijuana licenses in some states like Colorado. With Business Lending Authority’s marijuana business financing, you can get the marijuana business funding you need to gain a strong foothold in the multi-billion dollar marijuana industry and be on your way to high profits. Here are some of the marijuana business expenses we help cover:
- Marijuana business application fees
- Marijuana license fees
- Marijuana plant growing and maintenance costs
- Marijuana dispensary costs
- Marketing and advertising costs
- Rent and building costs
- Staff costs
- Computers and software costs
Here’s What You Need to Apply for Marijuana Business Financing:
- To fill out the simple application form on the side of this page.
- A medical practice that has been in operation for at least 6 months. No startups.
- Monthly gross sales of $15,000 or higher.
- Speak with a Business Lending Authority representative to complete a few easy steps, once you fill out the application.
What You Don’t Need for Marijuana Business Financing:
- Restrictions on how you use the money you apply for.
- Good credit.
- Collateral which you could lose or demands for liens on your property.
- Traditional business loans that take months to obtain, if you pass all the strict requirements.
Medical Marijuana Business Financing
If you operate a medical marijuana dispensary, obtaining the small business funding you need to succeed can be difficult. Most banks and traditional small business lenders won’t deal with marijuana businesses, even if you are a medical marijuana dispensary. Do not fret – Business Lending Authority can give you the operating capital you need to keep your medical marijuana business running smoothly. With our fast, easy application process, you can get from $1,000 to $1,000,000 wired into your bank account in as little as two business days! So by the end of the week, you could be restocking your shelves, buying more marijuana seeds, packaging and supplies to keep your customers coming back for more. In this fast-growing market, staying ahead of the competition is critical, and if you don’t have the marijuana business financing you need to stay afloat, you’ll easily get swept away by other medical marijuana dispensaries.
Recreational Marijuana Business Financing
If it’s hard to get an unsecured small business loan for a medical marijuana business, it’s even more difficult to secure recreational marijuana business financing. What makes this doubly frustrating is the costs are usually higher for recreational marijuana dispensaries. States with laws permitting recreational marijuana businesses usually charge more for recreational marijuana business applications and permits, which will make your operating costs spike. If you have a retail marijuana business in Colorado, for instance, you’ll likely be hit with steep fees for recreational marijuana business permits and licenses. With Business Lending Authority’s marijuana business financing, you can get fast, liquid cash to cover all your licensing fees and supply costs, as well as pay employees, store rent, legal costs and utilities.
Benefits of Marijuana Business Financing with Business Lending Authority
With marijuana business financing from Business Lending Authority, you can get the cash you need to take your dispensary to the next level in as little as 48 hours. Don’t be caught in a lurch waiting months to hear back from banks or traditional lenders, while your business suffers in the meantime. Business Lending Authority funds 90 percent of our applicants, and our fast, easy application process will help you get access to the cash you need – now and in the future. Apply today and get the operating capital you need to make your marijuana business skyrocket.
Ongoing Marijuana Business Financing with Business Lending Authority
If you somehow get approved for an unsecured small business loan, banks and traditional lenders require 100 percent loan repayment before you can reapply for more financing. At Business Lending Authority, however, we only require you to repay 70 percent of your original cash advance before you can apply for more funding. This means you’ll have ongoing access to capital for your marijuana dispensary, so you’ll never be caught in a bind without the supplies or manpower you need to deliver the best marijuana products to your customers. Our fast approval process makes it easy for you to have a constant stream of the operating capital you need to put to work however you see fit for your business. Unlike some small business lenders, we don’t restrict how you use your marijuana business financing, because we trust that you know your business best, and will put the money to work for you so you can watch your business grow and flourish.
Successfully Grow Your Marijuana Dispensary with Marijuana Business Financing From Business Lending Authority
The marijuana business is a new and rapidly growing industry that is ripe with profit-making possibilities. Stay ahead of the competition with the funding you need to succeed. Apply to Business Lending Authority today and watch your marijuana dispensary grow into a mecca of green.
*Business Lending Authority’s marijuana business financing is dependent on state laws.