Sweet Leaf Madison Capital (SLMC) announces updates to its equipment financing solutions for multistate cannabis businesses.
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SLMC continues to expand its loan offerings to more businesses across the cannabis supply chain. Despite its classification as a Schedule 1 substance, cannabis legalization initiatives have spurred new lending opportunities - in terms of affordable debt financing packages for American middle-market cannabis producers, processors, wholesalers, and distributors. Funding can be secured for new or refurbished equipment to improve production facilities and meet the growing demand for cannabis products in the countries.
More details can be found at https://sweetleafmadison.com/
The SLMC team offers cannabis growers and suppliers a wide variety of non-dilutive funding options, allowing owners to preserve equity and the proprietorship structures of their companies. The company provides asset-backed lending products, covering everything from equipment upgrades to real estate. Thanks to longstanding relationships with lenders, SLMC can facilitate expedited approvals for loans and leases at competitive and affordable rates.
Currently, SLMC offers loans ranging from $150,000 to $15 million over 1-4 years, with a loan-to-value ratio of up to 80 percent.
According to Grand View Research, the US cannabis industry was valued at $33.60 billion in 2023 with growth projections at a CAGR of 12.10% expected between 2024 and 2030. The plant's use within a diverse range of industries - from medicine and cosmetics to the food and beverage sector - coupled with increased legalization is driving this growth and creating new opportunities for growers and sellers.
SLMC CEO Bryan Gordon says, “We were determined to build a company that offered customized lending solutions to meet expected growth in the sector in the coming years and to help hundreds of cannabis businesses fund growth and achieve success. Today, as the only full-service lender in the industry, Sweet Leaf Madison Capital prides itself on serving all cannabis segments from seed to sale.”
SLMC helps clients secure financing to meet the significant costs of upgrading or replacing inferior equipment. The Medic Grow website suggests that commercial cannabis cultivation in grow rooms can generate costs in six figures for both equipment setups and operational requirements.
SLMC can help reduce these outlays through funding for reconditioned apparatus, tenant improvements, plant upgrades, and retrofit projects. Affordable financing allows owners to transition from small individual production setups to larger-scale facilities with greater profit margins.
As businesses grow and require larger premises, SLMC helps secure competitive real estate financing for property purchases, construction projects, and improvement works on cultivation warehouses, greenhouses, processing facilities, and retail dispensaries. There are also options for sale-leasebacks of property and cash-out refinancing arrangements.
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: 89140334
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