Getting Financed For The Cannabis Industry with Grow and Marijuana Extraction Equipment Loans
Are you looking for a loan to get marijuana growing equipment for your marijuana business? Now that laws are changing we're here to you get the marijuana grow equipment you need to be profitable.
Banks are not shelling out money for marijuana extractors and marijuana grow equipment just yet.
Our Cannabis Equipment team has three years of experience with helping Cannabis growers and contract manufacturers. We've provided financing for marijuana growers and contract manufacturers for things such as HVAC, Marijuana Lighting equipment, Security, and C02 marijuana Extractors, ethanol extractors, butane extractors, cannabis distillers, testing equipment. We are a lender that specializes in the Cannabis market, so we can develop a customized finance solution geared to enhancing your marijuana businesses growth, image and bottom line.
What are Financing Rates for Cannabis Dispensaries Equipment?
We have the best Cannabis Equipment Leasing program in the industry. We can structure the grow and extraction equipment leasing agreement to bypass tax code 280e so you can write off 100% of your payments off your taxable income.
Depending on the term, time in business, financial strength, credit history and how much down, rates can vary from 9-30%. On terms from 12 - 60 months.
Cannabis Equipment Finance and Leasing For a Marijuana Grow.
The Trust Capital cannabis extraction equipment leasing team is available to assist growers and processors to accommodate your expansion or renovation needs. Working with local to national brands such as Supercritical CO2 extraction equipment, our financing options are tailored to fit expansions, cannabis equipment upgrades and more, including:
- Marijuana Lighting Equipment
- Security Equipment
- C02 Extractors Equipment
- 100% Financing Taxes, soft costs, installation and delivery charges…and more
What are Rates to Finance Marijuana Extraction Equipment & HVAC to Grow Cannabis?
Trust Capital has the cheapest rates on the block and terms up to 60 months, $1 buy outs, Equipment finance agreements and FMV operating leases.
Other lenders ask for equity in your company as well. We don't.
How can I get my Cannabis Equipment Financed?
We know that your time is valuable. The cannabis equipment leasing search can be long and difficult, so Trust Capital uses a simplified application process to get you the grow and extraction equipment financing that you need when you need it. Compared to traditional lenders, our advantages to you include:
- 100% purchase financing
- Up to $50,000 with a simple one-page application
- Up to $10,000,000 with financial disclosure
- Next-day funding with pre-funding available
- Flexible payment options and terms
- No down payment requirements - qualified borrowers
- Lowest Rates in the industry for qualified borrowers
- Eligibility for all new and used equipment purchases
- No debt on owners personal credit reports
- No pre payment penalties
Preferred Grow and Marijuana Extraction Equipment Vendors.
We have utilized our years in business, experience with cannabis equipment vendors, and formal resources to weed out vendors that are not well suited for our customers. To that end, we have found some very reputable, strong, and successful vendors we are happy to share with you.
If you would like Trust Capital to provide you with a list of reputable vendors in your area, we ask that you please visit our Cannabis Equipment Locator page and fill out the short form.
Cannabis Equipment Financing For Start Ups
Yes we can finance cannabis equipment for start up contract manufacturers.
We've worked with all the major cannabis extraction and distiller manufacturers in the industry and can recommend the best ones to you as well for your new project.
- The owner must be licensed and regulated by the state
- Personal guarantees required from all owners
- Minimum 650 credit score
- No bankruptcies in the last 7 years
- No unresolved tax liens
Our application process is easy. Simply fill out our quick, online application and start the process of securing financing for your start up practice. Our knowledgeable finance experts are here to assist you in obtaining a start up financing loan.
If you have any questions, we invite you to contact us