Alliance Commercial Capital
Major Breakthrough: Financial Services
Alliance Commercial Capital, Inc
Cannabis Program Highlights:
MoneyTrac Technology, Inc. (“MTT”), a subsidiary of Global Payout, Inc. (OTC:GOHE) , has established and is now marketing an alternative banking solution for the Cannabis industry.
MTT currently has the ability to integrate and streamline electronic payment processing such as E-wallet, mobile applications, debit cards, and credit cards. Currently, MoneyTrac Technology has strategic partnerships with top cannabis services such as GreenRush, BlazeNow, High Grade Management Group, and PotSaver, which was a majority acquisition last October.
According to Bloomberg, "MoneyTrac Technology, Inc., through its subsidiary, provides electronic wallet and e-banking financial solutions for the marijuana industry. It offers financial technology, which includes an e-wallet and mobile app that allows users to access financial information. The company also provides white labeling services; mobile platform to manage financial transactions; and solutions for accessing account information, making payments, and online bill pay activities. In addition, it offers transaction management services."
Alternate Finance Network
Scott Jordan likes to be recognized as The "Marijuana Money Man." He states he has created a virtual marketplace for cannabis business owners seeking funding for equipment finance, real estate and working capital. His says his company is "combining the best of breed of lenders that have been vetted and have helped him complete over $5 million in deals since 2014. This provides a 1-stop shopping experience for cannabis borrowers.
The Alternative Finance Network completes deals from $250K up to $20 million with access to private money, credit union and bank rates starting as low as 7.75%.
The company has reportedly been providing funding for many of the most well-known brands in the industry companies like Harborside, Weed Maps, The Green Solution and more and is open to working with brokers on deals in excess of $250,000.
To find out about the Alternative Finance Network Click Here for More Information if the link doesn’t work click here https://media.publit.io/file/h_480/Marijuana-Money-Man_10-Final.mp4
Cannabis Equipment Leasing
Forum Financial Services has been involved in the Cannabis/CBD marketplace for over a year, launching a specific website geared for this industry: www.cannabisequipmentlease.com.
"IFS has approved our 1st deal in the cannabis industry! We are now able to consider established companies with accountant prepared financial statements (or tax returns) within the cannabis industry.
“NOTE: We won't consider any start-ups. Must have at least 3 full years in business. Please contact me for more information or to preview a deal."
Dara Dietmeyer, VP
Over the past few years, as more states have legalized the sale and use of cannabis products, NEC Financial Services has funded transactions for assets such as POS Systems, CCTV, security and access control, IT and more.
As we enter our 35th year in business, we recognize the continuing industry expansion will increase demand for the financing of capital-intensive projects from growers, distribution and ultimately retail sales.
Our history of flexibility and competitive offerings should continue to be attractive to vendors selling into the legal cannabis industry and their customers.
Number 1 Enterprises, Inc.
“We specialize in structuring your capital infusion. Number 1 is a group of reformed bankers whom grew weary of declining great clients because their loan requests did not fit into the traditional lenders' ‘box’.”
Through a network of over 8,000 Funding Sources: Private Investors, Investor Groups, Lenders, Co-Brokers, Facilitators, Hedge Funds, etc., we help businesses acquire the necessary capital to grow their business:
Companies have funded or in process of funding include:
1. Marijuana Grower, Extractor, Edibles Maker, Wholesaler, and Dispensary in Alaska
“We will leave no stone unturned to ensure every available option for acquiring your business capital.
“With Number 1, We get it done!”
Andrew DiAlberto, President
Prime Commercial Lending Offers
CANNABIS: This is an industry that has seen tremendous activity and interest this year! The Cannabis space has the highest year over year growth. SLIM is fortunate to have the opportunity to invest in these businesses and be a part of a growing market.
For more information, please contact us at: firstname.lastname@example.org or visit Slim Capital website at www.slimcapital.com
SLIM Capital, LLC
Shervin Rashti, CLFP, CEO
Main: (310) 499-2562 x108
Scott Jordan leads Vertical’s financial services arm. He has been in Colorado providing access to capital for marijuana business owners since 2009 and has been called “The Marijuana Money Man” by Fox San Francisco and the Denver Post. He created one of the first companies to provide debt-based capital, Dynamic Alternative Finance in 2014, and arranged over $30 million in funding before accepting the position with Vertical as President of the newly created Financial Services division.
Specialists in cannabis and hemp company leasing
About Xtraction Services
"I do know a bit about canna finance in the US and have actually completed a deal or two (it’s mainly all convertible debt). I ran an event in NYC for over 200 investors at Chelsea Piers and I helped organize, promote and sell out the first Weed Stock conference in Colorado. I have been an investor in the industry since 2013.
"There are no miracle answers for leases (in most states, ownership of canna assets without being licensed as a canna business would prohibit leasing). Most deals are done as loans with a conversion provision and pretty harsh default penalty.
"One thing lenders have to keep in mind is that bankruptcy (other than just a state bankruptcy) isn’t available to canna debtors. Federal judges won’t hear the cases and will dismiss them if they get filed. In fact most disputes that wind up filed in federal court get dismissed and refiled in state court."
Organigram Enters into Letter of Intent