Cannabis Invoice Factoring

We empower Cannabis business owners by funding their venture when traditional lenders say no. If you need money to purchase real estate, venture capital for a new business, or simply need extra funds to cover cost of operations - we can help. We believe in empowering entrepreneurs who have brilliant ideas. Let's work together

Creative

The cannabis industry is like no other. We practice creative financing in order to ensure you get the funding you need. Got a challenge? We probably have an "out of the box," solution.

Fast

Ideas and opportunities have a shelf life. We promise to give you an answer as soon as possible. Using artificial intelligence, we're able to drastically reduce the time it takes.

No $ Limit

No limits on what we can do for you. Regardless of how much you need, we can help fund it. Whether its $50k, or $5 million. We invest in entrepreneurs and support you entirely.

Recently Funded Projects

Residential Refinance
Residential Refinance

Residential refinance in Los Angeles, with a loan amount of $830k, at 75% LTV. We were able to help the investor get a loan at 8.99% with a balloon payment after 18 months.

Raised
$830,000
APR
8.99 %
ARV
75%
100% Funded!
Residential Investment
Residential Investment

Delancey Street funded a new residential purchase in California, for $1.2 million with 82% LTV. We helped the developer with a loan at 11% with a balloon payment in 9 months.

Raised
$1,200,000
APR
11 %
ARV
82%
100% Funded!
Residential Investment
Residential Investment

Property in New York was torn down, and redeveloped. We provided a 60% LTV loan for $700k. We charged no upfront fees, and had a balloon payment after 10 months.

Raised
700,000
APR
9.0 %
ARV
60%
100% Funded!

Hear from people we’ve helped

“Delancey Street makes lending easy. They took a chance on me when no one else would.”

- Leo kovacz

Industries We Service

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

We’re here to answer your
questions. Contact us anytime:

Are you in the Cannabis / MMJ industry, and in need of invoice factoring? With medical marijuana being legal in 29 states, and 7 states approving recreational use – the demand for cannabis is higher than ever. Many entrepreneurs need invoice factoring, due to the lack of traditional lenders. Businesses in the cannabis industry have cash-flow problems for one reason or another. This problem has resulted in the need for new financing in the cannabis / mmj industry. Delancey Street can provide that funding.

We are a Cannabis invoice factoring company. We don’t play games, and are very upfront about what we need from a potential borrower. Our product is structured to protect us(the lender), yet at the same time give you the working capital you need. Here’s a quick summary of our invoice factoring program, and how it might be able to help you:

  • Cheaper than going to investors – you can scale without giving up your company
  • Collateral required – In order to offer low interest rates, we ask for collateral in the form of property, or some other asset. This helps us secure your loan, without having to charge higher interest rates.
  • Funding in 24-48 hours – Great for emergency situations and opportunities.

No credit history. No credit checks required.

Because we ask for collateral, we offer generous limits on your invoice factoring limit. We offer you a revolving line of credit, with a very low interest rate – which can be used as money for invoice factoring purposes. With 24-48 hour funding timelines, we can help you get the money you want ASAP. In addition, we don’t make you – and your customers, go through strenuous credit checks or other paperwork.

Why our unique system works

We require collateral, and as a result, we can offer you an unlimited invoice factoring limit (up to the value of the collateral). Our unique system of factoring doesn’t require daily, weekly, or monthly payments. We advance you the cost of the invoice, and then wait for the customer to pay the invoice.

Many cannabis businesses have immense future revenue purchases, but no immediate funds. We can give funds in 48 hours. By putting up collateral, we can charge a lower percentage, whereas other lenders might charge 20-30% over 6-18 month loans. By putting up collateral, your interest rate is only 8-12% which saves you immense money. There is no limit on how the invoice factoring funds can be used.

Ways you can use the funds

Expansion financing – Many clients use funds to make down payments for new expansion operations. Many cannabis business owners hunt for larger warehouses, and buy new real estate. You need capital in order to conduct business and expand your business.

Acquisition financing – The market is more mature, and acquisitions are occurring. Smaller players are strugging and putting their busienss up for sale. This allows medium and bigger sized players to increase market share. The capital you get from our Cannabis invoice factoring service can be used to buyout smaller players.

Working capital – Sometimes businesses just need more money to bridge their shortfalls. We can help. We provide you with the capital you need to do what you have to do.

Summary
Lender
User Rating
5 based on 2 votes
Service Type
Lender
Provider Name
Delancey Street,
40 fulton street,NYC,New York-10038,
Telephone No.8885921103
Area
USA
Description
Delancey Street provides factoring for Cannabis companies. We are a Cannabis invoice factoring service provider.

It’s Simple

  • 1 Tell us what you need
  • 2 We'll evaluate it
  • 3 We'll offer our terms

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  • Risk free to you, no strings
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