Cannabis Invoice Financing

We empower entrepreneurs, real estate investors, and businesses of all sizes challenge the status quo. We take risks on the go-getters, and do’ers – who have an opportunity and need a partner.At Delancey Street, we invest in people and their ideas – not abstract concepts like credit scores, or other financial metrics. Tell us about your idea, let’s discuss your opportunity

1

High LTV

We fund hard money loans up to 80-90% LTV with no issues.

2

Fast

We promise to treat you like a partner

3

No $ Limit

No limits on what we can do for you.

Business Funding

Our client was a trucking company based out of NY, that needed quick funding. In 24 hours, we arranged $100,000 in funding.

Raised
APR
ARV
700,000
9,0%
60%
100% Funded!

Residential Refinance

We funded a purchase in California, for $1.2 million with 65% LTV. We helped the developer with with a 11% loan with balloon payment.

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

Lawsuit Funding

Client was injured in a car accident and needed a cash advance on the future value of his lawsuit. In 48 hours, our funders wired funds over.

Raised
APR
ARV
830,000
8,99%
75%
100% Funded!

PARTNERS FIRST.
LENDERS SECOND.

Hear from people we've helped

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

Jason

Founding Partner (Cut and Stitch)
Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would and helped my...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

Industries We Service

Cannabis
Residential Real Estate
Commercial Real Estate
Startups

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

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:

Minimum Qualifications Requirements

Delancey Street’s team consists of builders, developers, hard money lenders, and entrepreneurs. We understand your project has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Hard Money Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification Project and LTV matter. We don’t care about your credit.
Maximum LTV 80-90%
Loan Terms 12-48 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get pre-qualified

  • Looking to purchase a property
  • No obligation and no effect on y
Get pre-qualified today

Cannabis Invoice Financing

Delancey Street creates opportunities where non exist by providing capital to those in need. We are the fire that stokes entrepreneurship. If you’re in the Cannabis/MMJ industry and need invoice financing then we can help you.
What are invoices/receivals
Invoices, also known as accounts receivables, are the bills you give to customers – which they pay in the future. Often, companies sell a product, or provide a service, but aren’t paid right away. In this case, the business issues invoices to the customers.
What’s Cannabis invoice factoring
Companies who issue invoices have to get paid to wait. Sometimes, this can be fast – and sometimes, it can be REALLY long. With Cannabis invoice factoring, a cannabis/MMJ company sell the invoice to our factoring company for a discounted price. We collect the invoice from your customer.
How does factoring work?
Once your customers are approved based on their creditworthiness and ability to pay, we’ll lay out terms for you to sign. Provided your customers pass the credit check, we’ll advance up to 80-90% of the outstanding invoices. The difference is held for a month and then released, minus a factoring fee. Factoring fees range anywhere from 1-3% of gross receivables per month.
What’s Cannabis invoice financing
Unlike Cannabis invoice factoring, where a Cannabis factoring company purchases the invoice directly —- invoice financing is when a factoring company provides a short-term loan. This loan is being collateralized by invoices from your clients. In essence, you’re borrowing money against your invoices. This is a loan, and as a result – less risky to business owners.
Is invoice factoring considered a loan?
No. Selling invoices for immediate cash isn’t considered a loan. There is no interest on it. It will not impact your credit score if the client doesn’t pay. However, that doesn’t mean you’re not liable for the client doesn’t pay. Invoice financing, however, can be considered a loan – because the Cannabis factoring company isn’t purchasing the invoice directly. They are lending against the invoice.
Recourse vs Non Recourse
If you sell your invoice to a Cannabis factoring company – and the client doesn’t pay, then you aren’t liable if you have a non-recourse factoring deal in place. If you sell the invoice to a factoring company, and the customer doesn’t pay – then you could be liable to pay the balance. This is called recourse factoring.

Hard Money Loans

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