Podcast: Play in new window | Download
Are you a cannabis entrepreneur looking to develop a real estate asset for cultivation or a retail store? Are you struggling to find financing but hesitant to find investors and give up more equity in your business. Do you have a plan, and the only thing holding you back is capitol?
If this sounds like you, listen closely to today’s guest. Ian Lindemann is the cannabis business development director for Lead Funding, a direct lender for cannabis real estate financing. They work with entrepreneurs in the cannabis industry and specialize in founders who are in the pre-startup phase.
Given the quasi legality of cannabis, banking is a perpetual irritant for cannabis business. Ian shares how Lead Funding welcomes businesses in the cannabis industry. They are looking for clients and add to their business success.
Challenges To Securing a Building Loan
Due to federal banking regulations it’s difficult for startups to secure funding. Owners don’t want to give up equity. Lead Funding solves this problem by specializing in the cannabis industry. They work in any THC legal state across the nation. They partner with borrowers and help them cut through red tape and get projects off the ground. Lead Funding provides underwriting and loan services They are able to lend 70% the value of a completed projected. How can they afford to do this? Cannabis businesses are highly profitable and usually repay the loan quickly. It takes 2-3 weeks to complete a loan, which helps get the project up and running in 6 months
Easy Loans Keep Equity
If you have a solid business plan that has been vetted by regulators, Lead Funding is happy to help. They do value engineering for customers by reviewing their business plans and providing advice. Founders are not alone. Nor do they need to give away more of their business.
How To Connect with Ian Lindeman
- This is the Lead Funding website
- To email Ian at leadfunding.com
This is a production of Habanero Media.
The Cannabis Conference 2021
This interview was made at the Cannabis Conference in Las Vegas, August 2021 This is the only industry conference dedicated exclusively to plant-touching cannabis businesses, The Cannabis Conference has become known for delivering the highest level of education for dispensary, and cultivation professionals throughout the world. This year I was able to view the latest technologies, services and solutions with over 130 vendors on the world-class trade show floor. If you are looking to enter the legal cannabis industry, or a veteran ready to take your business to the next level, this is the one conference you cannot afford to miss! Sign up here for 2022.
The Cannabis Advocate Podcast
The Cannabis Advocate podcast advocates for businesses in the cannabis industry and the explores the unique challenges they face. Despite hurdles in legislation, regulation, and culture, there are tremendous opportunities for growers, producers and sellers of cannabis products. Many of these issues are unique to the cannabis industry, This podcast speaks to these common concerns and shares stories of success.
To subscribe to the podcast, go here. If you have a question or comment, go here. We would love to hear from you!
