FINANCING
CANNABIS + HEMP + CBD
Non-Dilutive Working Capital
THE FAST & EASY OPTION
Both secured and unsecured working capital solutions for the Cannabis, Hemp and CBD industries. Every loan we provide is unique and custom-tailored to the specific needs of the individual business. Working capital can be used for various purposes such as, launching a new product, securing a new location or improving a facility.
Loan Amount: Up to 10 Million
Loan Term: 3 - 18 Months
Factor Rate: 1.10-1.36
Speed: As Fast As Same Day
Cultivation Equipment – Harvesting Equipment Processing Equipment – Vehicles & Trucks – Dispensary Retail Fixtures – Cannabis Supplies – Business Systems
Equipment Financing
LEASE OR PURCHASE EQUIPMENT
When your Cannabis business needs equipment, our investors will provide a hassle-free equipment lease or equipment financing agreement. Equipment financing helps you finance up to 100% of the new or used equipment you need for your business.
Loan Amount: Up to 100% of Equipment Value
Loan Term: 1-10 Years (Typically 3-5 Years)
Interest Rate: As Low As 6% (Typically 15%-18%)
Speed: : As Fast As 2 Days to Issue Term Sheet
Construction Financing
REQUIRES 1st LIEN POSITION ON THE PROPERTY
A Cannabis Construction Financing loan is secured by assets and typically used to build your cannabis facility. Construction financing includes ground up, rehabs, build-outs, tenant improvements, and FF&E.
Loan Amount: Up to $500 Million+
Loan Term: 18 Months – 3 Years
Interest Rate: 6.49-14% for stabilized assets/15-16% for value add
Factor Rate: 1.10-1.36
Speed: 2 weeks – 45 days
Loan to Value: 65%-70% LTV or LTC based on As-Completed Cannabis Value
Real Estate Financing
ADD AN ASSET TO YOUR LOAN FOR BETTER TERMS
A Cannabis Real Estate loan is secured by assets instead of emphasizing cash flow, which is typically real estate or whatever assets a business has on its balance sheet. Upwise will use collateral which can be quickly and easily liquidated. Assets can also be accounts receivables, equipment, land, crops, purchase orders, inventory & more.
Loan Amount: : Up to $500 Million+ (Based on Cannabis Value)
Loan Term: 25 Years (Typically 2-5 Years)
Interest Rate: 6.49-16%
Speed: As Fast As 2 Weeks
Loan to Value: 65%-70% LTV or LTC based on As-Completed Cannabis Value
Term Loan
CHEAP CAPITAL FOR PROFITABLE OPERATORS
For cannabis businesses that are generating revenue, our term loan option is a great solution for flexible financing. Secured against the business, our term loan loans can be used to consolidate higher-cost debt, expand the business, make purchases, or any other use that benefits the business.
Loan Amount: Up to $50 Million
Loan Term: 1 - 5 Years
Interest Rate: 10 - 20%
Underwriting: Based on the financial performance of the business
Purchase Order Financing
FULFILL YOUR ORDERS + FREE UP CASH FLOW
Cannabis Purchase Order financing is great for when you need to pay expenses before you can fulfill a certain order. Purchase order or Invoice Financing allows you to free up cash to pay vendors or expenses, before receiving payment from your customers.
Loan Amount: Up to $10 Million
LTV: 75 - 100% of the Purchase Order
Speed: As Fast As 2 Weeks
Cost: 1.5% to 3% Per Month
Inventory Financing
NEVER MISS A SALE OPPORTUNITY
Increase your purchasing power and sales ability by purchasing larger quantities of inventory at lower prices, improving your cost of goods and bottom line. Upwise will pay your vendors directly so you can receive COD “cash on demand.”
Target Amount: $200K - $10 Million
Terms: Up to 120 Day Terms
Advance Rate: 100% to the Clients Vendor
Speed: As Fast As 2 Weeks
Cost: Principal Amount plus Financing Fees
Seeds – Flowers – Pre-Rolls – Concentrates – Edibles – Topicals – Tinctures – Rolling Papers – Extraction Equipment – Jars – Packaging – Specialty Products
Get Cash Now For Your Unpaid Account Receivables or Invoices
Account Receivables Financing
INCREASE SALES & NEW CUSTOMERS
AR Financing is a great solution for our clients that offer terms to their customers. Receive funds up front for goods and services sold without cash flow disruptions caused by late payers, with this flexible funding option.
Advance Rate: 80 - 100% of the A/R or Invoice
Terms: Up to 1 Year with Annual Renewals
Speed: As Fast As 2 Weeks
Cost: Principal Amount plus Financing Fees
Sale & Leasebacks
UTILIZE YOUR ASSETS TO GROW
Our investors acquire freestanding commercial and retail properties and unencumbered equipment from licensed cannabis operators. The properties or equipment can be leased back to the business for operational costs. We focus on well capitalized operators with a successful track record. (Greenhouse, Indoor Facilities, Equipment & Cultivations)
Target Amount: Up to $150 Million
Lease Term: 10 - 20 years
Cap Rate: 8 to 16%
Annual Base Rent Escalators: 2.33-4.5%
Speed: 30 to 60 Days from signed purchase agreement
Acquisition Loans
PURCHASE A NEW OR EXISTING BUSINESS
A Cannabis Acquisition Loan allows you to buy an existing and profitable business. You can buy out an existing partner or purchase a well-established business. For this type of loan, it's best to be purchasing a thriving company, that will be easy to prove low risk to the lender.
Target Amount: $2 to $150 Million
Term: 3 - 10 years
Cost of Capital: 10 to 16%
Speed: 30 to 60 Days
PACE Financing
CHEAPEST COST TO CAPITAL IN CANNABIS
C-PACE or the commercial property assessed clean energy program is an innovative financing model for energy improvements issued by the Department of Energy. PACE collateralizes the real estate property tax assessment of the commercial property with a first position lien. PACE stays with the property and does not affect a 1st lien mortgage. PACE can cover 100% of soft and hard construction costs.
Loan Amount: Up to $500 Million+ (Based on Cannabis Value) Loan Term: 20- 30 Year Amortization (NO PAYMENTS IN THE FIRST 2 YEARS)
Interest Rate: 7% - 9% for Cannabis Properties
Speed: Typically, 45 – 90 days
Loan to Value: 25% LTV or LTC based on As-Completed Cannabis Value
ELIGIBLE EQUIPMENT
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Lighting
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Building Controls
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HVAC, Boilers and Chillers
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Building Envelope (roof, windows, doors)
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Insulation
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Energy Management and Control Systems
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Electrical Distribution
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Power Generation
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Compressors, Motors and Drives
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Refrigeration
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Waste Energy Recovery
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Combined Heat/Power Systems
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Solar, Geothermal and Wind Systems
PAYMENTS
CANNABIS + HEMP + CBD
Merchant Services
HEMP & CBD
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Payment Processing
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eCommerce Solutions
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Brick & Mortar Retail
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Wholesale
MEDICAL + RECREATIONAL USE MARIJUANA
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Cannabis Payment Processing
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Mobile + App-Based EFT Payment Processing
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Brick & Mortar Retail Credit + Debit Card Processing
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Cashless ATM (Point of Banking / Debit-Only) Processing