SHIELDS LOAN CONSULTING CONNECTING SERVICES TO

Lending Locations CA, NV, WA, AK, CO, & OR

CANNABIS LOANS

  • $100,000 to $10,000,000 Refinance of existing debt or cash out for business purpose, other than cannabis.

  • Purchases of industrial commercial properties for growing or manufacturing Purchases of retail commercial properties to act as a dispensary

  • Entity holding title must be different from entity operating

  • Up to 60 months interest-only, no prepayment penalties for the right borrower and property, typically 2-3 years

  • Conditional Use Permit or “Green Zoning” from city / county

  • Pricing will vary

  • 50% LTV, based on the value without cannabis, possible wiggle room

  • Interest rates start at 9.99%, 2.5 pts minimum

  • We do require a personal guarantee

  • We do not lend in Adelanto, King City, or Desert Hot Springs, must be in good neighborhood, in well-known metropolitan area.

 

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