Cannabis & Hemp Real Estate Loans
Diamond Business Loans is a private commercial lender and structured finance company that offers financing to borrowers directly and through a network of finance professionals. We feature a variety of commercial loans program to accommodate borrowers’ needs, with loans limits ranging from $500,000 to $25 million plus.
Virtually any type of business in the US can apply for funding through Diamond Business Loans. Even businesses in the cannabis industry, from startup growers to established dispensaries, may be eligible for funding despite the lack of a financial track record or the shaky legal status in different states.
You can get an idea of the rates you might qualify for by sending over a copy of your personal credit report — a service many other lenders that work with nontraditional businesses aren’t always able to provide.
- Loan Amounts: $500,000 – $25 million (very well qualified transactions may be higher);
- Loan to Value (LTV): up to 70% of the Appraised Value;
- Down Payment Assistance Available for Qualified Borrowers;
- Interest Rates: 7% – 15%;
- Fees: 3 – 6 points (including lender or brokerage fees);
- Loan Term: 6 months – 10 Years (very well qualified transactions may be longer) ;
- Property Types: Commercial, Warehouse/Industrial, Retail Dispensary, Residential/Agriculture, Land on Case-By-Case);
- Loan Types: Purchase, Refinance, Equity Cash out, Bridge Loan, Rehab, and Construction;
- Additional Guideline: Lender guidelines may vary depending on property type, borrower credit, and property location. Inquire for more details.
Why Choose Diamond Business Loans?
- Capitalize & streamline your business;
- Experienced cannabis & hemp lending team;
- Unique financial solutions;
- Fast underwriting and funding;
- Stated to Full doc programs;
- Competitive rates and fees; and
- Lots of capital waiting to be invested.
Loans made pursuant to Department of Business Oversight California Financing Law License, License 60DBO-4553. “Diamond Business Loans, LLC” and “DiamondBL.com” is a direct lender, syndicate, and brokerage office and may act as the lender, syndicate, or broker for loan requests. “Diamond Business Loans, LLC” and “DiamondBL.com” is NOT “420Property.com”. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend. All rates, fees and programs are subject to change and/or withdrawal from the lending practices without notice. Eligibility can vary based on meeting minimum credit score/trade line, documentation, Loan to Value, and occupancy.