AVANA Companies partners with Safe Harbor Financial

  • October 18, 2021

AVANA Companies partners with Safe Harbor Financial

AVANA Companies (AVANA), a comprehensive lending and asset management platform, is pleased to announce its partnership with Safe Harbor Financial, a leader in secure banking specifically designed to serve the cannabis industry. The joint announcement was made by Sundip Patel, CEO of AVANA Companies, and Safe Harbor Financial CEO, Sundie Seefried.

This strategic partnership allows AVANA’s companies, AVANA Capital and LendThrive™, to empower Safe Harbor Financial clients to grow and prosper.  Services to these Cannabis-Related Business (CRB) clients will include AVANA Capital’s loan offerings such as Commercial Real Estate (CRE), construction and bridge loans. AVANA’s new FinTech lending product, LendThrive, will provide fixed-rate loans up to $150,000 that can be used for short-term working capital and equipment needs.

“In keeping with our commitment to servicing underserved business owners, AVANA Companies is here to serve the cannabis industry for their financial needs,” says CEO Sundip Patel. “We share Safe Harbor’s dedication to diversity and are thrilled to partner with them as they are a proven trailblazer in the cannabis industry. Safe Harbor has provided a clear path for secure and compliant banking processes for cannabis-related business assets and transactions.”

Safe Harbor is owned by Partner Colorado Credit Union,  one of the first financial institutions to provide banking services to the cannabis industry. The company was approached by a team of lawyers who represented cannabis-related businesses in 2014 to provide a banking alternative to the cash-based operating system necessitated by cannabis businesses’ lack of access to the federal banking system. One year later, Safe Harbor Private Banking, now Safe Harbor Financial, began providing a legitimate and legal banking option. Under the steady direction of CEO Sundie Seefried and an executive team led by women, Safe Harbor Financial banks in excess of $200 million monthly in cannabis-related funds and strives to take its program to the national level. 

“We are confident this partnership with AVANA Companies will help strengthen the foundation of financial services we have built for those in the cannabis industry,” says Sundie Seefried, CEO of Safe Harbor Financial. “We look forward to working with AVANA COMPANIES to facilitate additional safe and secure lending options for those in the cannabusiness.”

During this time of rapid expansion in the cannabis industry, both companies look forward to serving Cannabis-Related Businesses clients in key sectors by providing commercial lending solutions. Those in the cannabusiness will be able to meet AVANA and Safe Harbor Financial in Las Vegas from October 19 through October  22 at the MjBiz.com (Marijuana Business Conference and Cannabis Expo) to discuss all their lending needs.

About AVANA Companies

With $1.3B AUM globally, the AVANA Family of Companies (AVANA) is dedicated to stimulating local economies and contributing to clean energy development across the United States. Founded in 2002 by brothers Sundip and Sanat Patel, it is a family of ESG lending and investment platforms that serve entrepreneurs and investors. AVANA’s ESG lending is done through AVANA Capital, LendThrive™,and Extensia Financial and ESG investments through AVANA Fund and EqualSeatTM. The company’s goal is to empower American small businesses by providing ESG focused loans and investment opportunities that are impactful, socially driven and preserve wealth. AVANA is headquartered in Arizona and serves small business owners and investors across the United States and globally. AVANA invests in the communities it serves, creating jobs, stimulating economic growth, and contributing to sustainable projects. AVANA has recently been named to the 2021 Inc. 5000 List of America’s Fastest-Growing Private Companies. AVANA Capital, LLC is licensed in California under DBO license number 603K752 and in Arizona under CBK license number 0921662. To learn more, visit www.avanacompanies.com or follow on AVANA Companies on LinkedIn.

About Safe Harbor Financial, LLC

Established in 2015, Safe Harbor Financial, LLC is a compliance-based banking program for the cannabis industry and is wholly owned by Partner Colorado Credit Union. In 2020 alone, Safe Harbor managed and validated over $3 billion in cannabis-related funds. In 2017, Safe Harbor began to license the cannabis banking program to other financial institutions nationally. Today, Safe Harbor has nine affiliated financial institutions in five states. For more information, visit SHFinancial.org.


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For AVANA Companies inquiries, please contact:

Sanat Patel
Chief Lending Officer
AVANA Capital / LendThrive


For Safe Harbor Financial, inquiries, please contact:

Sundie Seefried


For general media inquiries, please contact:

Joanne Sgro-Killworth
10 to 1 Public Relations


JT Turner
10 to 1 Public Relations