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Avana Companies are pleased to announce the closing of $200,000 small business loan. The investor has requested a $200,000 revolving line of credit to purchase equipment and provide access to additional working capital.
As the lead, the parent company generates revenue from its two affiliated businesses, a recreational retail dispensary and a medial center dispensary. Our investor began operating in 2010 and currently operates a cannabis dispensary, manufactures concentrates, and is also a grow operation in Wheat Ridge, CO, with their first store opening for business in 2014. The second affiliate company operates a cannabis dispensary located in Aurora, CO that opened for business in 2018.
| Loan Amount | $200,000 |
| Loan Purpose | Equipment Purchase |
| Loan Type | Cannabis CRE |
| Project Date | April 1, 2022 |
At AVANA Capital, we are dedicated to supporting local economies through loans to entrepreneurs who create jobs, bolster communities, and contribute to the social good. By believing in the people we work with, we empower our clients with capital to finance their own growth. Our team is committed to serving clients with integrity, flexibility and transparency.