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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 |