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Avana Companies and an investor in the cannabis business closed a $300,000 revolving line of credit loan to purchase equipment and provide access to additional working capital.
The investor’s entire operation is a marijuana grow and THC extraction business that wholesales their cannabis to dispensaries in Colorado. The company operates strictly B2B and does not sell products directly to consumers.
| Loan Amount | $300,000 |
| Loan Purpose | Equipment Purchase |
| Loan Type | Cannabis CRE |
| Project Date | February 4, 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.