Time in your local-timezone format:
An open discussion where we discuss projects and potential assets for MCD, open for anyone to join.
If you’d like to present, check out this thread.
CapitalNow Cannabis — https://capitalnowcannabis.com
CNC provides asset based financing to the cannabis industry; we specialize in account receivables financing/factoring and are adding equipment financing to our service offering. Traditional financial institutions and service providers have not offered their standard asset-based lending (ABL) services to the cannabis industry due to the inability of their current underwriting process to assess and mitigate risk
CNC mainly buys invoices issued by Licensed Producers (LPs) 1 to the Provincial Governments of Canada (B2G) at a discount. The provincial governments, which earn AA- to AA+ credit rating, and a few select larger and bank quality LPs have made it through underwriting and been approved as account debtors (B2B). New account debtors that have not received the same credit standing as the provincial boards and bank quality LPs have a credit limit placed on them as they work towards a more solid credit standing with CNC’s internal credit rating system.