Following their acquisition of a $100 million financial facility, Sweet Leaf Madison Capital (888-251-8384) has announced an expansion to their lending solutions for small to medium-sized businesses in the cannabis industry.
Denver, United States - July 20, 2023 —
Sweet Leaf Madison Capital’s (SLMC) recent $100 million funding announcement sees the company become one of the best-financed lenders in the cannabis industry and will allow them to support more SMB owners in growing their businesses.
More information is available at https://sweetleafmadison.com/
The recent funding announcement will give the lender the ability to assist cannabis businesses in the medical and adult-use sectors seeking support in areas such as real estate, equipment financing, and loans.
Despite the cannabis industry having an estimated value of $13.2 billion in the USA, many business owners can struggle to find funding due to factors such as federal regulations causing challenges in accessing capital. However, since 2015, the team at Sweet Leaf Madison Capital has been working hard to provide financing solutions and support for these SMBs and the recent $100 million financial facility acquisition ensures that the firm will be able to work with more businesses in the sector.
With the new funding, SLMC is looking to diversify its customized lending solutions for all types of cannabis businesses, including cultivators, processors, retailers, and ancillary companies. This includes real estate financing for construction and acquisitions, equipment financing for upgrades, and senior secured term loans for those seeking support for their growth capital needs.
The $100 million funding, which has been provided by an unnamed New York-based global institutional special situations asset manager, also has the potential to expand to $200MM in the future following an evaluation and agreement from both parties.
SLMC’s team consists of professionals across the finance, legal, and cannabis industries, giving them both the knowledge and experience in finding funding solutions that meet the needs of their partners.
Chairman and CEO of SLMC Bryan Gordon said: “This infusion of capital is a strong show of confidence in cannabis debt financing, as well as in Sweet Leaf Madison’s approach to working in this highly regulated and fragmented industry. The opportunity to help businesses from ‘seed-to-sale’ achieve their potential is what drives everyone at SLMC, and we look forward to working with more companies to fund their growth and the growth of the industry.”
Business owners in the cannabis industry looking to learn more about the funding solutions offered by the Denver-based lender can find further details at https://sweetleafmadison.com/
Contact Info:
Name: Emma Fuller
Email: Send Email
Organization: Sweet Leaf Madison Capital
Address: 600 North Grant Street Suite 300, Denver, Colorado 80203, United States
Phone: +1-888-251-8384
Website: https://sweetleafmadison.com/
Source: PressCable
Release ID: 89102819
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