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Cannabis Financing Solutions by Lulu Capital Inc.

At Lulu Capital Inc., we offer specialized financing solutions tailored for the cannabis industry to support your business's growth and operational needs. Our offerings include:

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1. Cannabis Line of Credit

A flexible financing option that provides access to funds up to a predetermined limit, allowing you to draw only what you need and pay interest solely on the amount utilized. This solution is ideal for managing cash flow, purchasing inventory, or addressing unexpected expenses.

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Key Features:

  • Credit limits ranging from $50,000 to $500,000.

  • Interest charged only on the drawn amount.

  • Flexible repayment terms.

  • Options for both secured (backed by assets like accounts receivable or real estate) and unsecured lines of credit.

 

Eligibility Criteria:

  • Minimum of 6 months in business.

  • Annual revenue of at least $175,000.

  • Personal credit score of 500 or higher.

2. Cannabis Equipment Financing

Designed to assist in acquiring new or used equipment essential for cultivation, processing, or retail operations. This financing covers a wide array of equipment needs, enabling you to maintain operational efficiency without significant upfront costs.

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Key Features:

  • Financing up to 100% of equipment value.

  • Interest rates starting as low as 4.59%.

  • Loan terms ranging from 1 to 10 years, aligned with the equipment's expected lifespan.

  • Quick approval process, with funding available in as little as 2 days.

 

Eligibility Criteria:

  • Approvals based on personal and business credit scores, industry type, trade history, existing trade lines, Debt Coverage Service Ratio, and equipment quotes.

3. Cannabis Real Estate and Construction Financing

Provides the capital necessary to acquire, construct, or renovate facilities such as cultivation sites, dispensaries, and processing centers. By leveraging your real estate assets, you can access funds to expand operations or enter new markets.

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Key Features:

  • Loan-to-Value (LTV) ratios up to 65%, based on the as-completed cannabis value.

  • Flexible use of funds for property purchase, construction, or refinancing.

  • Options include conventional asset-based loans, cannabis real estate loans, and sale-leaseback arrangements.

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Eligibility Criteria:

  • Collateral valued over $250,000.

  • Personal credit score of 600 or higher.

  • No existing liens on the property.

4. Cannabis Working Capital

Offers unsecured financing to support daily operations, marketing initiatives, staff hiring, and other growth opportunities. This solution ensures your business has the necessary liquidity to thrive in a competitive market.

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Key Features:

  • Fast access to funds, often within days.

  • Flexible repayment terms tied to your revenue, easing cash flow management.

  • No collateral required, preserving your valuable assets.

 

Eligibility Criteria:

  • Evaluations based on business performance and revenue streams.

At Lulu Capital Inc., we understand the unique challenges of the cannabis industry and are committed to providing financing solutions that cater to your specific needs. Partner with us to empower your business's growth and success.

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​For more information, call or text 707-695-6313 or fill out the information request form below.

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